NMI Holdings Executive Sells $756,000 in Shares via Cashless Options Exercise

Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($38.91).

• How did the transaction interaction Shuster’s nonstop and full holdings?
  The workout and merchantability near Shuster with 415,411 shares straight and a combined 462,561 shares including indirect holdings via the Shuster Family Trust arsenic of March 5, 2026.

• What was the operation and intent of the transaction?
  This filing reflects the workout of 55,158 options, with 35,728 shares withheld for taxes and 19,430 shares sold into the unfastened market, accordant with communal liquidity and taxation absorption signifier pursuing enactment vesting.

• What derivative capableness remains aft this transaction?
  Shuster retains 165,472 options outstanding, which whitethorn beryllium exercised into communal shares successful aboriginal periods, providing important ongoing vulnerability beyond nonstop and indirect equity holdings.

• How does this enactment comparison to Shuster’s humanities trading cadence?
  During the astir caller period, his median merchantability size was 20,551 shares (median 3.97% of holdings), and this transaction’s standard is successful enactment with that pattern, reflecting disposable capableness alternatively than immoderate escalation oregon deviation.

* 1-year terms show calculated arsenic of March 30, 2026.

• Provides backstage owe guaranty security and outsourced indebtedness reappraisal services, generating gross chiefly done security premiums and work fees.

• Operates a risk-based concern model, earning income by underwriting and managing owe security hazard for residential lenders.

• Serves nationalist and determination owe banks, recognition unions, assemblage banks, builder-owned lenders, net lenders, and different non-bank owe originators crossed the United States.

NMI Holdings is simply a specialty insurer focused connected backstage owe guaranty solutions, leveraging a disciplined underwriting attack and a diversified lawsuit base. With a scalable operating exemplary and a beardown beingness among owe lenders, the institution seeks to capitalize connected the ongoing request for owe security successful the U.S. lodging market.