Yousaf Mohammad Nawaz 4

What Happened Yousaf Mohammad Nawaz, EVP and Chief of Operations & Technology at NMI Holdings (NMIH), sold 16,000 common shares in open-market transactions on February 17, 2026. The shares were disposed at a weighted average price of $39.8875, for total proceeds of approximately $638,200. This was a sale (not a purchase or grant).

Key Details

• Transaction date: February 17, 2026 (Form 4 filed February 18, 2026 — timely).
• Transaction type: Open-market sale (Code S).
• Shares sold: 16,000 at a weighted average price of $39.8875; total ≈ $638,200.
• Price range on sale date: $39.63 to $40.015 (reporting person can provide a breakdown of shares sold at each price per footnote).
• Shares owned after transaction: 21,213 common shares beneficially owned, plus 17,520 unvested restricted stock units (per footnote).
• Footnotes: F1 confirms weighted-average sale price and price range; F2 details post-transaction holdings (common shares + unvested RSUs).
• Filing timeliness: Report filed one day after the transaction (appears timely).

Context This filing documents an open-market sale by an executive. Sales by insiders can be routine (e.g., diversification or liquidity needs) and do not necessarily signal a change in company outlook. For retail investors, purchases typically carry more interpretive weight than routine sales.