Coleman Karin Sue 4
Research Summary
AI-generated summary
HCI COO Coleman Karin Sue Surrenders 13,379 Shares for Taxes
What Happened
- Coleman Karin Sue, Chief Operating Officer of HCI Group, Inc. (HCI), surrendered 13,379 shares at $157.79 per share (total value $2,111,072) on May 22, 2026. The shares were disposed to satisfy estimated federal tax withholding associated with a restricted stock vesting. Transaction code F indicates tax withholding/cashless share surrender rather than an open-market sale.
Key Details
- Transaction date and price: May 22, 2026 — 13,379 shares at $157.79 each; reported total value $2,111,072.
- Purpose: Shares were surrendered to cover estimated federal tax liability for the vesting of 34,000 restricted shares on May 22, 2026 (footnote F1).
- Additional grant info: The filing also notes a separate restricted stock grant dated 12/19/2025 that vests in equal increments on Oct 23, 2026, Oct 23, 2027, and Oct 23, 2028 (footnote F2).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Filing date: Form 4 filed May 27, 2026 covering the 5/22/2026 transaction. Check the full filing for any late-filing indicator.
Context
- This was a tax-withholding (cashless) surrender of shares tied to a vesting event — a routine administrative transaction that does not necessarily signal a change in insider sentiment. It is different from an open-market sale (which can indicate liquidity or sentiment) and from a purchase (which can be viewed as a bullish signal).