Form 4: NMI Holdings Executive Chairman Bradley Shuster Reports Stock Transactions

Bradley Shuster, Executive Chairman of NMI Holdings, reports acquisition of restricted stock units and beneficial ownership of common shares.

Summary

• Bradley M Shuster, Executive Chairman of NMI Holdings, filed a Form 4 detailing changes in beneficial ownership.
• On February 12, 2025, Shuster acquired 24,175 restricted stock units (RSUs) at a price of $0.
• These RSUs vest 40% on each of the first and second anniversaries of the grant date and 20% on the third anniversary.
• Following the reported transaction, Shuster beneficially owns 431,337 shares.
• This includes 366,806 common shares and 64,531 unvested restricted stock units.
• Shuster also indirectly owns 47,150 common shares through the Shuster Family Trust.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document is a standard regulatory filing detailing stock transactions.

Positives

• The acquisition of restricted stock units aligns Shuster's interests with the long-term performance of NMI Holdings.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• Provides transparency to shareholders regarding executive compensation and ownership.

Key Dates

Keywords

NMI Holdings, Bradley Shuster, Form 4, Beneficial Ownership, Restricted Stock Units, Executive Chairman, NMIH, Shares, Stock