NMI Holdings director granted 4,512 RSUs

Montgomery Michael Curry reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Montgomery Michael Curry reported acquisition or exercise transactions in this Form 4 filing.

NMI Holdings, Inc. director Michael Curry received a grant of 4,512 restricted stock units as equity compensation. These units were granted under the NMIH Amended and Restated 2014 Omnibus Incentive Plan and will vest on the first anniversary of the grant date.

After this grant, Curry holds 70,580 equity-based interests, consisting of 66,068 common shares and 4,512 unvested restricted stock units, all reported as directly owned.

Insider Trade Summary

Grant/Award: 4,512 shares

Grant/Award 1 txn

Insider Montgomery Michael Curry

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit (right to receive)	4,512	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit (right to receive) — 70,580 shares (Direct)

Footnotes (2)

1. F1. Represents restricted stock units granted pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan. The restricted stock units vest on the first anniversary of the grant date.
2. F2. Represents 66,068 common shares and 4,512 unvested restricted stock units.

Key Figures

RSU grant size: 4,512 restricted stock units Grant price per unit: $0.00 per unit Total holdings after grant: 70,580 equity interests +2 more

5 metrics

RSU grant size 4,512 restricted stock units Grant to director Michael Curry on May 14, 2026

Grant price per unit $0.00 per unit Compensatory award, not a market purchase

Total holdings after grant 70,580 equity interests Shares and unvested RSUs following the transaction

Common shares held 66,068 common shares Direct holdings as described in footnote F2

Unvested RSUs held 4,512 restricted stock units Unvested units from the May 14, 2026 grant

Key Terms

Restricted Stock Unit, Amended and Restated 2014 Omnibus Incentive Plan, vest

3 terms

Restricted Stock Unit financial

"Represents restricted stock units granted pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan."

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

Amended and Restated 2014 Omnibus Incentive Plan financial

"Restricted stock units granted pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan."

vest financial

"The restricted stock units vest on the first anniversary of the grant date."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did NMI Holdings (NMIH) report for Michael Curry?

NMI Holdings reported that director Michael Curry received 4,512 restricted stock units as an equity grant. The award carries no purchase price and was issued under the company’s Amended and Restated 2014 Omnibus Incentive Plan as part of his compensation.

When do Michael Curry’s new NMIH restricted stock units vest?

The 4,512 restricted stock units granted to Michael Curry vest on the first anniversary of the grant date. This means the units convert into common shares after one year of continuous service from the grant date, assuming plan conditions are met.

How many NMI Holdings (NMIH) shares and units does Michael Curry now hold?

Following this grant, Michael Curry holds 70,580 equity interests in NMI Holdings. This total includes 66,068 common shares and 4,512 unvested restricted stock units, all reported as directly owned in the Form 4 filing’s footnotes.

Is Michael Curry’s Form 4 transaction in NMIH a market purchase or sale?

The transaction is not a market trade; it is a compensatory grant. The Form 4 shows an “A” code, indicating an award or other acquisition of 4,512 restricted stock units at a price of $0.00 per unit under the company’s incentive plan.

What plan governs the restricted stock unit grant to NMIH director Michael Curry?

The restricted stock units were granted under the NMIH Amended and Restated 2014 Omnibus Incentive Plan. This plan authorizes stock-based awards, such as restricted stock units, to directors and other participants as part of the company’s long-term incentive compensation program.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/18/2026 - 07:42 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Montgomery Michael Curry

(Last) (First) (Middle)

C/O NMI HOLDINGS, INC.

2100 POWELL STREET, 12TH FL.

(Street)

EMERYVILLE CALIFORNIA 94608

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NMI Holdings, Inc. [ NMIH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Restricted Stock Unit (right to receive)	05/14/2026		A		4,512(1)	A	$0	70,580(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units granted pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan. The restricted stock units vest on the first anniversary of the grant date.

2. Represents 66,068 common shares and 4,512 unvested restricted stock units.

Remarks:

	/s/ Augustin Joo, as Attorney-in-Fact	05/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)