Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-25

American Coastal Insurance (UIHC)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$2,811,555
B. Bradford Martz total, FY2025
22nd
CEO pay percentile vs peers
16.31:1
CEO-to-median pay ratio
99.46%
Say-on-pay support, latest vote
Companies that benchmark against UIHC
2 companies name UIHC as a compensation peer

Each company listed discloses UIHC in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named UIHC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
B. Bradford Martz$681,042$0$787,500$262,500$945,000$0$135,513$2,811,555
President & CEO
Christopher Griffith480,0000315,000105,000375,638084,2281,359,866
Chief Information Officer & Chief Operating Officer
Svetlana Castle385,0000216,56372,188283,500028,700985,950
Chief Financial Officer
R. Daniel Peed150,000053,6000002,500206,100
Former CEO and Executive Chairman of Board

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
B. Bradford Martz$2,811,555
Christopher Griffith1,359,866
Svetlana Castle985,950
R. Daniel Peed206,100

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
B. Bradford MartzPSU45,14267,713$525,000
Christopher GriffithPSU18,05727,086210,000
Christopher Griffith9,028105,000
BROOKE ADLEROPTION10,49291,875
JAMES GRAY6,20772,188
JAMES GRAYOPTION8,24472,188
BROOKE ADLER7,90091,875
Svetlana Castle6,20772,188
BROOKE ADLERPSU15,80023,700183,750
JAMES GRAYPSU12,41418,621144,375
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
B. Bradford Martz$0$525,000$0100.0%
Christopher Griffith0210,0000100.0%
BROOKE ADLER0183,75091,87566.7%
JAMES GRAY0144,37572,18866.7%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Svetlana CastlePSU12,414$235,183
Christopher GriffithRSU9,028114,024
Svetlana CastleOption8,24411.63
Christopher GriffithOption8,58010.37
B. Bradford MartzOption15,55110.37
B. Bradford MartzRSU22,571285,072
Christopher GriffithPSU14,562275,877
Svetlana CastleRSU4,60758,186
Svetlana CastlePSU9,212174,521
Svetlana CastleRSU6,20778,394
Christopher GriffithPSU13,400253,863
B. Bradford MartzRSU12,144153,379
Christopher GriffithOption11,99111.63
B. Bradford MartzRSU13,238167,196
B. Bradford MartzPSU45,142855,215
B. Bradford MartzPSU26,476501,588
B. Bradford MartzPSU24,288460,136
Christopher GriffithPSU18,057342,090
Christopher GriffithRSU7,28191,959
Christopher GriffithRSU6,70084,621
R. Daniel PeedRSU5,00063,150
B. Bradford MartzOption17,8844.33
Christopher GriffithOption9,8364.33
B. Bradford MartzOption29,97611.63
Svetlana CastleOption5,89810.37
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-05-2232,203,753175,18628,82599.46%Passed
20222022-05-0628,555,080428,53243,03498.52%Passed
20192019-05-0730,300,227357,6358,72098.83%Passed
20162016-05-0513,073,2341,406,53240,39390.29%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20252025-05-2299.46%a
20222022-05-0698.52%b
20192019-05-0798.83%c

a. Approved under the standard stated in the filing — “Abstentions will not affect the outcome of the vote on Proposal One.”.

b. Approved under the standard stated in the filing — “Abstentions will be included in the calculation of the number of shares represented and entitled to vote at the Annual Meeting and will therefore count as votes against the ratification of the appointment of Deloitte.”.

c. Approved under the standard stated in the filing — “Abstentions will not affect the outcome of the vote on Proposal 2 One.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)16.31 : 1
CEO total compensation$2,853,915
Median employee compensation$174,949
10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies American Coastal Insurance names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including American Coastal Insurance.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Palomar2025Mac Armstrong$1,243,269$3,862,330$0$3,843,298$8,961,148
2HCI Group2025Paresh Patel950,0000008,236,000
3Hippo Holdings, Inc.2025Richard McCathron660,0004,767,2650495,0005,997,265
4Heritage Insurance Holdings2025Ernie Garateix875,5002,757,82401,663,4505,341,897
5Universal Insurance Holdings, Inc.2025Stephen Donaghy1,000,0001,750,01402,406,8445,240,829
6Global Indemnity2025Joseph Brown1,000,0000494,50004,001,790
7United Fire Group, Inc.2025Kevin Leidwinger821,0001,656,00801,350,9343,896,774
8American Coastal Insurance2025B. Bradford Martz681,042787,500262,500945,0002,811,555
9Kingstone Companies2025Meryl Golden550,000607,600001,871,100
10Donegal Group2025Kevin Burke795,0007,7350659,1321,742,994

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
American Coastal Insurancenot disclosednot disclosednot disclosednot disclosed
Donegal Group83%Cash LTI 100NoWillis Towers Watson
Global Indemnity76%Options 100not disclosednot disclosed
HCI Groupnot disclosedRSU 100not disclosednot disclosed
Heritage Insurance Holdings158%PSU 62 · RSU 38Nonot disclosed
Hippo Holdings, Inc.not disclosedRSU 75 · PSU 25Yes — TSR performance compared to HSCM Insurtech IndexAon Human Capital Solutions
Kingstone Companiesnot disclosedRSU 100not disclosednot disclosed
Palomar176%PSU 50 · RSU 50NoPay Governance
United Fire Group, Inc.130%PSU 50 · RSU 50NoMercer
Universal Insurance Holdings, Inc.160.5%PSU 50 · RSU 50Nonot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, B. Bradford MartzDEF 14A2026-04-010001401521-26-000023Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 2,811,555. Filing ↗machine: span 939420–939429
2Section 01, Christopher GriffithDEF 14A2026-04-010001401521-26-000023Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 1,359,866. Filing ↗machine: span 1060670–1060679
3Section 01, Svetlana CastleDEF 14A2026-04-010001401521-26-000023Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 985,950. Filing ↗machine: span 1028125–1028132
4Section 01, R. Daniel PeedDEF 14A2026-04-010001401521-26-000023Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 206,100. Filing ↗machine: span 983763–983770
5Section 03, B. Bradford Martz PSUDEF 14A2026-04-010001401521-26-000023Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t24 · r3 · c5 · span 942217–942224
6Section 03, Christopher Griffith PSUDEF 14A2026-04-010001401521-26-000023Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t29 · r19 · c19 · span 1740759–1740765
7Section 03, Christopher Griffith DEF 14A2026-04-010001401521-26-000023Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t24 · r13 · c17 · span 1056150–1056157
8Section 03, BROOKE ADLER OPTIONDEF 14A2026-04-010001401521-26-000023Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t24 · r17 · c17 · span 1100529–1100535
9Section 03, JAMES GRAY DEF 14A2026-04-010001401521-26-000023Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t24 · r21 · c17 · span 1144876–1144882
10Section 03, JAMES GRAY OPTIONDEF 14A2026-04-010001401521-26-000023Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t24 · r21 · c17 · span 1144876–1144882
11Section 03, BROOKE ADLER DEF 14A2026-04-010001401521-26-000023Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t24 · r17 · c17 · span 1100529–1100535
12Section 03, Svetlana Castle DEF 14A2026-04-010001401521-26-000023Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t24 · r10 · c17 · span 1023606–1023612
13Section 03, BROOKE ADLER PSUDEF 14A2026-04-010001401521-26-000023Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t27 · r19 · c24 · span 1432188–1432195
14Section 03, JAMES GRAY PSUDEF 14A2026-04-010001401521-26-000023Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t27 · r24 · c24 · span 1479356–1479363
15Section 07, pay ratioDEF 14A2026-04-010001401521-26-000023Section “CEO Pay Ratio”. As printed: 16.31 : 1. Filing ↗
16Section 06, 2025 voteForm 8-K2025-05-220001401521-25-000105Item 5.07 · say-on-pay result. As reported: 99.46% (votes for as printed: 32,203,753). Filing ↗
17Section 06, 2022 voteForm 8-K2022-05-060001401521-22-000063Item 5.07 · say-on-pay result. As reported: 98.52%. Filing ↗
18Section 06, 2019 voteForm 8-K2019-05-090001401521-19-000111Item 5.07 · say-on-pay result. As reported: 98.83%. Filing ↗
19Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
20Palomar, Section 10b CEO totalDEF 14A2026-04-100002071876-26-000105CEO total compensation as printed in Palomar's own proxy. As printed: 8,961,148. Filing ↗machine: r1 · c6 · span 800817–800826
21HCI Group, Section 10b CEO totalDEF 14A2026-04-290001193125-26-191649CEO total compensation as printed in HCI Group's own proxy. As printed: 8,236,000. Filing ↗machine: span 700093–700102
22Hippo Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-220001193125-26-170319CEO total compensation as printed in Hippo Holdings, Inc.'s own proxy. As printed: 5,997,265. Filing ↗machine: r2 · c27 · span 400797–400806
23Heritage Insurance Holdings, Section 10b CEO totalDEF 14A2026-04-300001193125-26-197339CEO total compensation as printed in Heritage Insurance Holdings's own proxy. As printed: 5,341,897. Filing ↗machine: r2 · c27 · span 259277–259286
24Universal Insurance Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-240001193125-26-177529CEO total compensation as printed in Universal Insurance Holdings, Inc.'s own proxy. As printed: 5,240,829. Filing ↗machine: span 525027–525036
25Global Indemnity, Section 10b CEO totalDEF 14A2026-04-290001193125-26-191942CEO total compensation as printed in Global Indemnity's own proxy. As printed: 4,001,790. Filing ↗machine: r2 · c38 · span 274562–274571
26United Fire Group, Inc., Section 10b CEO totalDEF 14A2026-04-070000101199-26-000020CEO total compensation as printed in United Fire Group, Inc.'s own proxy. As printed: 3,896,774. Filing ↗machine: r2 · c54 · span 775843–775852
27American Coastal Insurance (subject), Section 10b CEO totalDEF 14A2026-04-010001401521-26-000023CEO total compensation as printed in American Coastal Insurance's own proxy. As printed: 2,811,555. Filing ↗machine: span 939420–939429
28Kingstone Companies, Section 10b CEO totalDEF 14A2026-06-250000033992-26-000024CEO total compensation as printed in Kingstone Companies's own proxy. As printed: 1,871,100. Filing ↗machine: r3 · c24 · span 66699–66708
29Donegal Group, Section 10b CEO totalDEF 14A2026-03-160001140361-26-009495CEO total compensation as printed in Donegal Group's own proxy. As printed: 1,742,994. Filing ↗machine: t207 · r1 · c16 · span 576457–576466
30Section 10a, Global Indemnity reciprocityDEF 14A0001193125-26-191942Global Indemnity names American Coastal Insurance in its own disclosed peer group (read from its most recent proxy). Filing ↗
31Section 10a, HCI Group reciprocityDEF 14A0001193125-26-191649HCI Group's most recent proxy was read; its disclosed peer group does not include American Coastal Insurance. Filing ↗
32Section 10a, United Fire Group, Inc. reciprocityDEF 14A0000101199-26-000020United Fire Group, Inc.'s most recent proxy was read; its disclosed peer group does not include American Coastal Insurance. Filing ↗
33Section 10a, Donegal Group reciprocityDEF 14A0001140361-26-009495Donegal Group's most recent proxy was read; its disclosed peer group does not include American Coastal Insurance. Filing ↗