HCI Group (NYSE: HCI) COO surrenders 13,379 shares to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HCI Group, Inc. reported that Chief Operating Officer Karin Sue Coleman surrendered 13,379 shares of common stock on May 22, 2026 to cover estimated federal tax liability tied to the vesting of 34,000 restricted shares. This was a tax-withholding disposition at $157.7900 per share, not an open-market sale. After these transactions, she continues to hold direct positions reported at 1,251.0000 and 44,946.1400 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Coleman Karin Sue
Role
Chief Operating Officer
| 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: 13,379 shares
Tax-withholding price: $157.7900 per share
Restricted shares vesting: 34,000 restricted shares
+2 more
5 metrics
Tax-withholding shares
13,379 shares
Surrendered to cover estimated federal tax liability on May 22, 2026
Tax-withholding price
$157.7900 per share
Value used for 13,379-share tax-withholding disposition
Restricted shares vesting
34,000 restricted shares
Vested on May 22, 2026, creating the tax obligation
Direct holding line 1
1,251.0000 shares
Common stock directly owned after transactions
Direct holding line 2
44,946.1400 shares
Common stock directly owned after transactions
Key Terms
restricted shares, tax liability, restricted stock grant, 2012 Omnibus Incentive Plan, +1 more
5 terms
tax liability financial
"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."
restricted stock grant financial
"On December 19, 2025, 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.
2012 Omnibus Incentive Plan financial
"These shares were granted by the company pursuant to the company's 2012 Omnibus Incentive Plan"
restricted stock agreement financial
"under the terms and conditions of a restricted stock agreement dated 12/19/2025."
FAQ
What insider transaction did HCI (HCI) disclose for Karin Sue Coleman?
HCI Group disclosed that COO Karin Sue Coleman surrendered 13,379 common shares to cover federal taxes on vesting restricted stock. The disposition used shares rather than cash to satisfy the tax liability arising from a 34,000-share vesting event.
Which HCI (HCI) incentive plan governs the COO’s restricted stock grant?
The restricted stock grant is governed by HCI Group’s 2012 Omnibus Incentive Plan. The award was made under a restricted stock agreement dated December 19, 2025, which specifies vesting in equal increments on October 23, 2026, October 23, 2027, and October 23, 2028.