Welcome to our dedicated page for NMI Holdings SEC filings (Ticker: NMIH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
NMI Holdings, Inc. files regulatory disclosures covering the parent company of National Mortgage Insurance Corporation and its private mortgage insurance business. Recent Form 8-K reports furnish results of operations and financial condition through earnings releases, while proxy materials address governance, executive compensation and pay-versus-performance disclosures. Other current reports document board expansion, independent-director appointments, committee service, director compensation arrangements, equity awards, indemnification agreements and stock ownership guidelines.
NMI Holdings, Inc. reported that Chief Administrative Officer and General Counsel William J. Leatherberry had company shares withheld to cover taxes on vesting restricted stock units. On February 7, 2026, 4,633 common shares were withheld, and on February 8, 2026, 2,570 common shares were withheld, both at a stated price of $0 per share as they were tax withholdings rather than open-market sales.
After these transactions, he beneficially owned a total of 125,203 common share equivalents, consisting of 101,133 common shares and 24,070 unvested restricted stock units. The footnotes explain that the restricted stock units vest 40% on each of the first two anniversaries of the grant dates and 20% on the third anniversaries.
NMI Holdings, Inc. Chief Executive Officer and director Adam Pollitzer reported share-withholding transactions related to vesting restricted stock units. On February 7, 2026, NMI Holdings withheld 16,665 common shares to cover withholding taxes on RSUs granted on February 7, 2024. On February 8, 2026, it withheld an additional 9,397 common shares tied to RSUs granted on February 8, 2023.
After these transactions, Pollitzer beneficially owned 303,403 common-share equivalents, consisting of 215,048 common shares and 88,355 unvested restricted stock units, all held directly.
NMI Holdings, Inc. reported an insider equity transaction for EVP and Chief Sales Officer Fitzgerald Norman Peter. On February 7, 2026, the company withheld 2,323 common shares and on February 8, 2026 it withheld 1,317 common shares to satisfy tax withholding obligations on previously granted restricted stock units.
These shares were withheld at a reported price of $0 per share, indicating no open-market sale. After the transactions, he directly beneficially owned 33,830 common shares, consisting of 21,711 common shares and 12,119 unvested restricted stock units subject to a 40%/40%/20% vesting schedule on the first, second and third anniversaries of the respective grant dates.
NMI Holdings EVP and Chief Risk Officer Robert Owen Smith reported routine share withholding related to restricted stock unit vesting. On February 7, 2026, 3,383 common shares were withheld to cover taxes for units granted February 7, 2024. On February 8, 2026, 1,964 common shares were withheld to cover taxes for units granted February 8, 2023. After these transactions, he beneficially owned 79,219 common-share equivalents, consisting of 61,417 common shares and 17,802 unvested restricted stock units.
NMI Holdings EVP Yousaf Mohammad Nawaz reported tax‑related share withholdings tied to restricted stock unit vesting. On February 7, 2026, NMI Holdings withheld 1,969 common shares, and on February 8, 2026, it withheld another 1,072 common shares to satisfy withholding taxes on prior RSU grants.
After these transactions, Nawaz beneficially owns 30,660 common shares, consisting of 18,252 common shares and 12,408 unvested restricted stock units, all held directly. The Form 4 shows these as company share withholdings rather than open‑market sales.
NMI Holdings, Inc. reported solid fourth-quarter and full-year 2025 results, highlighted by growth in its insured portfolio and higher earnings. For the quarter ended December 31, 2025, net income was $94.2 million, or $1.20 per diluted share, versus $86.2 million, or $1.07 per diluted share, a year earlier. Full-year 2025 net income reached $388.9 million, or $4.92 per diluted share, up from $360.1 million, or $4.43 per diluted share, in 2024.
Primary insurance-in-force increased to $221.4 billion at year-end 2025 from $210.2 billion a year earlier, driven by quarterly new insurance written of $14.2 billion. Total quarterly revenue rose to $180.7 million, with net premiums earned of $152.5 million and net investment income of $27.5 million. The loss ratio rose to 13.9% and the expense ratio was 20.4%, producing a combined ratio of 34.3%.
Book value per share excluding net unrealized investment gains and losses was $34.58, up 16% from $29.80 a year earlier, and shareholders’ equity reached $2.6 billion. Annualized return on equity for the quarter was 14.8%, and full-year return on equity was 16.2%. The company reported PMIERs available assets of $3.5 billion versus net risk-based required assets of $2.1 billion, indicating a sizable capital buffer.
NMI Holdings, Inc. (NMIH) reported an insider share sale by one of its directors. On 11/19/2025, the director sold 20,000 common shares of NMI Holdings in open market transactions at a weighted average price of $36.900 per share. The filing states that the sale prices on that date ranged from $36.715 to $37.070 per share.
After this transaction, the director beneficially owns 46,046 NMI Holdings equity instruments, consisting of 41,607 common shares and 4,439 unvested restricted stock units. The reporting person has agreed to provide full breakdowns of the shares sold at each price within the disclosed range upon request by the SEC staff, the company, or any NMIH security holder.
NMI Holdings (NMIH) reported solid Q3 2025 results with total revenues of $178,679 and net income of $95,999. Net premiums earned rose to $151,323 as the insured portfolio continued to season, while net investment income increased to $26,773. Diluted EPS was $1.22.
Insurance claims and claim expenses were $18,554 for the quarter, reflecting more new delinquencies, though prior-year reserve development remained favorable year to date. Shareholders’ equity increased to $2,514,871, supported by higher retained earnings and an improvement in accumulated other comprehensive loss. Year-to-date cash from operating activities was $357,556.
The company ended the quarter with cash and cash equivalents of $130,439 and continued returning capital, using $74,510 year to date for share repurchases. Debt consisted of $425 million senior unsecured notes bearing 6.00% due 2029, with a $250 million revolving credit facility undrawn. Primary policies in-force totaled 677,010 with a 1.05% default rate. Common shares outstanding were 76,867,928 as of October 30, 2025.
NMI Holdings, Inc. (NMIH) furnished an 8-K announcing quarterly results. On November 4, 2025, the company issued a press release with its financial results for the quarter ended September 30, 2025, which is attached as Exhibit 99.1.
The company noted the information is being furnished under Item 2.02 and is not deemed filed for purposes of Section 18 of the Exchange Act or incorporated by reference unless specifically stated.
Insider sale and remaining holdings. Steven Scheid, a director of NMI Holdings, Inc. (NMIH), reported on Form 4 that he sold 19,926 common shares in open-market transactions on 09/15/2025 at a weighted average price of $39.3133 per share (trade range $39.1437 to $39.4601). After the reported sale, Mr. Scheid is shown as beneficially owning 78,960 shares indirectly through the Scheid Family Trust, of which he and his wife are co-trustees and beneficiaries. The filing also reports the disposition of 4,439 restricted stock units, noted as unvested. The Form 4 was signed by an attorney-in-fact on 09/17/2025. The document provides address details for the reporting person and confirms his status as a director.