CEO Total Pay
$3.0M
FY2021 Summary Compensation
Open-data reference.
Heritage Insurance Holdings, Inc., a insurance carriers company, reported a CEO-to-worker pay ratio of 39:1 in FY2021. CEO received total compensation of $3.0M, while the median employee earned $76,677 annually. This is below the Insurance Carriers industry median of 70:1 across 61 companies. Data sourced from SEC EDGAR proxy (DEF 14A) filings.
Detailed breakdown not available.
| Component | Amount (USD) |
|---|---|
| Base Salary | — |
| Bonus | — |
| Stock Awards | — |
| Option Awards | — |
| Non-Equity Incentive Plan | — |
| Pension Value Change | — |
| Other Compensation | — |
| Total Compensation | $3.0M |
Source: SEC EDGAR Form DEF 14A — CIK 1598665, FY2021 Summary Compensation Table.
Heritage Insurance Holdings, Inc.'s CEO-to-worker pay ratio of 39:1 means that earned 39 times more than the company's median employee in FY2021.
The median employee at Heritage Insurance Holdings, Inc. earned $76,677 annually. At that wage, it would take a median employee approximately 39 years to earn what the CEO earned in a single year.
CEO Total Pay
$3.0M
FY2021 Summary Compensation
Pay Ratio
39:1
Below typical industry median
Disclosure Transparency
1.0/5
Limited pay component reporting
Under 17 CFR §229.402(v) (the Pay-Versus-Performance rule effective for fiscal years ending after December 16, 2022), issuers must reconcile Compensation Actually Paid (CAP) to Total Shareholder Return (TSR) over a multi-year window. The chart below visualizes the relationship between Heritage Insurance Holdings, Inc.'s reported CAP and TSR for FY2021.
ISS QualityScore and Glass-Lewis voting guidelines weight performance-linked share of pay. The CII (Council of Institutional Investors) recommends ≥50% of CEO pay be tied to multi-year performance metrics.
According to the 2021 DEF 14A proxy statement filed with the SEC, Heritage Insurance Holdings, Inc. (HRTG, CIK 1598665) reported CEO 's total compensation at $3.0M. That figure is an aggregate of base salary (N/A). The median employee at the firm — the reference point mandated by Section 953(b) of the Dodd-Frank Act — earned $76,677 over the same fiscal year, producing the headline CEO-to-worker pay ratio of 39:1 that this page tracks.
Context matters when reading this ratio. Heritage Insurance Holdings, Inc. operates in the Insurance Carriers sector and is headquartered in DE. Across the Insurance Carriers industry (SIC 63), 61 SEC-reporting companies disclosed pay ratios in FY2023, with a median of 70:1 and an average of 98:1. Median industry CEO pay was $7.3M, so Heritage Insurance Holdings, Inc.'s $3.0M sits at or below that typical figure. That comparison is the fastest way to separate "the CEO is paid like peers" from "this company is an outlier."
Finally, a note on what these SEC numbers do and do not include. Total compensation reported under Item 402 of Regulation S-K reflects grant-date fair value for equity awards, not realized pay, so a CEO may eventually cash in more — or less — depending on stock performance and vesting. The pay ratio itself is calculated against a single median employee chosen under rules that allow statistical sampling, and companies may update methodology year to year. This proxy was filed on 2022-04-29; all figures on this page come directly from that public filing and can be verified against the DEF 14A on the SEC EDGAR system.
Read our methodology — how this data is sourced, computed, and verified.