[Form 4] NMI Holdings, Inc. Insider Trading Activity
Rhea-AI Filing Summary
NMI Holdings, Inc. reported equity compensation activity for Chief Administrative Officer and General Counsel William J. Leatherberry. On February 11, 2026, he acquired 18,233 restricted stock units under the NMIH Amended and Restated 2014 Omnibus Incentive Plan, which vest 40% on each of the first two anniversaries of the grant date and 20% on the third.
Performance-based restricted stock units granted on February 8, 2023 vested after performance criteria were certified, resulting in 50,496 common shares being issued on February 11, 2026. To cover tax withholding related to these and other vesting RSUs, 25,693 shares were withheld on February 11, 2026 and 4,005 shares on February 12, 2026 through tax-withholding dispositions. After these transactions, he directly held 164,234 common shares and 34,433 unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares, $0.01 par value per share | 4,005 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit (right to receive) | 18,233 | $0.00 | -- |
| Grant/Award | Common Shares, $0.01 par value per share | 50,496 | $0.00 | -- |
| Tax Withholding | Common Shares, $0.01 par value per share | 25,693 | $0.00 | -- |
Footnotes (1)
- Represents restricted stock units granted pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan on February 11, 2026. The restricted stock units vest 40% on each of the first and second anniversaries of the grant date and 20% on the third anniversary of the grant date. On February 8, 2023, the reporting person was granted performance-based restricted stock units (PRSUs) pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan. Each PRSU represents a contingent right to receive shares of NMIH's common shares upon settlement. The PRSUs vest at the end of the three-year period following the grant on the date that the Compensation Committee of the Board of Directors certifies attainment, based on NMIH's satisfaction of certain performance criteria. The performance criteria were met on February 11, 2026, resulting in the issuance of 50,496 vested PRSUs. Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of the PRSUs granted to the reporting person on February 8, 2023 at a net settlement price equal to the closing stock price on February 11, 2026. Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on February 12, 2025 at a net settlement price equal to the closing stock price on February 12, 2026. The shares underlying these restricted stock units vest 40% on each of the first and second anniversaries of the grant date and 20% on the third anniversary of the grant date. Represents 129,801 common shares and 34,433 unvested restricted stock units.