Ategrity Specialty Insurance Co Holdings — Form 8-K
Filed September 4, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 28/100
What the filing says
Ategrity amended Chris Schenk's employment agreement effective September 8, 2026, establishing him as President and Chief Underwriting Officer through December 31, 2028 (auto-renewing). Compensation: $750,000 annual base salary, $1,250,000 target bonus, $4,500/month housing allowance, plus 125,658 non-qualified stock options (62,829 shares at 5-year and delayed 5-year vesting, exercise price ≥$25 or FMV). Severance: 12 months base + prorated bonus if terminated without cause. Non-compete (12 months post-termination) and non-solicitation (18 months) covenants included.
Why this rating
Standard C-suite renewal with market compensation. Aggregate comp ~$2M annually (~1% of $200M market cap). Equity grants modest relative to company size. No material change to business operations or structure.
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