Form 4: NMI Holdings Executive William Leatherberry Sells Shares on the Open Market
SEC Form 4 Filing
William Leatherberry, Chief Administrative Officer & General Counsel of NMI Holdings, sold 5,000 shares of common stock in open market transactions on August 26 and 27, 2024.
Summary
- William J. Leatherberry, Chief Administrative Officer & General Counsel of NMI Holdings, Inc., reported the sale of company stock.
- On August 26, 2024, Leatherberry sold 2,000 shares at a price of $40.00 per share.
- On August 27, 2024, Leatherberry sold 3,000 shares at an average price of $40.07 per share, with prices ranging from $40.0601 to $40.08.
- Following these transactions, Leatherberry beneficially owns 153,689 shares, including 111,094 common shares and 42,595 unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, reporting the sale of shares by a company executive. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale based on their own analysis.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects; however, without additional context, it's difficult to ascertain the specific reasons behind these transactions.
Stakeholder Impact
- Shareholders may react to the news of the stock sale, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Leatherberry sold 2,000 shares of NMIH at $40.00 per share. |
| 08/27/2024 | Leatherberry sold 3,000 shares of NMIH at an average price of $40.07 per share. |
| 08/27/2024 | Date of the report filing. |
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