HCI Group (HCI) counsel surrenders 13,379 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HCI Group, Inc. General Counsel Andrew L. Graham reported a tax-withholding share disposition related to restricted stock vesting. On May 22, 2026, he surrendered 13,379 shares of common stock at $157.79 per share to cover estimated federal tax liability tied to the vesting of 34,000 restricted shares. The filing also lists direct holdings of 1,251 shares and 43,851 shares of common stock following the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Graham Andrew L.
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 13,379 | $157.79 | $2.11M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct, null)
Footnotes (1)
- 13,379 shares were surrendered to cover the estimated federal tax liability associated with the vesting of 34,000 restricted shares on May 22, 2026. On December 19, 2025, the Reporting Person received a restricted stock grant. The shares will vest in equal increments on October 23, 2026, October 23, 2027, and October 23, 2028. These shares were granted by the company pursuant to the company's 2012 Omnibus Incentive Plan and under the terms and conditions of a restricted stock agreement dated 12/19/2025.
Key Figures
Tax-withholding shares surrendered: 13,379 shares
Transaction price per share: $157.79 per share
Restricted shares vested: 34,000 shares
+3 more
6 metrics
Tax-withholding shares surrendered
13,379 shares
Common stock surrendered on May 22, 2026
Transaction price per share
$157.79 per share
Value used for tax-withholding disposition
Restricted shares vested
34,000 shares
Restricted stock vesting on May 22, 2026
Direct holding line 1
1,251 shares
Common stock reported following transactions
Direct holding line 2
43,851 shares
Common stock reported following transactions
Tax-withholding transactions
1 transaction, 13,379 shares
Summary of tax-related disposition activity
Key Terms
restricted shares, tax-withholding disposition, estimated federal tax liability, 2012 Omnibus Incentive Plan, +1 more
5 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
estimated federal tax liability financial
"shares were surrendered to cover the estimated federal tax liability associated with the vesting"
2012 Omnibus Incentive Plan financial
"These shares were granted by the company pursuant to the company's 2012 Omnibus Incentive Plan"
restricted stock grant financial
"the Reporting Person received a restricted stock grant"
A restricted stock grant is an award of company shares given to an employee or executive that cannot be sold or transferred until certain conditions are met, such as staying with the company for a set time or hitting performance goals. For investors, it signals how the company ties pay to future performance and can affect the number of shares outstanding and management’s incentives—think of it as a wrapped gift you only keep once you meet the requirements.
FAQ
What did HCI (HCI) General Counsel Andrew L. Graham report in this Form 4?
Andrew L. Graham reported a tax-related share disposition. He surrendered 13,379 HCI Group common shares to cover estimated federal taxes arising from the vesting of 34,000 restricted shares on May 22, 2026, a routine compensation-related event rather than an open-market sale.
What triggered the tax-withholding disposition reported by HCI General Counsel?
The disposition was triggered by the vesting of 34,000 restricted shares on May 22, 2026. To cover the estimated federal tax liability from this vesting event, 13,379 HCI Group common shares were surrendered, as described in the Form 4 footnotes.
What future vesting schedule is disclosed for Andrew L. Graham’s HCI restricted stock grant?
A restricted stock grant received on December 19, 2025 will vest in equal increments on October 23, 2026, October 23, 2027, and October 23, 2028. The grant was made under HCI Group’s 2012 Omnibus Incentive Plan and a related restricted stock agreement.