Fitzgerald Norman Peter 4
4 · NMI Holdings, Inc. · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
NMIH EVP Norman Fitzgerald Sells Shares for Tax Withholding
What Happened
Norman Fitzgerald, EVP and Chief Sales Officer of NMI Holdings, had a total of 3,640 shares withheld by the company to satisfy withholding taxes when certain restricted stock units (RSUs) vested. The dispositions recorded were 2,323 shares on 2026-02-07 and 1,317 shares on 2026-02-08; both are reported as $0 proceeds because the shares were retained by the company for tax withholding (transaction code F).
Key Details
- Transaction dates: 2026-02-07 (2,323 shares) and 2026-02-08 (1,317 shares). Total withheld: 3,640 shares.
- Price/proceeds: reported as $0 (shares were withheld to cover taxes, not sold on the open market).
- Holdings after transaction (per filing footnote): 21,711 common shares and 12,119 unvested RSUs.
- Footnotes: Withholdings relate to RSUs granted 2/7/2024 (F1) and 2/8/2023 (F2). Net settlement used the closing price on 2026-02-06; the RSUs vest 40% on each of the first two anniversaries and 20% on the third anniversary. (F3 summarizes current holdings.)
- Transaction code: F = tax withholding on vested equity.
Context
This was a routine tax-withholding disposition tied to RSU vesting—common for employees—and not an open-market sale or purchase. Tax-withholding events usually do not by themselves signal insider sentiment about the company’s stock.
Insider Transaction Report
- Tax Payment
Common Shares, $0.01 par value per share
[F1]2026-02-07−2,323→ 35,147 total - Tax Payment
Common Shares, $0.01 par value per share
[F2][F3]2026-02-08−1,317→ 33,830 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 21,711 common shares and 12,119 unvested restricted stock units.