Adam Pollitzer compensation by year
NMI Summary Compensation Table · all 9 fiscal years held| Component | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Salary | $290,265 | $466,250 | $500,000 | $550,000 | $591,000 | $800,000 | $900,000 | $975,000 | $975,000 |
| Bonus | $0 | $0 | $0 | $28,600 | $0 | — | — | — | — |
| Stock awards | $2,249,996 | $477,897 | $674,998 | $1,044,948 | $1,122,998 | $3,000,000 | $4,274,972 | $4,874,994 | $6,337,450 |
| Option awards | $249,999 | $322,551 | $224,998 | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $560,000 | $849,600 | $900,000 | $675,400 | $1,063,800 | $1,620,000 | $2,699,550 | $3,071,250 | $2,839,200 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $361,013 | $42,830 | $45,950 | $45,039 | $44,806 | $54,844 | $56,965 | $57,690 | $57,965 |
| Total | $3,711,273 | $2,159,128 | $2,345,946 | $2,343,987 | $2,822,604 | $5,474,844 | $7,931,487 | $8,978,934 | $10,209,615 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: NMI Holdings, Inc. DEF 14A filed March 26, 2026, accession 0001547903-26-000019, and prior-year filings. Open the filing on EDGAR.
How this page was built: the NMI Holdings, Inc. filed document, accession 0001547903-26-000019. Every figure is read from that document and cited to the page and table it appears in. Filed March 26, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 216,296 | $8,822,714 | — |
| PSU | 162,554 | $6,630,578 | — |
| RSU | 72,098 | $2,940,877 | — |
| RSU | 48,767 | $1,989,206 | — |
| RSU | 18,468 | $753,310 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in NMI Holdings, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
7 Form 4 lines since the FY2025 proxy (filed March 26, 2026)current to 2026-11-06 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-09-04 | Exercise or conversion derivative | — | 19,435 | $0.00 | 0 |
| 2026-09-04 | Sale | — | 172,706 | $44.85 | 270,267 |
| 2026-09-04 | Exercise or conversion | — | 16,264 | $18.70 | 286,531 |
| 2026-09-04 | Exercise or conversion | — | 19,435 | $16.00 | 305,966 |
| 2026-09-04 | Exercise or conversion derivative | — | 16,264 | $0.00 | 0 |
| 2026-09-04 | Exercise or conversion derivative | — | 25,426 | $0.00 | 0 |
| 2026-09-04 | Exercise or conversion | — | 25,426 | $22.19 | 331,392 |
The 7 most recent of 7 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
NMI’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Adam Pollitzer · this page | President and Chief Executive Officer | $10,209,615 |
| Bradley Shuster | Executive Chairman | $3,492,110 |
| William Leatherberry | Chief Administrative Officer, General Counsel | $3,071,611 |
| Aurora Swithenbank | Chief Financial Officer | $2,574,439 |
| Robert Smith | Chief Risk Officer | $2,451,503 |
Board service
NMI board · FY2021–FY2025How this board is paid
Company policy: NMI pays directors a $120,000 cash retainer and $170,000 in equity. As stated in NMI's FY2025 proxy.
The full NMI compensation record
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are NMI's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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