Form 4: NMI Holdings Officer William J. Leatherberry Reports Sale of Common Stock

Sentiment:

SEC Form 4


William J. Leatherberry, Chief Administrative Officer & GC of NMI Holdings, Inc., reported selling shares of common stock in open market transactions on April 30, 2025 and May 1, 2025.

Summary

  • William J. Leatherberry, Chief Administrative Officer & GC of NMI Holdings, Inc., filed a Form 4 detailing changes in beneficial ownership.
  • On April 30, 2025, Leatherberry sold 13,111 shares of NMIH common stock at an average price of $35.56.
  • On May 1, 2025, Leatherberry sold 10,889 shares of NMIH common stock at an average price of $36.6382.
  • Following these transactions, Leatherberry beneficially owns 152,907 shares, including 115,005 common shares and 37,902 unvested restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales by an officer, which is neutral in sentiment. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

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

Stakeholder Impact

  • The stock sales by a company officer may be perceived differently by stakeholders; some may see it as a lack of confidence, while others may view it as a personal financial decision.

Key Dates

DateDescription
04/30/2025Date of first reported transaction: Sale of 13,111 common shares at an average price of $35.56.
05/01/2025Date of second reported transaction: Sale of 10,889 common shares at an average price of $36.6382.
05/02/2025Date of signature on the Form 4 filing.

Keywords

NMI Holdings, NMIH, Form 4, Insider Trading, Beneficial Ownership, Stock Sale, Leatherberry, Chief Administrative Officer, General Counsel

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