Form 4: NMI Holdings EVP, Chief Risk Officer Robert Owen Smith Sells $731,582 Worth of Common Stock

Robert Owen Smith, EVP and Chief Risk Officer of NMI Holdings, Inc., sold 20,000 common shares at an average price of $36.5791 on May 1, 2025, for a total of $731,582.

Summary

• On May 1, 2025, Robert Owen Smith, the EVP and Chief Risk Officer of NMI Holdings, Inc., sold 20,000 common shares of NMIH.
• The sale was executed in a series of open market transactions.
• The average sale price was $36.5791 per share, with prices ranging from $36.50 to $36.71.
• Following the transaction, Smith beneficially owns 84,566 shares, including 56,599 common shares and 27,967 unvested restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's performance. However, large or frequent sales can sometimes be viewed negatively by investors.

Stakeholder Impact

• The stock sale could have a minor impact on shareholders if it leads to a slight decrease in the stock price due to increased selling pressure, but this is unlikely to be significant.

Key Dates

Keywords

NMI Holdings, NMIH, Robert Owen Smith, Executive Stock Sale, Form 4, Chief Risk Officer, Stock Sale, Beneficial Ownership