Form 4: NMI Holdings Director James G. Jones Sells Shares on the Open Market

Director James G. Jones sold 48,294 shares of NMI Holdings (NMIH) at an average price of $30.4571 on March 11, 2024.

Summary

• On March 11, 2024, James G. Jones, a director of NMI Holdings, Inc. (NMIH), sold 48,294 shares of Class A Common Stock at an average price of $30.4571 per share.
• The sale occurred in a series of open market transactions with prices ranging from $30.36 to $30.66.
• Following the transaction, Jones directly owns 5,847 shares, which includes unvested restricted stock units and corrects a previous overreporting.
• Jones also indirectly owns 57,000 shares through the James G. Jones and Maria F. Jones Revocable Trust.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock sales by a company director. The sale itself doesn't necessarily indicate a positive or negative outlook.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company insiders.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, although it is a relatively small percentage of the outstanding shares.
• The disclosure provides transparency to all stakeholders regarding insider transactions.

Key Dates