Form 4: NI Holdings CEO Seth C. Daggett Reports Stock Transactions
SEC Form 4 Filing
NI Holdings CEO Seth C. Daggett reports acquisition and disposal of company stock, including shares withheld for tax obligations and vesting of restricted stock units.
Summary
- On March 3, 2025, Seth C. Daggett, CEO of NI Holdings, Inc., reported transactions involving the company's common stock.
- Daggett disposed of 2,313 shares to satisfy withholding obligations at a price of $14.24 per share.
- He also acquired 47,457 shares represented by restricted stock units with time-based vesting at $0.00.
- Following these transactions, Daggett beneficially owns 90,420 shares, including restricted stock units, and 740 shares distributed from the Company's Employee Stock Ownership Plan.
- The report was signed on March 5, 2025.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports required insider trading activity without indicating any positive or negative outlook for the company.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the CEO's stock transactions.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Restricted stock unit vesting date. |
| 03/03/2025 | Date of stock transactions (acquisition and disposal). |
| 03/05/2025 | Date of report signature. |
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