Form 4: Director Steven Scheid Receives NMIH Equity Grant

NMI Holdings, Inc. director Steven Scheid was granted 4,512 restricted stock units as part of the company's incentive plan.

Summary

• Director Steven Scheid acquired 4,512 restricted stock units (RSUs) on May 14, 2026.
• The RSUs were granted under the NMIH Amended and Restated 2014 Omnibus Incentive Plan.
• The units are scheduled to vest on the first anniversary of the grant date, May 14, 2027.
• Following this transaction, Mr. Scheid holds 8,951 total securities directly and 74,794 shares indirectly through the Scheid Family Trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.

Positives

• Alignment of director interests with shareholders through equity-based compensation.
• Continued long-term commitment from a member of the board of directors.

Negatives

• None identified in this filing.

Risks

• Vesting of equity is subject to the terms of the 2014 Omnibus Incentive Plan.

Future Outlook

The restricted stock units are set to vest on May 14, 2027, subject to the terms of the incentive plan.

Industry Context

StockSavvy.ai notes that equity grants to non-executive directors are standard corporate governance practice in the financial services sector to ensure board alignment with long-term shareholder value.

Comparison to Industry Standards

• The use of restricted stock units for director compensation is consistent with standard practices for mid-cap financial services companies.
• The one-year vesting schedule is a common retention and alignment mechanism used by publicly traded firms.

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, Equity Grant