NMI Holdings CEO exercises options for 61,125 shares
NMIH’s CEO exercised options for 61,125 shares on September 4, 2026, increasing his direct common share and restricted stock unit holdings.
Rhea-AI Filing Summary
NMI Holdings, Inc. (NMIH) reported that Chief Executive Officer and director Adam Pollitzer exercised previously granted stock options on September 4, 2026, acquiring a total of 61,125 common shares and disposing of an equivalent number of option rights.
The exercised options covered 16,264 shares at $18.70 per share expiring February 7, 2028, 19,435 shares at $16.00 per share expiring March 15, 2028, and 25,426 shares at $22.19 per share expiring February 13, 2029. After these transactions, Adam Pollitzer held 208,338 common shares and 123,054 unvested restricted stock units. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
61,125 shares exercised/converted
Exercise
6 txns
Insider
Pollitzer Adam
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F2 | 16,264 | $0.00 | $0.00 |
| Exercise | Stock Option (right to buy) F3 | 19,435 | $0.00 | $0.00 |
| Exercise | Stock Option (right to buy) F4 | 25,426 | $0.00 | $0.00 |
| Exercise | Common Shares, $0.01 par value per share | 16,264 | $18.70 | $304K |
| Exercise | Common Shares, $0.01 par value per share | 19,435 | $16.00 | $311K |
| Exercise | Common Shares, $0.01 par value per share F1 | 25,426 | $22.19 | $564K |
Holdings After Transaction:
Stock Option (right to buy) — 0 contracts (Direct);
Common Shares, $0.01 par value per share — 331,392 shares (Direct)
Footnotes (4)
- F1. Represents 208,338 common shares and 123,054 unvested restricted stock units.
- F2. The option vested in full on February 7, 2021.
- F3. The option vested in full on March 15, 2021.
- F4. The option vested in full on February 13, 2022.
Key Figures
Total shares acquired via option exercise: 61,125 shares
Option exercise block 1: 16,264 shares at $18.70 per share
Option exercise block 2: 19,435 shares at $16.00 per share
+4 more
7 metrics
Total shares acquired via option exercise
61,125 shares
Common shares acquired by CEO Adam Pollitzer on September 4, 2026 through option exercises
Option exercise block 1
16,264 shares at $18.70 per share
Options expiring February 7, 2028, fully vested February 7, 2021
Option exercise block 2
19,435 shares at $16.00 per share
Options expiring March 15, 2028, fully vested March 15, 2021
Option exercise block 3
25,426 shares at $22.19 per share
Options expiring February 13, 2029, fully vested February 13, 2022
Common shares held after transactions
208,338 shares
Direct common share holdings of Adam Pollitzer after September 4, 2026 transactions
Unvested restricted stock units held
123,054 units
Unvested restricted stock units held by Adam Pollitzer after the reported transactions
Total options exercised (all blocks)
61,125 options
Sum of three option exercises on September 4, 2026 as stated in the filing summary
Key Terms
restricted stock units, vested in full, derivative security
3 terms
restricted stock units financial
"Represents 208,338 common shares and 123,054 unvested restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vested in full financial
"The option vested in full on February 7, 2021."
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did NMIH’s CEO Adam Pollitzer report in this Form 4?
Adam Pollitzer reported exercising stock options on September 4, 2026 to acquire 61,125 common shares of NMI Holdings, Inc., simultaneously giving up an equivalent number of option rights tied to those shares.
What were the exercise prices of the NMIH options exercised by the CEO?
The options exercised by Adam Pollitzer covered 16,264 shares at $18.70 per share, 19,435 shares at $16.00 per share, and 25,426 shares at $22.19 per share, all exercised on September 4, 2026.
What is Adam Pollitzer’s reported NMIH ownership after these transactions?
After the reported transactions, Adam Pollitzer held 208,338 common shares of NMI Holdings, Inc. and 123,054 unvested restricted stock units, as disclosed in the footnotes.
Were the NMIH option exercises made under a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported for these option exercise transactions by Adam Pollitzer.
When were the NMIH options exercised by the CEO originally vested?
The options exercised by Adam Pollitzer had fully vested on February 7, 2021, March 15, 2021, and February 13, 2022, according to the transaction footnotes.
What are the expiration dates of the NMIH options the CEO exercised?
The exercised options were scheduled to expire on February 7, 2028, March 15, 2028, and February 13, 2029 before being exercised on September 4, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
