The estimated Net Worth of Steven Scheid is at least $4.92 Million dollars as of 12 February 2020. Mr. Scheid owns over 27,325 units of NMI Inc stock worth over $3,184,455 and over the last 21 years he sold NMIH stock worth over $1,526,680. In addition, he makes $204,996 as Lead Independent Director at NMI Inc.
Steven has made over 8 trades of the NMI Inc stock since 2014, according to the Form 4 filled with the SEC. Most recently he exercised 27,325 units of NMIH stock worth $273,250 on 12 February 2020.
The largest trade he's ever made was selling 65,000 units of NMI Inc stock on 3 August 2018 worth over $1,397,500. On average, Steven trades about 5,849 units every 68 days since 2003. As of 12 February 2020 he still owns at least 80,947 units of NMI Inc stock.
You can see the complete history of Mr. Scheid stock trades at the bottom of the page.
Steven L. Scheid serves as Lead Independent Director of the Company. A veteran financial industry executive with over 40 years of experience, Mr. Scheid has a deep expertise in finance, retail strategies, risk management and investment services, and we believe he is qualified to serve on our Board. He served on the boards of Blue Nile Company, an online retailer of diamonds and fine jewelry (2007-2015); Janus Capital Group Inc., a global investment firm (2002-2012); and The PMI Group, Inc. (2002-2009). Mr. Scheid was previously a partner at Strategic Execution Group, a consulting firm, from 2007 to 2012. He served as the chairman of Janus Capital Group Inc. until 2012 and also served as the company's chief executive officer from 2004 to 2006. Mr. Scheid was an operating partner at Thoma Bravo, LLC, a private equity firm from 2008 to 2011. From 1996 to 2002, Mr. Scheid served in multiple senior executive positions for Charles Schwab Corporation. He was vice chairman of the Charles Schwab Corporation and president of the Schwab Retail Group. Prior to these roles, Mr. Scheid served as Schwab's chief financial officer and was the chief executive officer of Charles Schwab Investment Management. He served as the Federal Reserve Bank of San Francisco's representative on the Federal Advisory Council in Washington, D.C. from September 2000 to February 2002. Mr. Scheid is a certified public accountant and holds a B.S. in accounting from Michigan State University.
As the Lead Independent Director of NMI Inc, the total compensation of Steven Scheid at NMI Inc is $204,996. There are 9 executives at NMI Inc getting paid more, with Claudia Merkle having the highest compensation of $3,464,980.
Steven Scheid is 66, he's been the Lead Independent Director of NMI Inc since 2012. There are 3 older and 17 younger executives at NMI Inc. The oldest executive at NMI Holdings Inc is James Ozanne, 76, who is the Independent Director.
Steven's mailing address filed with the SEC is C/O NMI HOLDINGS, INC., 2100 POWELL STREET, 12TH FL., EMERYVILLE, CA, 94608.
Over the last 11 years, insiders at NMI Inc have traded over $86,762,599 worth of NMI Inc stock and bought 2,236,675 units worth $18,218,258 . The most active insiders traders include Road Asset Management, Llc ..., Bradley M Shuster, and John Brandon Hayman Capital.... On average, NMI Inc executives and independent directors trade stock every 17 days with the average trade being worth of $2,205,558. The most recent stock trade was executed by William J Leatherberry on 26 August 2024, trading 5,000 units of NMIH stock currently worth $200,200.
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NMI Inc executives and other stock owners filed with the SEC include: