Independent Director · NMI Holdings, Inc. (NMIH)

Chair, Audit Committee

Michael Embler director compensation at NMI (FY2025): $318K

Fiscal year 2025 director compensation for Michael Embler at NMI Holdings, Inc.. Every figure below is printed as the company filed it and cited to the filing it came from.

Director compensation as of the proxy filed March 26, 2026 (DEF 14A). Open the filing on EDGAR.

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What they were paid

NMI Director Compensation Table · all 3 fiscal years held
In US dollars, as NMI reports it. Most recent year first. Totals are the company’s disclosed totals.
Fiscal yearCash feesStock awardsOption awardsOtherTotal
FY2025$147,967$169,969$0$0$317,936
FY2024$135,000$139,978$0$0$274,978
FY2021$112,116$119,991——$232,107

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.

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$317,936 Michael Embler, FY2025 total director compensation

$500

The free page is the headline figures. The board report is director pay, board composition and committee fees combined into the same kind of document.

Data as of March 26, 2026 · Source: Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

How this board is paid

company policy · FY2025

NMI pays directors a $120,000 cash retainer and $170,000 in equity.

Committees

FY2025 · as the proxy prints them

Audit (Chair) · Compensation

The rest of the NMI board

FY2025 · as the company reported each
DirectorRoleFY2025 total
Adam S. PollitzerDirector—
Bradley M. ShusterChair of the Board—
John C. EricksonIndependent Director$286,453
Lynn S. McCrearyIndependent Director$309,694
Michael MontgomeryIndependent Director$286,453
Priya HuskinsIndependent Director$286,453
Renu AgrawalIndependent Director—
Steven L. ScheidLead Independent Director$356,178

The full NMI compensation record

free company brief

This page is one director within NMI's record. The company brief lists every named executive and director, each linking to their own page.

Peer companies

named in the NMI proxy · each links to its own free brief

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Board Governance Report