8-K - NMI Holdings, Inc. | StockGist

AI Analysis

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NMI Holdings, Inc. appointed Renu Agrawal as an independent director to its Board of Directors, effective February 12, 2026, expanding the Board to ten members. The appointment is significant for investors as it adds a director with extensive board and executive experience in the banking and insurance industries to the company's governance structure.

Key Takeaways

1Renu Agrawal was appointed as an independent director of NMI Holdings, Inc., effective February 12, 2026.

2The Board of Directors was expanded to ten members with this appointment.

3Ms. Agrawal was appointed to serve on the Company's Audit Committee and Risk Committee.

4Her annual compensation includes a $120,000 cash retainer and a $170,000 equity retainer in RSUs, with an additional $170,000 RSU grant vesting over two to three years.

5Ms. Agrawal is subject to the Company's stock ownership guidelines, requiring her to hold shares worth at least five times her annual cash retainer.

6She has extensive board experience, currently serving on the boards of First Interstate BancSystem, Inc. and Sunrise Produce, and previously held senior executive roles at Wells Fargo.

Current Report Details

Event Type

Management Change

Regulation Fd

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

5.02

. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment

Management Change

$120.0K$170.0K$170.0K

7.01

. Regulation FD Disclosure. On February 12, 2026, the Company issued a press release announcing that, effective February 12, 2026, Ms. Agrawal was appointed by

Regulation Fd

9.01

. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 NMI Holdings, Inc. Press Release, dated February 12, 2026 104 Cover Page Interac

Exhibits Only

Source Document

Executive & Director Changes

Renu Agrawal

Independent Director

Appointed

Effective: 2026-02-12

Board expansion

Exhibits (2)

8-K

99.1

EX-99.1