Form 4: NMI Holdings EVP Robert Owen Smith Sells 3,000 Shares
SEC Form 4 Filing
Robert Owen Smith, EVP and Chief Risk Officer of NMI Holdings, sold 3,000 shares of Class A Common Stock at an average price of $31.1854 on March 21, 2024.
Summary
- On March 21, 2024, Robert Owen Smith, the EVP and Chief Risk Officer of NMI Holdings, Inc., sold 3,000 shares of Class A Common Stock.
- The shares were sold at an average price of $31.1854 per share.
- The total number of shares beneficially owned following the transaction is 82,612, which includes 51,962 Class A common shares and 30,650 unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This is a routine disclosure of an insider stock sale, which is common for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on their perception of insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of the stock sale transaction. |
| 03/22/2024 | Date of signature for the Form 4 filing. |
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