The estimated Net Worth of Michael Curry Montgomery is at least $2.93 Million dollars as of 14 May 2024. Mr. Montgomery owns over 2,340 units of NMI Inc stock worth over $2,498,247 and over the last 11 years he sold NMIH stock worth over $235,410. In addition, he makes $197,496 as Independent Director at NMI Inc.
Michael has made over 12 trades of the NMI Inc stock since 2014, according to the Form 4 filled with the SEC. Most recently he sold 2,340 units of NMIH stock worth $92,056 on 14 May 2024.
The largest trade he's ever made was exercising 37,813 units of NMI Inc stock on 9 September 2022 worth over $378,130. On average, Michael trades about 5,788 units every 182 days since 2014. As of 14 May 2024 he still owns at least 63,504 units of NMI Inc stock.
You can see the complete history of Mr. Montgomery stock trades at the bottom of the page.
Michael Montgomery serves as Independent Director of the Company. He has served on the boards of directors for numerous regulated entities, including FDIC-insured banks, mortgage origination companies, mortgage servicing companies, broker dealers and investment advisers. Mr. Montgomery was a member of the boards of directors of Barclays Bank Delaware from 2005 until 2012 and of Barclays Capital Inc. and Barclays Group US, Inc. from 2002 to 2012. From April 2013 to September 2018, Mr. Montgomery served Glendon Capital Management as its chief compliance officer. From July 2010 to April 2013 Mr. Montgomery served as chief compliance officer of Barclays Asset Management Group LLC. Previously, Mr. Montgomery served as chief executive officer of Barclays Group US, Inc. the top-tier U.S. holding company for Barclays from 2003 to 2010, and he has significant experience as an audit committee member. From July 2006 to July 2010, he served as chief administrative officer of Mortgage Origination and Servicing at Barclays Capital, a position in which he managed mortgage origination and servicing activities and coordinated the underwriting, production, warehousing and servicing functions with its New York-based asset securitization business. From 1998 to 2000 Mr. Montgomery served as chief financial officer for Deutsche Bank Securities Inc. He served in various positions at Goldman Sachs & Co. from 1987 to 1998, including as vice-president of UK Regulatory Reporting, vice-president of Subsidiary Accounting, vice-president and director of Regulatory Reporting and chief financial officer of Goldman Sachs Canada. Mr. Montgomery has also previously held operating roles as chief financial officer and chief administrative officer and has served on several industry-wide committees for the Securities Industry Association, the Bond Market Association and the Public Securities Association. Mr. Montgomery earned a B.A. in economics and French literature from the University of Virginia and a J.D. from Georgetown University Law Center.
As the Independent Director of NMI Inc, the total compensation of Michael Montgomery at NMI Inc is $197,496. There are 13 executives at NMI Inc getting paid more, with Claudia Merkle having the highest compensation of $3,464,980.
Michael Montgomery is 64, he's been the Independent Director of NMI Inc since 2012. There are 6 older and 15 younger executives at NMI Inc. The oldest executive at NMI Holdings Inc is James Ozanne, 76, who is the Independent Director.
Michael'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: