Anthony Saravanos, Division President and Director of HCI Group, Inc., filed a Form 4 on October 27, 2026, reporting the surrender of 82 shares of common stock on October 23, 2026, to cover estimated federal tax liability associated with the vesting of restricted shares.

Key Highlights

  • Tax withholding transaction: 82 shares were surrendered (transaction code F) on October 23, 2026, at a price of $204.06 per share to cover estimated federal tax liability.
  • Vesting event: The surrender was associated with the vesting of 207 restricted shares on October 23, 2026, as disclosed in the filing's footnotes.
  • Original grant: The 207 shares represent one-third of a 621-share restricted stock grant effective December 19, 2025, issued under HCI Group's 2012 Omnibus Incentive Plan.
  • Remaining vesting schedule: An additional 207 shares are scheduled to vest on each of October 23, 2027, and October 23, 2028, according to the filing.
  • Direct beneficial ownership: Following the transaction, Saravanos directly holds 95,358 shares of common stock, plus 414 directly held shares noted separately in the filing.
  • Indirect holdings: The filing also reports 30,000 shares held indirectly by HC Investment LLC, 1,200 shares held indirectly as custodian for his son, and 140 shares held through an IRA.

Anthony Saravanos Files Form 4 Following October 2026 Restricted Stock Vesting at HCI Group

According to the filing, Anthony Saravanos, who holds the roles of Division President and Director at HCI Group, Inc. (NYSE:HCI), reported a single non-derivative transaction on October 23, 2026. The transaction involved the surrender of 82 shares of common stock at $204.06 per share under transaction code F, which the filing's footnotes describe as shares "surrendered to cover the estimated federal tax liability associated with the vesting of 207 restricted shares on October 23, 2026."

The restricted shares are part of a 621-share grant that became effective December 19, 2025, and was issued pursuant to the company's 2012 Omnibus Incentive Plan under a restricted stock agreement dated the same day. The filing states that restrictions lapse and shares vest in three equal installments of 207 shares each on October 23, 2026, October 23, 2027, and October 23, 2028. Following the reported transaction, the filing shows Saravanos directly owns 414 shares in one line entry and 95,358 shares in another, with the Form 4 filed on October 27, 2026, signed by Andrew L. Graham as attorney-in-fact for Anthony Saravanos.

In addition to direct holdings, the filing discloses indirect beneficial ownership of 30,000 shares through HC Investment LLC, 1,200 shares held by Saravanos and Maria Saravanos as custodian for their son Kostas Anthony Saravanos, and 140 shares through an Anthony Saravanos IRA. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

The filing reported the surrender of 82 common shares at $204.06 each on October 23, 2026, by HCI Group Division President and Director Anthony Saravanos, tied to the vesting of 207 restricted shares from a December 2025 grant under the company's 2012 Omnibus Incentive Plan.