Leatherberry William J 4

What Happened

• William J. Leatherberry, Chief Administrative Officer & General Counsel of NMI Holdings, reported a disposition of 4,900 common shares on 2026-02-27. The transaction is reported as an "other acquisition or disposition" (code J) and the shares were transferred for no consideration (reported price $0.00, total $0).
• Per footnote F1, the shares were transferred to the reporting person's former spouse pursuant to a marriage settlement agreement and are no longer beneficially owned by him.

Key Details

• Transaction date: 2026-02-27; Report filed: 2026-02-27.
• Transaction type/code: Other disposition (J); reported price $0.00; total reported value $0.
• Shares transferred/disposed: 4,900 common shares.
• Beneficial ownership note (F2): Reporting person’s holdings are described as 124,901 common shares and 34,433 unvested restricted stock units (as noted in the filing).
• Filing timeliness: Report filed the same day as the transaction (no late filing indicated).

Context

• This was a non-market transfer tied to a marital settlement, not an open-market sale—such transfers generally reflect personal/legal arrangements rather than an insider's view of the company’s prospects.
• For retail investors, purchases or open-market sales by insiders typically carry more informational weight than transfers due to divorce or gift settlement.