HCI Files 4 with SEC

Rhea-AI Filing Summary

HCI Group, Inc. director and Division President Anthony Saravanos reported equity awards and holdings in company common stock. On 12/19/2025, he received a restricted stock grant of 621 shares, with restrictions scheduled to lapse in three equal installments of 207 shares on October 23, 2026, October 23, 2027, and October 23, 2028, under the company’s 2012 Omnibus Incentive Plan.

The filing also notes a prior restricted stock grant of 34,000 shares effective February 26, 2021, which has met its vesting condition and is scheduled to vest on May 22, 2026, contingent on continued employment. Saravanos reports both direct and indirect ownership of HCI Group common stock, including holdings through an LLC, an IRA, and a custodial account.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Saravanos Anthony

(Last) (First) (Middle)

3802 COCONUT PALM DRIVE

(Street)

TAMPA FL 33619

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
HCI Group, Inc. [ HCI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Division President

3. Date of Earliest Transaction (Month/Day/Year)
12/19/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								30,000	I	By HC Investment LLC
Common Stock								1,200	I	By Self and Maria Saravanos as Custodian for son, Kostas Anthony Saravanos
Common Stock								140	I	By Anthony Saravanos IRA
Common Stock								74,617	D
Common Stock								34,000(2)	D
Common Stock	12/19/2025		A		621	A	(1)	621	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted stock grant of 621 shares effective 12/19/2025: Restrictions will lapse and the restricted shares will vest as follows: 207 shares on each of 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.

2. Restricted stock grant of 34,000 shares effective 2/26/2021: The restricted shares have previously met the vesting condition and are scheduled to vest on May 22, 2026, as long as the reporting person remains employed by the Issuer. The 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 2/26/2021.

	/s/ Andrew L. Graham as Attorney-in-fact for Anthony Saravanos	12/23/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did HCI (HCI) report in this Form 4?

The filing reports that Anthony Saravanos, a director and Division President of HCI Group, Inc., received a restricted stock grant of 621 common shares effective 12/19/2025 under the company’s 2012 Omnibus Incentive Plan.

How will the new 621 restricted HCI shares vest for Anthony Saravanos?

The 621 restricted shares granted on 12/19/2025 are scheduled to vest in three equal installments of 207 shares on October 23, 2026, October 23, 2027, and October 23, 2028, subject to the terms of the restricted stock agreement.

What is the status of the earlier 34,000-share restricted stock grant at HCI?

A prior restricted stock grant of 34,000 shares effective 2/26/2021 has met its vesting condition and is scheduled to fully vest on May 22, 2026, provided that Anthony Saravanos remains employed by HCI Group, Inc.

What roles does the reporting person hold at HCI Group, Inc.?

Anthony Saravanos is identified as both a director and an officer of HCI Group, Inc., serving in the role of Division President, and is the reporting person in this Form 4.

How much HCI stock does Anthony Saravanos hold directly and indirectly?

The filing lists direct ownership of HCI common stock and several indirect holdings, including 30,000 shares held by HC Investment LLC, 1,200 shares held in a custodial account for his son, and 140 shares held in an IRA, along with additional directly held and restricted shares.

Under what plan were the HCI restricted stock awards granted?

Both the 621-share grant effective 12/19/2025 and the earlier 34,000-share grant effective 2/26/2021 were issued under HCI Group, Inc.’s 2012 Omnibus Incentive Plan pursuant to restricted stock agreements.