Form 4: NMI Holdings EVP Aurora Swithenbank Reports Changes in Beneficial Ownership

Aurora Swithenbank, EVP and Chief Financial Officer of NMI Holdings, reports the acquisition of restricted stock units.

Summary

• Aurora Swithenbank, EVP and Chief Financial Officer of NMI Holdings, Inc., filed a Form 4 on February 14, 2025, reporting changes in beneficial ownership of the company's securities.
• The report details the acquisition of 15,827 restricted stock units on February 12, 2025, granted under the NMIH Amended and Restated 2014 Omnibus Incentive Plan.
• These restricted stock units vest 40% on each of the first and second anniversaries of the grant date and 20% on the third anniversary of the grant date.
• Swithenbank also holds 75,065 unvested restricted stock units.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing indicating standard executive compensation practices, which is generally neutral to positive.

Positives

• The grant of restricted stock units aligns the executive's interests with the long-term performance of the company.

Industry Context

This filing is a routine disclosure related to executive compensation and is common in publicly traded companies.

Stakeholder Impact

• The grant of restricted stock units may have a slightly positive impact on shareholder sentiment as it aligns executive compensation with company performance.

Key Dates

Keywords

Form 4, NMI Holdings, restricted stock units, beneficial ownership, Aurora Swithenbank, NMIH