Form 4: NMI Holdings Executive Donates Shares to Charity

William J. Leatherberry, Chief Administrative Officer & General Counsel of NMI Holdings, Inc., donated 5,200 common shares to a charitable organization.

Summary

• William J. Leatherberry, Chief Administrative Officer & General Counsel at NMI Holdings, Inc., has reported a transaction involving the donation of 5,200 common shares.
• The shares were donated to a charitable organization as a bona fide gift.
• Following the transaction, Mr. Leatherberry beneficially owns 148,489 common shares, which includes 105,894 common shares and 42,595 unvested restricted stock units.

Sentiment

Score: 7

Explanation: The document reflects a standard insider transaction with a positive element of charitable giving, resulting in a neutral to slightly positive sentiment.

Positives

• The donation of shares to a charitable organization is a positive action.

Industry Context

This is a routine filing related to insider transactions and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, as mandated by the SEC.
• The donation of shares to charity is a common practice among executives and is not unusual.

Stakeholder Impact

• The donation of shares does not have a significant impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

NMI Holdings, William J. Leatherberry, charitable donation, stock transaction, beneficial ownership, Form 4, insider trading