{"schema_version":"secwatch.filing_event.v1","accession":"0001174947-25-000267","form_type":"8-K","ticker":"NODK","cik":"0001681206","company_name":"NI Holdings, Inc.","filed_at":"2025-03-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.423989+00:00","generated_at":"2026-05-25T14:28:15.440732+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"NI Holdings appoints Matt Maki as permanent CFO effective March 1, 2025","bullets":["Matt Maki, previously Interim CFO, appointed full-time CFO effective March 1, 2025; will serve as principal financial and accounting officer.","Annual base salary of $435,000; short-term incentive at 50% of base salary (threshold 25%, target 50%, stretch 100%).","Long-term incentive at 70% of base salary; one-time cash bonus of $25,000 and RSU grant of $70,000 with three-year vesting.","Maki joined NI Holdings in Aug 2020 as VP of FP&A; prior roles at RAM Mutual Insurance and Travelers; CPA and UW-Eau Claire graduate.","Employment agreement expected with one-year term; severance provisions for termination without cause or for good reason."],"urls":{"canonical":"https://secwatch.observer/filing/0001174947-25-000267","json":"https://secwatch.observer/filing/0001174947-25-000267.json","markdown":"https://secwatch.observer/filing/0001174947-25-000267.md","text":"https://secwatch.observer/filing/0001174947-25-000267.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1681206/000117494725000267/0001174947-25-000267-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1681206/000117494725000267/form8k-33729_nodk.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T14:28:15.440732+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0a76f02f3c","claim":"Matt Maki was appointed as Chief Financial Officer at NI Holdings, Inc..","evidence_excerpt":"On February 26, 2025, the Board of Directors (the “Board”) of the Company determined to appoint Mr. Maki as the Company’s full-time Chief Financial Officer, effective March 1, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1681206/000117494725000267/0001174947-25-000267-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}