Form 4: HCI Group General Counsel Reports Stock Transaction
Statement of Changes in Beneficial Ownership
HCI Group General Counsel Andrew L. Graham reported the surrender of 13,379 shares to cover tax obligations related to restricted stock vesting.
Summary
- Andrew L. Graham, General Counsel of HCI Group, Inc., executed a transaction involving the surrender of 13,379 shares of common stock.
- The transaction occurred on May 22, 2026, at a price of $157.79 per share.
- The surrender was conducted to satisfy tax withholding requirements associated with the vesting of 34,000 restricted shares.
- Following the transaction, the reporting person maintains direct ownership of 43,851 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine administrative action regarding executive tax obligations rather than a strategic shift or market-driven trade.
Positives
- The transaction reflects the vesting of equity compensation, indicating alignment between executive interests and long-term company performance.
Negatives
- The transaction resulted in a reduction of the reporting person's direct shareholding in the company.
Risks
- None identified; this is a routine tax-related transaction.
Future Outlook
The filing does not provide forward-looking financial guidance, focusing solely on the reporting of insider equity transactions.
Industry Context
StockSavvy.ai notes that this filing is a standard regulatory disclosure for insurance sector executives managing equity-based compensation and tax obligations.
Comparison to Industry Standards
- The transaction follows standard corporate governance practices for executive compensation vesting and tax withholding, consistent with peers in the insurance and financial services industry.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a standard tax-related equity adjustment.
Next Steps
- Vesting of additional restricted shares on October 23, 2026.
Key Dates
| Date | Description |
|---|---|
| 2025-12-19 | Date of restricted stock grant. |
| 2026-05-22 | Date of transaction and vesting of restricted shares. |
| 2026-05-27 | Date of filing. |
| 2026-10-23 | Upcoming vesting date for remaining restricted stock. |
Keywords
HCI Group, HCI, Insider Trading, Form 4, Equity Compensation, Tax Withholding
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