HCI Group, Inc. (HCI) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 07, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 27.8% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
13M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

HCI currently has 12.9M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 27.8% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 07, 2026

10-Q filing | 12.9M shares outstanding

13M 0
Nov 07, 2025

10-Q filing | 12.9M shares outstanding

13M 0
Jul 24, 2025

8-K filing: On July 21, 2025, HCI Group established a compensation plan for non-employee directors, providing them with $100,000 in cash and 750 restricted common shares annually.

12M 0
May 09, 2025

10-Q filing | 11.5M shares outstanding

12M 0
Feb 28, 2025

10-K filing | 10.0M shares outstanding

10M 0
Nov 08, 2024

10-Q filing | 10.5M shares outstanding

11M 0
Aug 09, 2024

10-Q filing | 10.5M shares outstanding

10M 0
Jun 17, 2024

8-K filing: The company established a compensation plan for non-employee directors, where each director receives $100,000 in cash and 750 restricted common shares annually. The shares were issued effective June 12, 2024, and are subject to transfer restrictions until May 22, 2025.

10M 0
May 09, 2024

10-Q filing | 10.5M shares outstanding

10M 0
Apr 23, 2024

8-K filing: On April 17, 2024, HCI executed an Executive Employment Agreement with Paresh Patel, the chief executive officer, awarding him 200,000 restricted shares of HCI common stock.

8.3M 0
Mar 08, 2024

10-K filing | 10.0M shares outstanding

10M 0
Mar 08, 2024

POS AM filing: HCI Group, Inc. is filing this Post-Effective Amendment No. 1 to terminate the effectiveness of the Registration Statement No. 333-274424 and removes from registration any and all Registered Securities registered but unsold or otherwise unissued under the Registration Statements as of the date hereof.

8.3M 0
Jan 26, 2024

8-K filing: HCI Group extended a stock purchase warrant held by Centerbridge Partners L.P. to purchase up to 750,000 shares of HCI common stock, redeemed all outstanding preferred shares of TypTap Insurance Group held by Centerbridge for approximately $102.9 million, and filed a shelf registration statement on Form S-3, including an at-the-market facility to raise up to $75 million through the issuance of new shares of common stock.

8.3M 0
Nov 08, 2023

10-Q filing | 8.3M shares outstanding

8.3M 0
Sep 08, 2023

S-3 filing: The company is filing an S-3 to register the offering of common stock, preferred stock, debt securities, stock purchase contracts and stock purchase units, up to an aggregate offering price of $150,000,000.

8.3M 0
Aug 09, 2023

10-Q filing | 8.3M shares outstanding

8.3M 0
Jul 07, 2023

8-K filing: TypTap Insurance Group, Inc., a subsidiary of HCI Group, Inc., amended its Articles of Incorporation to authorize additional shares of nonvoting Series A-2 Preferred Stock and non-voting Common Stock to enable the exchange of Series A-1 Preferred Stock for Series A-2 Preferred Stock by CB Snowbird Holdings, L.P.

8.3M 0
Jun 14, 2023

8-K filing: The company's compensation committee established a compensation plan for non-employee directors, awarding each director $100,000 in cash and 500 restricted common shares annually.

8.3M 0
May 10, 2023

10-Q filing | 8.3M shares outstanding

8.3M 0
Mar 10, 2023

10-K filing | 8.8M shares outstanding

8.8M 0
Nov 09, 2022

10-Q filing | 8.4M shares outstanding

8.4M 0
Aug 09, 2022

10-Q filing | 9.0M shares outstanding

9M 0
May 27, 2022

8-K filing: HCI Group, Inc. issued and sold an additional $22.5 million aggregate principal amount of 4.75% convertible senior notes due 2042 in a private placement, with a maximum of 349,215 shares of common stock issuable upon conversion.

10M 0
May 06, 2022

10-Q filing | 10.1M shares outstanding

10M 0
Mar 30, 2022

8-K filing: The company established a compensation plan for non-employee directors, where each director will receive $100,000 in cash and 500 shares of restricted common stock annually, effective June 2, 2022.

10M 0
Mar 10, 2022

10-K filing | 10.3M shares outstanding

10M 0
Nov 09, 2021

10-Q filing | 10.3M shares outstanding

10M 0
Oct 07, 2021

8-K filing: TypTap awarded Mr. Patel an option to purchase 5,000,000 shares of TypTap common stock at an exercise price of $23 per share, and his annual salary was set at $950,000 effective October 1, 2021.

7.9M 0
Aug 27, 2021

8-K filing: The company entered into an exchange agreement with a holder of its 4.25% Convertible Senior Notes due 2037 to exchange all $46.99 million principal amount of Notes for common shares at a rate of 15.7626 shares per $1,000 of principal, plus additional shares based on the volume-weighted average price, with an anticipated closing date of September 3, 2021.

7.9M 0
Aug 06, 2021

10-Q filing | 7.9M shares outstanding

7.9M 0
May 07, 2021

10-Q filing | 8.5M shares outstanding

8.5M 0
Mar 12, 2021

10-K filing | 8.6M shares outstanding

8.6M 0
Nov 06, 2020

10-Q filing | 7.4M shares outstanding

7.4M 22K
Aug 07, 2020

10-Q filing | 7.3M shares outstanding

7.3M 54K
Jun 12, 2020

S-3/A filing: HCI Group, Inc. is filing a registration statement on Form S-3 relating to the potential issuance and sale of up to $150,000,000 in aggregate amount of common stock, preferred stock, debt securities, warrants, stock purchase contracts and stock purchase units.

7.4M 0
May 15, 2020

S-3 filing: HCI Group, Inc. may offer and sell securities including common stock, preferred stock, debt securities, warrants, and stock purchase contracts and units, in one or more offerings up to an aggregate offering price of $150,000,000.

7.4M 0
May 08, 2020

10-Q filing | 7.4M shares outstanding

7.4M 0
Mar 06, 2020

10-K filing | 7.6M shares outstanding

7.6M 0
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