Pollitzer Adam 4
4 · NMI Holdings, Inc. · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
NMIH CEO Adam Pollitzer Shares Withheld for Taxes
What Happened
Adam Pollitzer, CEO of NMI Holdings (NMIH), had a total of 26,062 shares withheld by the company to satisfy tax withholding obligations when certain restricted stock units (RSUs) vested. The filing reports two dispositions: 16,665 shares on 2026-02-07 and 9,397 shares on 2026-02-08. The Form 4 shows $0 cash proceeds for these dispositions (they were net share settlements to cover taxes, not open-market sales).
Key Details
- Transactions: 2026-02-07 — 16,665 shares withheld (Disposition, reported $0); 2026-02-08 — 9,397 shares withheld (Disposition, reported $0). Total withheld: 26,062 shares.
- Filing date: 2026-02-10 — appears to be filed within the normal Form 4 window (timely).
- Beneficial ownership after these transactions (per footnote): 215,048 common shares and 88,355 unvested RSUs.
- Footnotes:
- The 16,665 shares relate to RSUs granted 2/7/2024; the 9,397 shares relate to RSUs granted 2/8/2023.
- Each set was net-settled to satisfy withholding taxes at a net settlement price equal to the closing price on 2026-02-06.
- These were tax-withholding dispositions (transaction code F), not open-market sales or purchases.
Context: This is a routine tax-withholding transaction tied to RSU vesting (a "net settlement" where the company retains shares to cover taxes). Such withholdings are administrative and do not necessarily signal a CEO buying or selling stock as a market-confidence indicator.
Insider Transaction Report
- Tax Payment
Common Shares, $0.01 par value per share
[F1]2026-02-07−16,665→ 312,800 total - Tax Payment
Common Shares, $0.01 par value per share
[F2][F3]2026-02-08−9,397→ 303,403 total
Footnotes (3)
- [F1]Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on February 7, 2024 at a net settlement price equal to the closing stock price on February 6, 2026. The shares underlying these restricted stock units vest 40% on each of the first and second anniversaries of the grant date and 20% on the third anniversary of the grant date.
- [F2]Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on February 8, 2023 at a net settlement price equal to the closing stock price on February 6, 2026. The shares underlying these restricted stock units vest 40% on each of the first and second anniversaries of the grant date and 20% on the third anniversary of the grant date.
- [F3]Represents 215,048 common shares and 88,355 unvested restricted stock units.