Erickson John C 4
4 · NMI Holdings, Inc. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
NMI Holdings (NMIH) Director John C. Erickson Receives RSU Award
What Happened
John C. Erickson, a director of NMI Holdings, Inc. (NMIH), was granted 4,512 restricted stock units (RSUs) on 2026-05-14. The grant is reported at $0.00 per share (no cash paid at grant). These RSUs are unvested and will convert to common shares if and when they vest.
Key Details
- Transaction type: Award/Grant (code A) of 4,512 restricted stock units on 2026-05-14. Reported grant price: $0.00 per unit.
- Shares owned after transaction: 17,320 common shares and 4,512 unvested RSUs (per filing footnote).
- Vesting: RSUs vest on the first anniversary of the grant date (footnote F1).
- Filing: Form 4 filed 2026-05-18 covering the 2026-05-14 grant — filed within the typical two-business-day window.
- No 10b5-1 plan, tax-withholding sale, or immediate sale noted in the filing.
Context
RSU grants are a routine form of equity compensation used to align directors and employees with shareholder interests; they are not an immediate market purchase or sale. Because these units are unvested and subject to time-based vesting, they do not represent shares available for sale until they vest.
Insider Transaction Report
Form 4
Erickson John C
Director
Transactions
- Award
Restricted Stock Unit (right to receive)
[F1][F2]2026-05-14+4,512→ 21,832 total
Footnotes (2)
- [F1]Represents restricted stock units granted pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan. The restricted stock units vest on the first anniversary of the grant date.
- [F2]Represents 17,320 common shares and 4,512 unvested restricted stock units.
Signature
/s/ Augustin Joo, as Attorney-in-Fact|2026-05-18