Bradley M. Shuster - 11 Feb 2026 Form 4 Insider Report for NMI Holdings, Inc. (NMIH)

Reporting relationship: Executive Chairman, Director
Issuer ticker: NMIH
Reported as of: 11 Feb 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 13 Feb 2026, 20:42:50 UTC
Prior SEC filing: 10 Feb 2026
Next SEC filing: 18 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Augustin Joo, as Attorney-in-Fact

Key filing fact

Bradley M. Shuster filed Form 4 for NMI Holdings, Inc. (NMIH) on 13 Feb 2026.

Key facts

This page summarizes Bradley M. Shuster's Form 4 filing for NMI Holdings, Inc. (NMIH).
2 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 0001052831 Primary reporting owner

SHUSTER BRADLEY M

Relationship: Executive Chairman, Director
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: +24,437
Change %: +6.2%
Price: $0.000000
Shares after: 420,332
Date: 11 Feb 2026
Ownership: Direct
Footnotes: F1

NMIH transaction

Common Shares, $0.01 par value per share

Tax liability

Transaction value: $0
Shares: -4,921
Change %: -1.2%
Price: $0.000000
Shares after: 415,411
Date: 12 Feb 2026
Ownership: Direct
Footnotes: F2, F3

NMIH holding

Common Shares, $0.01 par value per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 47,150
Date: 11 Feb 2026
Ownership: By Shuster Family Trust, of which Mr. Shuster and his wife are co-trustees and beneficiaries

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 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

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 F3

Represents 363,130 common shares and 52,281 unvested restricted stock units.