Form 4: NMI Holdings Director James G. Jones Sells 3,400 Shares

Director James G. Jones of NMI Holdings, Inc. sold 3,400 shares of Class A Common Stock at $30.10 per share on March 4, 2024.

Summary

• On March 4, 2024, James G. Jones, a director of NMI Holdings, Inc., sold 3,400 shares of Class A Common Stock.
• The sale was executed on the open market at a price of $30.10 per share.
• Following the transaction, Jones directly owns 54,241 shares, including 48,394 Class A common shares and 5,847 unvested restricted stock units.
• Jones also indirectly owns 57,000 shares through the James G. Jones and Maria F. Jones Revocable Trust.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.

Industry Context

This is a routine disclosure of insider trading activity. It's common for directors and officers to buy and sell shares of their company's stock. The reasons for these transactions are varied and may not necessarily reflect the insider's view of the company's prospects.

Stakeholder Impact

• The sale of shares by a director could have a minor negative impact on shareholder sentiment, but the effect is likely to be minimal given the relatively small number of shares involved.

Key Dates