Form 4: NMI Holdings Executive William Leatherberry Reports Changes in Beneficial Ownership

William Leatherberry, Chief Administrative Officer & GC of NMI Holdings, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.

Summary

• William Leatherberry, Chief Administrative Officer & GC of NMI Holdings, filed a Form 4 detailing changes in beneficial ownership.
• The transactions involve the withholding of common shares by NMI Holdings to satisfy tax obligations related to the vesting of restricted stock units.
• These restricted stock units were granted on February 7, 2024, February 8, 2023, and February 9, 2022, and vest over three years.
• A total of 4,630, 5,129 and 2,197 and 591 shares were withheld on February 7, 8 and 9, 2025 respectively.
• Following these transactions, Leatherberry directly owns 135,942 common shares, including 117,717 common shares and 18,225 unvested restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral filing related to standard executive compensation practices and does not inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and stock ownership.
• Employees holding restricted stock units are directly impacted by the vesting schedule and associated tax obligations.

Key Dates

Keywords

Form 4, Beneficial Ownership, NMI Holdings, Leatherberry, Restricted Stock Units, Tax Withholding, Vesting