Form 4: NI Holdings CFO Sells Shares for Tax Obligations

NI Holdings, Inc. Chief Financial Officer Matthew James Maki disposed of 119 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Matthew James Maki, Chief Financial Officer of NI Holdings, Inc. (NODK), reported a transaction on February 3, 2026.
• The transaction involved the disposition of 119 shares of common stock.
• These shares were withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.
• The shares were disposed of at a price of $13.57 per share.
• Following this transaction, Matthew James Maki beneficially owns 43,082 shares of NI Holdings, Inc. common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, typical for insider compensation and tax planning, with no direct positive or negative implications for the company's operational performance or future outlook.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to tax withholding upon RSU vesting, are common and generally do not reflect a change in management's outlook on the company's prospects. Such transactions are often pre-scheduled under Rule 10b5-1 plans.

Stakeholder Impact

• Shareholders: A minor, routine disposition of shares by a key executive, unlikely to have a material impact on shareholder sentiment or share price.

Key Dates

Keywords

NI Holdings, NODK, Form 4, Insider Transaction, CFO, Restricted Stock Units, Share Disposition, Tax Withholding