Fitzgerald Norman Peter 4

What Happened
Norman P. Fitzgerald, EVP and Chief Sales Officer of NMI Holdings, sold 22,500 common shares in open-market transactions on February 17, 2026. The weighted average sale price was $39.9393, for total proceeds of approximately $898,634. This was a sale (disposition), which is commonly routine insider selling and not by itself an indicator of company performance.

Key Details

• Transaction date: 2026-02-17 (reported on Form 4 filed 2026-02-18). Filing appears timely (next business day).
• Sale type/code: Open-market sale (S).
• Shares sold: 22,500 shares at a weighted average price of $39.9393 (range on the date: $39.62 to $40.56). Total proceeds ≈ $898,634.
• Shares owned after transaction: reporting person beneficially owns 15,313 common shares and 17,132 unvested restricted stock units (per footnote).
• Footnote: The seller offers to provide, on request, a breakdown of shares sold at each price on the transaction date.

Context

• This was a cash sale of existing shares, not an exercise or award. Such sales are often routine liquidity events and should be viewed separately from insider purchases, which can signal stronger conviction.
• No indication in the filing of a 10b5-1 plan or tax-withholding share surrender; additional per-price details can be requested as noted in the filing.