Form 4: NMI Holdings EVP Robert Owen Smith Reports Stock Transactions
SEC Form 4 Filing
Robert Owen Smith, EVP and Chief Risk Officer of NMI Holdings, reports acquisition and disposal of NMIH stock and restricted stock units.
Summary
- Robert Owen Smith, the EVP and Chief Risk Officer of NMI Holdings, filed a Form 4 detailing changes in beneficial ownership.
- On February 12, 2025, Smith acquired 14,647 restricted stock units and 33,100 common shares.
- Also on February 12, 2025, 16,809 shares were withheld to cover withholding taxes related to the vesting of performance-based restricted stock units (PRSUs).
- Following these transactions, Smith beneficially owns 104,566 common shares and 27,967 unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and any recent changes.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly diluting the stock.
Key Dates
| Date | Description |
|---|---|
| 02/09/2022 | Reporting person was granted performance-based restricted stock units (PRSUs) |
| 02/12/2025 | Date of earliest transaction: Grant of restricted stock units, vesting of PRSUs, and withholding of shares for taxes. |
| 02/14/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, NMI Holdings, Robert Owen Smith, Beneficial Ownership, Restricted Stock Units, Common Shares, PRSUs, Stock Transactions, Vesting, Withholding Taxes
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