ACIC 8-K
AMERICAN COASTAL INSURANCE Corp (ACIC)
8-K
2025-05-22
For: 2025-05-22
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Added on
April 12, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): May 22, 2025
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07. Submission of Matters to a Vote of Security Holders.
The Company's 2025 Annual Meeting was held for stockholders to consider and act upon the four proposals listed below. A total of 41,399,152 shares of our common stock, out of a total of 48,308,466 shares of common stock issued and outstanding and entitled to vote as of the close of business on March 20, 2025, were present in person or represented by proxy. The final results of the stockholder votes regarding each proposal were as follows:
Proposal One: The stockholders elected each of the four persons named below to serve as Class A directors for a two-year term until the Company's 2027 annual meeting of stockholders and until his successor is duly elected and qualified or until his earlier death, resignation, or removal.
| For | Against | Abstained | Broker Non Votes | ||||||||||||||||||||||||||
| Class B Directors | |||||||||||||||||||||||||||||
| R. Daniel Peed | 31,780,974 | 597,678 | 29,112 | 8,991,388 | |||||||||||||||||||||||||
| Gregory C. Branch | 31,001,672 | 1,373,303 | 32,789 | 8,991,388 | |||||||||||||||||||||||||
| Michael R. Hogan | 28,880,927 | 3,495,181 | 31,656 | 8,991,388 | |||||||||||||||||||||||||
| Kent G. Whittemore | 28,745,663 | 3,630,446 | 31,655 | 8,991,388 | |||||||||||||||||||||||||
Proposal Two: The stockholders ratified the appointment of Deloitte & Touche, LLP as the Company's independent registered public accounting firm for the fiscal year ended December 31, 2025.
| For | Against | Abstained | Broker Non Votes | |||||||||||||||||
| 41,357,111 | 18,236 | 23,805 | — | |||||||||||||||||
Proposal Three: The stockholders recommended, on an advisory basis, the compensation of the Company's named executive officers as described in the proxy statement.
| For | Against | Abstained | Broker Non Votes | |||||||||||||||||
| 32,203,753 | 175,186 | 28,825 | 8,991,388 | |||||||||||||||||
Proposal Four: The stockholders recommended, on an advisory basis, future advisory votes to approve the compensation of the Company's named executive officers on a three year basis
| One Year | Two Years | Three Years | Abstained | Broker Non Votes | ||||||||||||||||||||||
| 11,635,783 | 79,080 | 20,653,310 | 39,591 | 8,991,388 | ||||||||||||||||||||||
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned thereunder duly authorized.
| AMERICAN COASTAL INSURANCE CORPORATION | ||||||||
| May 22, 2025 | By: | /s/ B. Bradford Martz | ||||||
| B. Bradford Martz, President & Chief Executive Officer | ||||||||