Form 4: NMI Holdings CFO Executes Tax Withholding Transaction
Statement of Changes in Beneficial Ownership
NMI Holdings CFO Aurora Swithenbank reported the withholding of 2,922 common shares to satisfy tax obligations related to restricted stock unit vesting.
Summary
- Aurora Swithenbank, EVP and Chief Financial Officer of NMI Holdings, Inc. (NMIH), completed a transaction on May 8, 2026.
- The transaction involved the withholding of 2,922 common shares by the company to cover tax liabilities associated with the vesting of restricted stock units (RSUs).
- Following this transaction, the reporting person maintains beneficial ownership of 62,396 common shares, which includes 26,267 vested common shares and 36,129 unvested RSUs.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine administrative tax withholding transaction rather than a market-driven trade.
Positives
- The transaction is a routine administrative action related to tax withholding upon the vesting of equity compensation, indicating standard executive compensation plan execution.
Negatives
- None identified; this is a standard regulatory disclosure for tax-related share withholding.
Risks
- None identified; the filing pertains to mandatory tax withholding rather than a discretionary sale of securities.
Future Outlook
The filing does not provide forward-looking guidance regarding company performance, focusing solely on executive equity holdings.
Industry Context
StockSavvy.ai notes that this filing is a standard regulatory requirement for executives in the financial services sector and does not signal a change in corporate strategy or market outlook.
Comparison to Industry Standards
- The transaction follows standard industry practices for net-settlement of equity awards, consistent with executive compensation structures at peer financial institutions.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a standard tax-related equity settlement.
Next Steps
- No further actions required by the reporting person regarding this specific transaction.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Original grant date of the restricted stock units. |
| 05/08/2026 | Transaction date for the vesting and tax withholding of shares. |
| 05/11/2026 | Date of filing for the Form 4 statement. |
Keywords
NMI Holdings, NMIH, Form 4, Insider Trading, Tax Withholding, Equity Compensation, CFO
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