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Director Steven Scheid of NMI Holdings (NMIH) granted 4,512 RSUs in equity award

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SCHEID STEVEN reported acquisition or exercise transactions in this Form 4 filing.

NMI Holdings director Steven Scheid reported a grant of 4,512 restricted stock units on May 14, 2026 under the NMIH Amended and Restated 2014 Omnibus Incentive Plan. These units vest on the first anniversary of the grant date.

After the award, he holds 8,951 restricted stock units and 4,439 common shares directly, plus 74,794 common shares held indirectly through the Scheid Family Trust, where he and his wife are co-trustees and beneficiaries. This filing reflects routine equity-based compensation rather than open-market trading.

Positive

  • None.

Negative

  • None.
Insider SCHEID STEVEN
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Unit (right to receive) 4,512 $0.00 --
holding Common Shares, $0.01 par value per share -- -- --
Holdings After Transaction: Restricted Stock Unit (right to receive) — 8,951 shares (Direct, null); Common Shares, $0.01 par value per share — 74,794 shares (Indirect, By Scheid Family Trust, of which Mr. Scheid and his wife are co-trustees and beneficiaries)
Footnotes (1)
  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. Represents 4,439 common shares and 4,512 unvested restricted stock units.
RSUs granted 4,512 restricted stock units Grant to director on May 14, 2026
Direct RSU holdings after grant 8,951 restricted stock units Total RSUs held directly following transaction
Direct common shares 4,439 shares Common shares held directly after grant (per footnote)
Indirect trust holdings 74,794 shares Common shares held by Scheid Family Trust
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
"Represents restricted stock units granted pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan."
Scheid Family Trust financial
"By Scheid Family Trust, of which Mr. Scheid and his wife are co-trustees and beneficiaries"
indirect ownership financial
"ownership_type: indirect, nature_of_ownership: By Scheid Family Trust"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
SCHEID STEVEN
(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Restricted Stock Unit (right to receive)05/14/2026A4,512(1)A$08,951(2)D
Common Shares, $0.01 par value per share74,794IBy Scheid Family Trust, of which Mr. Scheid and his wife are co-trustees and beneficiaries
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 4,439 common shares and 4,512 unvested restricted stock units.
Remarks:
/s/ Augustin Joo, as Attorney-in-Fact05/18/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did NMI Holdings (NMIH) disclose for Steven Scheid?

NMI Holdings disclosed that director Steven Scheid received a grant of 4,512 restricted stock units on May 14, 2026. The award is part of his equity compensation and does not involve any open-market share purchases or sales.

When do Steven Scheid’s new restricted stock units at NMI Holdings (NMIH) vest?

The 4,512 restricted stock units granted to Steven Scheid vest on the first anniversary of the May 14, 2026 grant date. Vesting means he will receive the underlying common shares if the service-based conditions are satisfied.

How many NMI Holdings (NMIH) shares and units does Steven Scheid hold after this Form 4?

Following the reported transactions, Steven Scheid holds 4,439 common shares and 8,951 restricted stock units directly. In addition, 74,794 common shares are held indirectly through the Scheid Family Trust for which he and his wife serve as co-trustees.

Was there any open-market buying or selling by Steven Scheid in this NMI Holdings (NMIH) Form 4?

No open-market trades were reported. The filing shows a grant of 4,512 restricted stock units as compensation and an updated indirect holding of 74,794 common shares in the Scheid Family Trust, without any recorded purchases or sales.

What plan governs the restricted stock unit grant to Steven Scheid at NMI Holdings (NMIH)?

The restricted stock units were granted under the NMIH Amended and Restated 2014 Omnibus Incentive Plan. This plan provides equity-based awards to directors and employees, aligning their interests with shareholders through stock-linked compensation.