--- schema_version: "secwatch.filing_event.v1" accession: "0001547903-24-000111" form_type: "8-K" ticker: "NMIH" cik: "0001547903" company_name: "NMI Holdings, Inc." filed_at: "2024-05-10T23:59:59+00:00" generated_at: "2026-06-02T03:39:49.036654+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.25 calibrated_materiality_score: 0.25 confidence: "high" source: SEC EDGAR --- # NMIH shareholders approve officer exculpation; retire 250K Class B shares ## Summary - Amended certificate to provide officer exculpation under Delaware law; 60.98M votes for, 7.91M against. - Retired 250,000 already-converted Class B shares; total authorized capital reduced to 260 million shares. - Elected 9 directors including Bradley Shuster (64.1M for), Adam Pollitzer (67.9M for), and others. - Advisory say-on-pay approved with 65.2M for, 3.7M against; BDO USA ratified as auditor. - Amended and restated bylaws with technical DGCL updates and obsolete provision removals. ## SEC filing metadata - accession: 0001547903-24-000111 - form_type: 8-K - ticker: NMIH - cik: 0001547903 - company_name: NMI Holdings, Inc. - filed_at: 2024-05-10T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.25 - calibrated_materiality_score: 0.25 - confidence: high - sec_items: 5.03, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1547903/000154790324000111/0001547903-24-000111-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1547903/000154790324000111/nmih-20240509.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001547903-24-000111 - JSON: https://secwatch.observer/filing/0001547903-24-000111.json - Plain text: https://secwatch.observer/filing/0001547903-24-000111.txt ## Key facts - Governance Changes NMI Holdings, Inc.: Board approved amended and restated Bylaws with technical, administrative, modernizing, and clarifying changes (effective 2024-05-09). - Change: bylaw amendment - Effective: 2024-05-09 source text: the Board of Directors (the “Board”) of the Company approved and adopted amended and restated Bylaws (the “Amended and Restated Bylaws”), effective the same day evidence_url: https://www.sec.gov/Archives/edgar/data/1547903/000154790324000111/0001547903-24-000111-index.htm - Governance Changes NMI Holdings, Inc.: Stockholders approved amendment and restatement of certificate of incorporation to provide exculpation for certain officers as permitted by Delaware law (effective 2024-05-09). - Change: charter amendment - Effective: 2024-05-09 source text: the stockholders of NMI Holdings, Inc. (the “Company”) approved the amendment and restatement of the Company’s Second Amended and Restated Certificate of Incorporation to provide for the exculpation of certain officers of the Company against personal liability to the extent permitted by the Delaware General Corporation Law evidence_url: https://www.sec.gov/Archives/edgar/data/1547903/000154790324000111/0001547903-24-000111-index.htm - Shareholder Votes NMI Holdings, Inc. shareholders approved Election of Directors at the 2024-05-09 meeting. - Proposal: director election - Outcome: passed - Meeting: 2024-05-09 source text: 1. The following directors were elected: FOR WITHHELD BROKER NON-VOTES Bradley M. Shuster 64,073,342 4,839,773 2,233,207 Adam S. Pollitzer 67,881,569 1,031,546 2,233,207 Michael Embler 67,496,079 1,417,036 2,233,207 John C. Erickson 68,564,859 348,256 2,233,207 Priya Huskins 67,936,647 976,468 2,233,207 Lynn S. McCreary 67,387,104 1,526,011 2,233,207 Michael Montgomery 67,497,319 1,415,796 2,233,207 Regina L. Muehlhauser 68,542,915 370,200 2,233,207 Steven L. Scheid 65,787,737 3,125,378 2,233,207 evidence_url: https://www.sec.gov/Archives/edgar/data/1547903/000154790324000111/0001547903-24-000111-index.htm - Shareholder Votes NMI Holdings, Inc. shareholders approved The amendment and restatement of our certificate of incorporation to provide exculpation for certain officers as permitted by Delaware law at the 2024-05-09 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2024-05-09 source text: 4. The amendment and restatement of our certificate of incorporation to provide exculpation for certain officers as permitted by Delaware law was approved by the following vote: FOR AGAINST ABSTAIN BROKER NON-VOTES 60,978,246 7,906,322 28,547 2,233,207 evidence_url: https://www.sec.gov/Archives/edgar/data/1547903/000154790324000111/0001547903-24-000111-index.htm - Shareholder Votes NMI Holdings, Inc. shareholders approved The ratification of the appointment of BDO USA, LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024 at the 2024-05-09 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2024-05-09 source text: 3. The ratification of the appointment of BDO USA, LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024 was approved by the following vote: FOR AGAINST ABSTAIN 70,376,238 761,144 8,940 evidence_url: https://www.sec.gov/Archives/edgar/data/1547903/000154790324000111/0001547903-24-000111-index.htm - Shareholder Votes NMI Holdings, Inc. shareholders approved The advisory vote to approve our executive compensation at the 2024-05-09 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2024-05-09 source text: 2. The advisory vote to approve our executive compensation was approved by the following vote: FOR AGAINST ABSTAIN BROKER NON-VOTES 65,152,120 3,746,588 14,507 2,233,207 evidence_url: https://www.sec.gov/Archives/edgar/data/1547903/000154790324000111/0001547903-24-000111-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.