American Coastal Insurance details 2026 shareholder votes
American Coastal Insurance Corporation reported voting results from its 2026 annual stockholder meeting.
Rhea-AI Filing Summary
American Coastal Insurance Corporation reported voting results from its 2026 annual stockholder meeting. Stockholders representing 42,734,499 shares of common stock were present or represented by proxy, out of 48,342,811 shares outstanding and entitled to vote as of March 27, 2026.
All five nominated Class B directors — Alec L. Poitevint II, Kern M. Davis, M.D., William H. Hood III, Patrick F. Maroney, and Deirdre A. Brown — were elected to two-year terms ending at the 2028 annual meeting. Stockholders also ratified Deloitte & Touche LLP as the company’s independent registered public accounting firm for the fiscal year ended December 31, 2026.
Positive
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Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Shares represented at meeting: 42,734,499 shares
Shares outstanding entitled to vote: 48,342,811 shares
Votes For auditor ratification: 42,667,555 votes
+5 more
8 metrics
Shares represented at meeting
42,734,499 shares
Common stock present or by proxy at 2026 annual meeting
Shares outstanding entitled to vote
48,342,811 shares
Common stock issued and outstanding as of March 27, 2026
Votes For auditor ratification
42,667,555 votes
Ratification of Deloitte & Touche LLP for fiscal year 2026
Votes Against auditor ratification
22,174 votes
Ratification of Deloitte & Touche LLP for fiscal year 2026
Abstentions on auditor ratification
44,770 votes
Ratification of Deloitte & Touche LLP for fiscal year 2026
For votes – Alec L. Poitevint II
34,034,347 votes
Election as Class B director
For votes – Kern M. Davis, M.D.
32,529,935 votes
Election as Class B director
Broker non-votes on director items
8,386,531 votes
Broker non-votes for each Class B director proposal
Key Terms
broker non votes, independent registered public accounting firm, annual meeting of stockholders, emerging growth company
4 terms
broker non votes financial
"Broker Non Votes 42,667,555 | | 22,174 | | 44,770 | | —"
independent registered public accounting firm financial
"ratified the appointment of Deloitte & Touche, LLP as the Company's independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
annual meeting of stockholders financial
"The Company's 2026 Annual Meeting was held for stockholders to consider and act upon the two proposals"
emerging growth company regulatory
"Emerging growth company Item 5.07 Submission of Matters to a Vote of Security Holders."
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What did American Coastal Insurance (ACIC) stockholders vote on at the 2026 annual meeting?
Stockholders voted on electing five Class B directors and ratifying Deloitte & Touche LLP as independent auditor. Both proposals received sufficient support, confirming the board slate and external auditor for the 2026 fiscal year.
Were all Class B director nominees elected at American Coastal Insurance (ACIC)?
Yes, all five Class B director nominees were elected. Each received more votes “For” than “Against” and will serve a two-year term until the 2028 annual meeting, continuing until a successor is elected or earlier departure.
Who was appointed auditor for American Coastal Insurance (ACIC) for fiscal year 2026?
Stockholders ratified Deloitte & Touche LLP as the independent registered public accounting firm for the year ended December 31, 2026. The ratification received 42,667,555 votes For, 22,174 Against, and 44,770 Abstentions, with no broker non-votes reported.
What were the broker non-votes on American Coastal Insurance (ACIC) director elections?
Each Class B director election showed 8,386,531 broker non-votes. Broker non-votes occur when brokers hold shares in street name but lack voting instructions on non-routine items, so those shares are not counted as For, Against, or Abstain.
AI-generated analysis. How Rhea-AI works. Not financial advice.
