Realmuto Nicholas Daniel 4

What Happened
Nicholas (Daniel) Realmuto, SVP & Controller of NMI Holdings (NMIH), was granted 3,882 restricted stock units (RSUs) on March 15, 2026. On the same date, a total of 3,053 shares were withheld by the company to satisfy withholding taxes related to prior RSU vestings. The Form 4 reports $0 acquisition price for the RSU grant (typical for awards) and $0 reported price for the withheld shares; withholding was done at a net settlement price equal to the closing stock price on March 13, 2026.

Key Details

• Transaction date(s): March 15, 2026; Form 4 filed March 17, 2026 (reporting the March 15 transactions).
• Grant: 3,882 RSUs granted (code A); grant vests in three equal annual installments beginning on the first anniversary of the grant (per plan).
• Withheld for taxes: 1,042 + 772 + 565 + 674 = 3,053 shares withheld (reported as dispositions, code F) to satisfy taxes on RSUs granted in 2023, 2024 and 2025; withholding used net settlement at the March 13, 2026 closing price.
• Shares owned after transaction (per filing footnote): 2,943 common shares and 5,202 unvested RSUs.
• No open-market buy or sell reported; these are award and tax-withholding transactions (not a market sale/purchase).
• Filing appears timely (filed two days after the transaction date).

Context
This filing records an equity award (RSUs) and routine share withholding to cover taxes—common administrative actions when RSUs vest or are granted. The grant vests over three years; the withheld shares do not indicate an open-market sale by the insider. For retail investors, award grants increase insider holdings over time as RSUs vest, while withholding is a standard payroll-tax procedure and not a directional trade signal.