Form 4: NMI Holdings Executive William Leatherberry Sells Shares

William Leatherberry, Chief Administrative Officer & General Counsel of NMI Holdings, sold 24,725 common shares at an average price of $39.6738 on July 31, 2024.

Summary

• On July 31, 2024, William J. Leatherberry, Chief Administrative Officer & General Counsel of NMI Holdings, Inc., sold 24,725 common shares of NMIH.
• The shares were sold at an average price of $39.6738, with individual sale prices ranging from $39.4100 to $40.5000.
• Following the transaction, Leatherberry directly owns 158,689 shares, which includes 116,094 common shares and 42,595 unvested restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings provide transparency into the transactions of those with access to non-public information.

Stakeholder Impact

• The stock sale by a company executive could be perceived differently by stakeholders.
• Some may see it as a routine transaction, while others might interpret it as a lack of confidence in the company's future prospects, although this is not necessarily the case.

Key Dates