Madhu Sanjay 4
4 · HCI Group, Inc. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
HCI Group Director Madhu Sanjay Receives Restricted Stock Award
What Happened
- Madhu Sanjay, a director of HCI Group, received a grant of 750 restricted shares (transaction code A) effective 6/11/2026. No purchase price is reported — this was an equity award under HCI’s 2012 Omnibus Incentive Plan. The shares will vest on 5/27/2027, so they are not immediately transferable or saleable.
Key Details
- Transaction date: 2026-06-11; Form 4 filed: 2026-06-15 (timely filing).
- Shares granted: 750 restricted shares. Price: N/A (award/grant).
- Vesting: all 750 shares vest on 2027-05-27 per the restricted stock agreement.
- Plan: 2012 Omnibus Incentive Plan.
- Footnote: the reporting person (Madhu Sanjay) holds voting and investment power for shares held by Universal Finance & Investments, LLC.
- Shares owned after transaction: Not specified in the filing.
Context
- Restricted stock awards are compensation: they grant shares now but impose vesting conditions before the insider fully owns or can sell them. Such awards are common for board members and executives and are a retention/compensation tool rather than an immediate market-timing signal.
Insider Transaction Report
Form 4
Madhu Sanjay
Director
Transactions
- Award
Common Stock
[F1]2026-06-11+750→ 750 total
Holdings
- 2,803(indirect: By IRA)
Common Stock
- 11,988
Common Stock
- 41,500(indirect: By LLC)
Common Stock
[F2]
Footnotes (2)
- [F1]Restricted stock grant of 750 shares effective 6/11/2026: The restricted shares will vest on 5/27/2027. 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.
- [F2]The reporting person holds voting and investment power of all shares held by Universal Finance & Investments, LLC.
Signature
/s/ Andrew L. Graham as Attorney-in-fact for Sanjay Madhu|2026-06-15