---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-25-001307"
form_type: "8-K/A"
ticker: "NODK"
cik: "0001681206"
company_name: "NI Holdings, Inc."
filed_at: "2025-10-29T23:59:59+00:00"
generated_at: "2026-05-17T01:40:32.930657+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# NI Holdings sets CEO Cindy Launer's compensation: $750k salary, STI, equity grants

## Summary
- Annual base salary of $750,000 effective Jan 1, 2026; pro rata for Oct-Dec 2025.
- Short-term incentive target 80% of base salary (2026); payout range 50%-140% of target; 2025 STI target $150,000.
- Long-term equity incentive of 100% of base salary with 3-year vesting (2026); 2025 RSU grant of $187,500.
- Moving expense reimbursement and short-term housing provided until relocation.

## SEC filing metadata
- accession: 0001174947-25-001307
- form_type: 8-K/A
- ticker: NODK
- cik: 0001681206
- company_name: NI Holdings, Inc.
- filed_at: 2025-10-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1681206/000117494725001307/0001174947-25-001307-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1681206/000117494725001307/form8ka-34822_nodk.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-25-001307
- JSON: https://secwatch.observer/filing/0001174947-25-001307.json
- Plain text: https://secwatch.observer/filing/0001174947-25-001307.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.