Aasmundstad Eric K. 4

What Happened Eric K. Aasmundstad, a director of NI Holdings, was granted 5,015 shares reported as a grant/award (code A) on 2026-05-20. The reported acquisition price is $0.00, indicating these are restricted stock units (RSUs) rather than a cash purchase. The filing notes these RSUs are time‑based and will be deferred until after separation from service.

Key Details

• Transaction date: 2026-05-20; filing date: 2026-05-21 (timely filing).
• Amount: 5,015 shares awarded at $0.00 per share (RSUs).
• Shares owned after transaction: not specified in the provided excerpt; filing footnotes indicate holdings include restricted stock units (see next point).
• Footnotes: F1/F2 note these are time‑based RSUs deferred until separation; F3 notes the insider’s holdings include 17,639 RSUs that will be deferred until after separation from service.
• Exhibit: 24.1 Power of Attorney included.
• Transaction type: Award/grant of RSUs (not a market purchase or sale).

Context RSUs are a common form of director compensation that convert to stock if vesting conditions are met; because these are time‑based and deferred until separation, they do not represent an immediate market purchase or sale. This filing documents compensation rather than a trading signal.