Form 4: NMI Holdings Director Receives Equity Grant

Director Lynn S. McCreary was granted 4,512 restricted stock units as part of the NMI Holdings, Inc. 2014 Omnibus Incentive Plan.

Summary

• Director Lynn S. McCreary received a grant of 4,512 restricted stock units (RSUs) on May 14, 2026.
• The grant was issued under the NMIH Amended and Restated 2014 Omnibus Incentive Plan.
• The RSUs are scheduled to vest on the first anniversary of the grant date.
• Following this transaction, the director's total beneficial ownership is 48,757 shares, consisting of 44,245 common shares and 4,512 unvested RSUs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries a neutral sentiment.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• Standard market risks associated with equity ownership in NMI Holdings, Inc.

Future Outlook

The RSUs are subject to a one-year vesting period, aligning the director's tenure with long-term company performance.

Industry Context

StockSavvy.ai notes that equity grants to non-executive directors are standard corporate governance practice in the financial services and mortgage insurance sectors to ensure long-term alignment with shareholder value.

Comparison to Industry Standards

• The use of an Omnibus Incentive Plan for director compensation is consistent with standard practices for publicly traded financial institutions.
• Vesting schedules of one year for director equity grants are common among mid-cap financial services firms.

Corporate Governance

Stakeholder Impact

• Minimal impact on shareholders; reflects standard director compensation practices.

Next Steps

• Vesting of the 4,512 restricted stock units on May 14, 2027.

Key Dates

Keywords

NMI Holdings, NMIH, Director Compensation, Equity Grant, Form 4, Insider Transaction