HCI Group Establishes Non-Employee Director Compensation Plan
On June 11, 2026, HCI Group, Inc. announced that its compensation committee established a new compensation plan for the company's non-employee directors. Under the plan, each director will receive an annual cash compensation of $100,000, payable quarterly, along with 750 restricted common shares. The restricted shares are subject to transfer restrictions until May 27, 2027. During the restriction period, directors will retain full ownership rights including entitlement to dividends. This filing represents the entry into a material definitive agreement regarding director compensation, which is a standard governance matter for publicly traded companies. The compensation structure aligns director interests with shareholder value through equity-based compensation while providing competitive cash remuneration for board service.