AMERICAN COASTAL INSURANCE Corp 8-K
Research Summary
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American Coastal Insurance Corp Reports 2026 Annual Meeting Vote Results
What Happened
American Coastal Insurance Corporation (ACIC) filed an 8-K on May 29, 2026 reporting the results of its 2026 Annual Meeting. A total of 42,734,499 shares were represented (of 48,342,811 issued and outstanding shares as of the March 27, 2026 record date). Stockholders elected five Class B directors to two-year terms and ratified the appointment of Deloitte & Touche LLP as the company’s independent registered public accounting firm for the 2026 fiscal year.
Key Details
- Total shares represented at the meeting: 42,734,499 of 48,342,811 outstanding (record date March 27, 2026).
- Directors elected (two-year terms):
- Alec L. Poitevint, II — For: 34,034,347; Against: 277,147; Abstained: 36,474; Broker non-votes: 8,386,531
- Kern M. Davis, M.D. — For: 32,529,935; Against: 1,781,370; Abstained: 36,663; Broker non-votes: 8,386,531
- William H. Hood, III — For: 34,098,402; Against: 211,900; Abstained: 37,666; Broker non-votes: 8,386,531
- Patrick F. Maroney — For: 34,144,228; Against: 167,267; Abstained: 36,473; Broker non-votes: 8,386,531
- Deirdre A. Brown — For: 34,019,881; Against: 318,214; Abstained: 9,873; Broker non-votes: 8,386,531
- Auditor ratification: Deloitte & Touche LLP ratified — For: 42,667,555; Against: 22,174; Abstained: 44,770; no broker non-votes reported.
Why It Matters
The vote results confirm the board lineup and continuity of governance for the next two years, which can affect oversight and strategic direction. Ratification of Deloitte & Touche as auditor ensures continuity in external audit coverage for fiscal year 2026 and supports transparency in the company’s financial reporting. There were no executive departures or other material corporate actions reported in this filing.
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