Robert Owen Smith - 11 Feb 2026 Form 4 Insider Report for NMI Holdings, Inc. (NMIH)

Reporting relationship: EVP, Chief Risk Officer
Issuer ticker: NMIH
Reported as of: 11 Feb 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 13 Feb 2026, 20:42:01 UTC
Prior SEC filing: 10 Feb 2026
Next SEC filing: 05 Aug 2026
Source filing: View source filing
Reporting owner signature: /s/ Augustin Joo, as Attorney-in-Fact

Key filing fact

Robert Owen Smith filed Form 4 for NMI Holdings, Inc. (NMIH) on 13 Feb 2026.

Key facts

This page summarizes Robert Owen Smith's Form 4 filing for NMI Holdings, Inc. (NMIH).
4 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 13 Feb 2026, 20:42.

Change

Previous filing in this sequence was filed on 10 Feb 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001739814 Primary reporting owner

Smith Robert Owen

Relationship: EVP, Chief Risk Officer
Address: C/O NMI HOLDINGS, INC., 2100 POWELL STREET, 12TH FL., EMERYVILLE
Signature: /s/ Augustin Joo, as Attorney-in-Fact
Signature date: 13 Feb 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NMIH transaction

Restricted Stock Unit (right to receive)

Award

Transaction value: $0
Shares: +13,196
Change %: +17%
Price: $0.000000
Shares after: 92,415
Date: 11 Feb 2026
Ownership: Direct
Footnotes: F1

NMIH transaction

Common Shares, $0.01 par value per share

Award

Transaction value: $0
Shares: +38,574
Change %: +42%
Price: $0.000000
Shares after: 130,989
Date: 11 Feb 2026
Ownership: Direct
Footnotes: F2

NMIH transaction

Common Shares, $0.01 par value per share

Tax liability

Transaction value: $0
Shares: -19,627
Change %: -15%
Price: $0.000000
Shares after: 111,362
Date: 11 Feb 2026
Ownership: Direct
Footnotes: F3

NMIH transaction

Common Shares, $0.01 par value per share

Tax liability

Transaction value: $0
Shares: -2,981
Change %: -2.7%
Price: $0.000000
Shares after: 108,381
Date: 12 Feb 2026
Ownership: Direct
Footnotes: F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents restricted stock units granted pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan on February 11, 2026. The 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.

Footnote F2

On February 8, 2023, the reporting person was granted performance-based restricted stock units (PRSUs) pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan. Each PRSU represents a contingent right to receive shares of NMIH's common shares upon settlement. The PRSUs vest at the end of the three-year period following the grant on the date that the Compensation Committee of the Board of Directors certifies attainment, based on NMIH's satisfaction of certain performance criteria. The performance criteria were met on February 11, 2026, resulting in the issuance of 38,574 vested PRSUs.

Footnote F3

Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of the PRSUs granted to the reporting person on February 8, 2023 at a net settlement price equal to the closing stock price on February 11, 2026.

Footnote F4

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 12, 2025 at a net settlement price equal to the closing stock price on February 12, 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.

Footnote F5

Represents 83,241 common shares and 25,140 unvested restricted stock units.