Form 4: NMI Holdings Director Michael Embler Reports Stock Unit Grant and Holdings

Sentiment:

SEC Form 4 Filing


Director Michael Embler reports the acquisition of restricted stock units and current holdings in NMI Holdings, Inc.

Summary

  • Michael Embler, a director of NMI Holdings, Inc., filed a Form 4 disclosing changes in beneficial ownership.
  • On May 8, 2025, Embler acquired 4,439 restricted stock units (RSUs) under the NMIH Amended and Restated 2014 Omnibus Incentive Plan, vesting on the first anniversary of the grant date.
  • Following the reported transaction, Embler beneficially owns 66,046 shares, including 57,441 common shares and 8,605 unvested restricted stock units.
  • Embler has also granted power of attorney to Joy M. Benner, Augustin Joo, Lawrence S. Hing, and Brad D. Burton to execute Forms 3, 4, 5, and 10 on his behalf.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

  • The grant of restricted stock units aligns the director's interests with those of the shareholders.
  • The power of attorney ensures compliance with SEC regulations.

Future Outlook

The document does not contain specific forward-looking statements regarding the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the holdings of a director, which is common and expected.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the holdings of a company director.

Key Dates

DateDescription
2024-09-12Date of execution of the Power of Attorney.
2025-05-08Date of transaction: Acquisition of restricted stock units.
2025-05-09Date of signature for the Form 4 filing.

Keywords

Form 4, NMI Holdings, Director, Michael Embler, Restricted Stock Units, Beneficial Ownership, Power of Attorney, NMIH

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