NI Holdings's top three insider shareholders as of August 29, 2026 are Michael J. Alexander (President Ceo, 261.96K shares), Cindy Launer (Chief Executive Officer, 90.80K shares), Seth C. Daggett (Chief Executive Officer, 90.42K shares).
| # | Insider | Position | Direct | Indirect | Total | Share of Insiders | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Michael J. Alexander | President Ceo | 261,962 | 0 | 261,962 | 31.9% | 08 Mar, 2024 |
| 2 | Cindy Launer | Chief Executive Officer | 90,800 | 0 | 90,800 | 11.1% | 03 Mar, 2026 |
| 3 | Seth C. Daggett | Chief Executive Officer | 90,420 | 0 | 90,420 | 11.0% | 05 Mar, 2025 |
| 4 | Matthew James Maki | Chief Financial Officer | 61,723 | 0 | 61,723 | 7.5% | 03 Mar, 2026 |
| 5 | Patrick W. Duncan | Svp, Operations | 44,003 | 0 | 44,003 | 5.4% | 08 Mar, 2024 |
| 6 | Eric K. Aasmundstad | Director | 41,153 | 0 | 41,153 | 5.0% | 21 May, 2026 |
| 7 | William Russell Devlin | Director | 36,739 | 0 | 36,739 | 4.5% | 21 May, 2026 |
| 8 | Duaine Espegard | Director | 36,724 | 0 | 36,724 | 4.5% | 23 May, 2025 |
| 9 | Jeffrey R. Missling | Director | 32,739 | 0 | 32,739 | 4.0% | 21 May, 2026 |
| 10 | Stephen V. Marlow | Director | 25,300 | 0 | 25,300 | 3.1% | 23 May, 2024 |
| 11 | Timothy J. Milius | Vp/Chief Acct. Off/Corp. Secy | 23,730 | 0 | 23,730 | 2.9% | 01 Mar, 2022 |
| 12 | Kevin Douglas Elfstrand | Chief Accounting Officer | 23,243 | 0 | 23,243 | 2.8% | 03 Mar, 2026 |
| 13 | Prakash Mathew | Director | 16,139 | 0 | 16,139 | 2.0% | 21 May, 2026 |
| 14 | Douglas Alan Duncan | Chief Information Officer | 11,100 | 0 | 11,100 | 1.4% | 03 Mar, 2026 |
| 15 | Dana John Kaldor | Director | 10,767 | 0 | 10,767 | 1.3% | 21 May, 2026 |
| 16 | Dave L. Stende | Director | 8,939 | 0 | 8,939 | 1.1% | 21 May, 2026 |
| 17 | Callie Jean Thomas | Director | 5,015 | 0 | 5,015 | 0.6% | 21 May, 2026 |
Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.
| Date | Insider | Position | Transaction | Shares | Price | Value | Shares Held After | Ownership |
|---|---|---|---|---|---|---|---|---|
| 20 May, 2026 | Dana John Kaldor | Director | Acquired A | 5,015 | $0.00 | $0 | 10,767 | Direct |
| 20 May, 2026 | William Russell Devlin | Director | Acquired A | 5,015 | $0.00 | $0 | 36,739 | Direct |
| 20 May, 2026 | Jeffrey R. Missling | Director | Acquired A | 5,015 | $0.00 | $0 | 32,739 | Direct |
| 20 May, 2026 | Eric K. Aasmundstad | Director | Acquired A | 5,015 | $0.00 | $0 | 41,153 | Direct |
| 20 May, 2026 | Callie Jean Thomas | Director | Acquired A | 5,015 | $0.00 | $0 | 5,015 | Direct |
| 20 May, 2026 | Prakash Mathew | Director | Acquired A | 5,015 | $0.00 | $0 | 16,139 | Direct |
| 20 May, 2026 | Dave L. Stende | Director | Acquired A | 5,015 | $0.00 | $0 | 8,939 | Direct |
| 02 Mar, 2026 | Douglas Alan Duncan | Chief Information Officer | Acquired A | 11,100 | $0.00 | $0 | 11,100 | Direct |
| 28 Feb, 2026 | Kevin Douglas Elfstrand | Chief Accounting Officer | Disposed F | 873 | $13.28 | $11.59K | 14,422 | Direct |
| 28 Feb, 2026 | Matthew James Maki | Chief Financial Officer | Disposed F | 2,471 | $13.28 | $32.81K | 40,611 | Direct |
| 02 Mar, 2026 | Cindy Launer | Chief Executive Officer | Acquired A | 56,000 | $0.00 | $0 | 90,800 | Direct |
| 01 Mar, 2026 | Kevin Douglas Elfstrand | Chief Accounting Officer | Disposed F | 479 | $13.28 | $6.36K | 13,943 | Direct |
| 01 Mar, 2026 | Matthew James Maki | Chief Financial Officer | Disposed F | 1,588 | $13.28 | $21.09K | 39,023 | Direct |
| 02 Mar, 2026 | Matthew James Maki | Chief Financial Officer | Acquired A | 22,700 | $0.00 | $0 | 61,723 | Direct |
| 02 Mar, 2026 | Kevin Douglas Elfstrand | Chief Accounting Officer | Acquired A | 9,300 | $0.00 | $0 | 23,243 | Direct |
| 03 Feb, 2026 | Matthew James Maki | Chief Financial Officer | Disposed F | 119 | $13.57 | $1.61K | 43,082 | Direct |
| 02 Jan, 2026 | Matthew James Maki | Chief Financial Officer | Disposed F | 115 | $13.27 | $1.53K | 43,201 | Direct |
| 01 Dec, 2025 | Cindy Launer | Chief Executive Officer | Acquired A | 14,076 | $0.00 | $0 | 34,800 | Direct |
| 01 Dec, 2025 | Matthew James Maki | Chief Financial Officer | Disposed F | 111 | $13.32 | $1.48K | 42,514 | Direct |
| 21 May, 2025 | Dave L. Stende | Director | Acquired A | 3,924 | $0.00 | $0 | 3,924 | Direct |