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

Director James G. Jones of NMI Holdings, Inc. reports selling 54,900 shares of Class A Common Stock at an average price of $30.1586 on February 29, 2024.

Summary

• On February 29, 2024, James G. Jones, a director of NMI Holdings, Inc., sold 54,900 shares of Class A Common Stock.
• The sale was executed on the open market at an average price of $30.1586 per share.
• Following the transaction, Jones directly owns 57,641 shares, including 51,794 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 standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This is a routine disclosure of a transaction by a company insider. It's common for directors and officers to buy and sell shares of their company's stock. The reasons for the sale are not disclosed in this filing.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on other stakeholders.

Key Dates