Form 4: NMI Holdings EVP Yousaf Nawaz Yousaf Reports Stock Transactions Following RSU Vesting
SEC Form 4 Filing
EVP, Chief of Ops and Tech at NMI Holdings, Yousaf Mohammad Nawaz, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On February 7, 2025, Yousaf Mohammad Nawaz, EVP, Chief of Ops and Tech at NMI Holdings, Inc., had shares withheld by the company to cover tax obligations related to the vesting of restricted stock units (RSUs).
- A total of 1,978 shares were withheld related to RSUs granted on February 7, 2024.
- An additional 2,142 shares were withheld related to RSUs granted on February 8, 2023.
- Furthermore, 824 shares were withheld related to RSUs granted on February 9, 2022.
- Following these transactions, Nawaz directly owns 27,491 common shares, which includes 17,942 common shares and 9,549 unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine tax withholding related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/09/2022 | Date of grant for certain restricted stock units. |
| 02/08/2023 | Date of grant for certain restricted stock units. |
| 02/07/2024 | Date of grant for certain restricted stock units. |
| 02/07/2025 | Date of transaction: Shares withheld for tax obligations related to vesting RSUs. |
| 02/11/2025 | Date of signature on the Form 4 filing. |
Keywords
NMI Holdings, Yousaf Mohammad Nawaz, Form 4, Stock Transactions, Restricted Stock Units, RSU Vesting, Tax Withholding, Beneficial Ownership
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