Form 4: Director Michael Embler Receives NMIH Equity Grant

Director Michael J. Embler was granted 4,512 restricted stock units by NMI Holdings, Inc. as part of the company's incentive plan.

Summary

• Director Michael J. Embler acquired 4,512 restricted stock units (RSUs) on May 14, 2026.
• The grant was issued under the NMIH Amended and Restated 2014 Omnibus Incentive Plan.
• Following this transaction, the director holds a total of 50,558 securities, consisting of 46,046 common shares and 4,512 unvested RSUs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation with no material impact on company operations or financial health.

Positives

• The grant aligns the director's interests with those of shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• The value of the granted RSUs is subject to future fluctuations in NMIH common stock price.

Future Outlook

The restricted stock units are scheduled to vest on the first anniversary of the grant date, May 14, 2027.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practices designed to ensure long-term alignment between board members and shareholders in the financial services and mortgage insurance sectors.

Comparison to Industry Standards

• The use of an Omnibus Incentive Plan for director compensation is consistent with standard practices for publicly traded companies in the U.S. financial sector.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation grant.

Next Steps

• Vesting of the 4,512 restricted stock units on May 14, 2027.

Key Dates

Keywords

NMI Holdings, NMIH, Form 4, Insider Trading, Director Compensation, Restricted Stock Units