Welcome to our dedicated page for Neptune Insurance Holdings SEC filings (Ticker: NP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Neptune Insurance Holdings Inc. filings document the public-company record for an emerging growth company whose Class A common stock was sold in an initial public offering. The filings include Form 8-K reports for results of operations and financial condition, exhibits with press releases and earnings presentations, and disclosures covering a board-authorized stock repurchase program.
Proxy materials describe annual meeting matters, stockholder voting procedures, board governance, and public-company governance for Neptune's first full year as a public company. Other filings record amendments to the Delaware certificate of incorporation and bylaws, the Class A common stock structure, registration-statement history, and disclosures related to Neptune Flood's MGA model, carrier partnerships, underwriting technology, and distribution platform.
Neptune Insurance Holdings Inc. reported the results of its 2026 virtual annual meeting of stockholders. Investors re-elected Trevor Burgess and Jonathan Carlon as Class I directors to serve until the 2029 annual meeting, with each receiving more than 465 million votes in favor.
Stockholders also ratified PricewaterhouseCoopers LLP as independent public accountants for the fiscal year ending December 31, 2026, with 475,278,678 votes for, 3,631 against and 45,991 abstentions. As of the April 7, 2026 record date, 94,895,913 Class A shares and 43,435,000 Class B shares were outstanding, and approximately 70.98% of eligible shares were represented at the meeting.
Neptune Insurance Holdings Inc. disclosed that investment vehicle BSIV Hold 101, LP, a ten percent owner, sold Class A Common Stock in two open-market transactions linked to a public offering. On May 15, 2026, it sold 4,589,351 shares at $26.40 per share in connection with the offering prospectus dated May 13, 2026. On May 19, 2026, it sold an additional 688,403 shares at $26.40 per share pursuant to the underwriters’ over-allotment option. After these sales, BSIV Hold 101, LP reported holding 14,252,718 shares of Class A Common Stock. The interests are held through a structure ultimately owned or advised by entities associated with Gene Yoon, and each reporting person disclaims beneficial ownership beyond any pecuniary interest.
Neptune Insurance Holdings Inc. large shareholders affiliated with FTV reported open-market sales of Class A Common Stock tied to a public offering. They sold a total of 6,039,850 shares at $26.40 per share across two transactions.
One sale on May 15, 2026 covered 5,252,044 shares, and another on May 19, 2026 covered 787,806 shares, both in connection with the offering and the underwriters’ over-allotment option. After these sales, FTV-related entities collectively hold 16,310,781 Neptune Insurance shares.
T. Rowe Price Investment Management, Inc. reported beneficial ownership of 4,741,163 shares of NEPTUNE INSURANCE HOLDI-CL A, representing 5.0% of the class as of 03/31/2026.
The filing lists sole voting power of 4,731,068 shares and sole dispositive power of 4,741,163 shares. The statement includes a formal denial of beneficial ownership and is signed by a Vice President on 05/15/2026.
Neptune Insurance Holdings Inc. is offering 9,841,395 shares of Class A common stock for resale by selling stockholders. The company will not receive proceeds; selling stockholders will receive proceeds of $259,812,828.00 after underwriting discounts. The public offering price is $27.50 per share and the underwriters’ aggregate discount is $9,742,980.50. Neptune intends to repurchase 984,140 shares from the underwriters at the same per-share price concurrently with closing, subject to customary closing conditions. The offering is expected to close on or about May 15, 2026. Trevor Burgess will continue to control approximately 84.0% of voting power (approximately 84.1% after the transaction), and the company will remain a controlled company under NYSE rules.
Neptune Insurance Holdings Inc. is registering 8,355,615 shares of its Class A common stock for resale by existing stockholders. The company is not selling shares in this offering and will not receive proceeds from the selling stockholders.
Neptune plans a concurrent repurchase of 835,561 Class A shares from the underwriters, funded with cash on hand and borrowings under its revolving credit facility. Selling stockholders have also granted underwriters an option to buy up to an additional 1,253,342 shares.
Neptune operates as a data-driven managing general agent focused on flood and related insurance, using AI and machine learning to underwrite policies for capacity providers without taking balance sheet risk. For 2025, it generated $159.6 million in revenue, $37.4 million in net income, and $95.0 million in Adjusted EBITDA, reflecting strong margins. CEO Trevor Burgess controls approximately 84.0% of voting power, making Neptune a controlled company under NYSE rules and an emerging growth company with reduced reporting requirements.
Neptune Insurance Holdings reports solid Q1 2026 growth with a new stock repurchase plan. Revenue rose to $37.8M, up 28.8% year over year, driven by higher written premium and policy renewals. Net income was $7.3M versus $9.9M a year ago, as share-based compensation increased sharply following the IPO. Adjusted EBITDA grew 26.0% to $21.6M, keeping margins above 50%.
Premium in force reached $388.7M and policies in force were 295,029, supported by an 86.2% policy retention rate and 92.9% premium retention. The company continues to operate as a capital-light MGA, using a $260M revolving credit facility with $227M outstanding and $33M available at quarter-end. After quarter close, the board authorized up to $100.0M of Class A share repurchases and the company repaid an additional $5M on the revolver.
Neptune Insurance Holdings Inc. reported strong top-line growth for the first quarter of 2026 and announced a new stock repurchase program. Revenue rose 28.8% to $37.8 million, while net income fell 26.1% to $7.3 million due largely to higher share-based compensation and public company costs.
On a non-GAAP basis, Adjusted net income increased 21.4% to $13.4 million and Adjusted EBITDA grew 26.0% to $21.6 million, for a 57.1% margin. Written premium climbed 26% to $86.7 million, and policies in force reached 295,000 with premium in force of $388.7 million.
The Board approved a stock repurchase program authorizing up to $100 million of Class A common stock buybacks with no set expiration. Management now expects full-year 2026 revenue of $195 million and an Adjusted EBITDA margin between 60% and 61%, reflecting confidence in sustained growth and profitability.