Business Context and Reporting Period
This Form 8-K reports the results of the 2026 Annual Meeting of Stockholders for American Coastal Insurance Corp, held on May 29, 2026. The company is incorporated in Delaware and its common stock trades on The Nasdaq Stock Market LLC under the symbol ACIC.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance matters and stockholder voting results.
Material Changes and Voting Results
As of the record date (March 27, 2026), there were 48,342,811 shares issued and outstanding. A total of 42,734,499 shares were present or represented by proxy at the meeting. Two proposals were voted upon:
- Proposal One (Election of Class B Directors): Stockholders elected five individuals to serve two-year terms until the 2028 annual meeting.
- Alec L. Poitevint, II: 34,034,347 For; 277,147 Against; 36,474 Abstained.
- Kern M. Davis, M.D.: 32,529,935 For; 1,781,370 Against; 36,663 Abstained.
- William H. Hood, III: 34,098,402 For; 211,900 Against; 37,666 Abstained.
- Patrick F. Maroney: 34,144,228 For; 167,267 Against; 36,473 Abstained.
- Deirdre A. Brown: 34,019,881 For; 318,214 Against; 9,873 Abstained.
There were 8,386,531 broker non-votes recorded for this proposal.
- Proposal Two (Ratification of Auditors): Stockholders ratified the appointment of Deloitte & Touche, LLP as the independent registered public accounting firm for the fiscal year ended December 31, 2026.
- Results: 42,667,555 For; 22,174 Against; 44,770 Abstained.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the tenure and qualifications of the newly elected Class B directors (Poitevint, Davis, Hood, Maroney, Brown).
- Confirm the engagement of Deloitte & Touche, LLP for the 2026 fiscal year audit.
- Review the significant number of broker non-votes (8,386,531) regarding the director elections to understand potential proxy voting dynamics.
- Check subsequent filings (e.g., 10-K or 10-Q) for the financial metrics absent in this 8-K.