secwatch.observer — SEC 8-K summary
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Issuer:     NMI Holdings, Inc. (NMIH)
CIK:        0001547903
Form:       8-K
Filed at:   2021-09-09T23:59:59+00:00
Accession:  0001547903-21-000153
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NMI Holdings names Adam Pollitzer CEO effective Jan 1, 2022; Claudia Merkle to depart
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- Adam Pollitzer, current EVP/CFO, appointed President and CEO effective Jan 1, 2022, and will join Board.
- Claudia Merkle steps down as CEO and from Board effective Dec 31, 2021.
- Pollitzer receives $800K base salary, 150% bonus target, enhanced change-in-control severance (2x salary plus bonus).
- Merkle eligible for 2021 STI payment, placement services, accelerated vesting of stock options and RSUs.
- Board cites deliberate succession planning; Pollitzer instrumental in corporate strategy and financial success since 2017.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1547903/000154790321000153/0001547903-21-000153-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1547903/000154790321000153/nmih-20210909.htm
  HTML page:      https://secwatch.observer/filing/0001547903-21-000153

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer