Form 4: NMI Holdings CEO Adam Pollitzer Reports Stock Transactions Following RSU Vesting

Sentiment:

SEC Form 4 Filing


Adam Pollitzer, CEO of NMI Holdings, reports the withholding of shares to cover tax obligations related to the vesting of restricted stock units (RSUs).

Summary

  • Adam Pollitzer, the CEO of NMI Holdings, filed a Form 4 detailing changes in his beneficial ownership of NMIH stock.
  • The transactions involved the withholding of shares by NMIH to cover tax obligations associated with the vesting of restricted stock units (RSUs).
  • These RSUs were granted on February 7, 2024, February 8, 2023, and February 9, 2022, and vest over three years.
  • A total of 41,289 shares were withheld to satisfy these tax obligations on February 7 and 8, 2025.
  • Following these transactions, Pollitzer directly owns 257,367 common shares, including 67,235 unvested restricted stock units.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing detailing stock transactions related to executive compensation. It doesn't indicate any significant positive or negative developments for the company.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • The transactions have a minimal impact on shareholders, as they relate to executive compensation and tax obligations.

Key Dates

DateDescription
2022-02-09Date of grant for certain restricted stock units.
2023-02-08Date of grant for certain restricted stock units.
2024-02-07Date of grant for certain restricted stock units.
2024-09-11Date of execution of Power of Attorney.
2025-02-07Date of transaction involving share withholding for tax obligations.
2025-02-08Date of transaction involving share withholding for tax obligations.
2025-02-11Date of signature for the Form 4 filing.

Keywords

Form 4, NMI Holdings, Adam Pollitzer, RSU, Stock, Beneficial Ownership, Vesting, Tax Withholding

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