NI Holdings NODK Insider Ownership

NASDAQ NODK

$14.72 -0.03 (-0.21%)

As of: Oct 21, 2026 · 11:11 AM EDT

Insider Holdings by Owner

820.50K Shares

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

2.24%

■0% pp QoQ

Shares Held by Insiders

465.50K

filed for Sep 2026

■0.00% QoQ

Shares Outstanding

20.81Mn

20,811,048 shares

Direct Holdings

465.50K

Indirect: 0

Net Shares Traded (QoQ)

no net change in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Insiders

Bought Sold

Latest quarter —

Net over range —

Buying quarters —

Insider Ownership Summary

Updated Oct 10, 2026

In the last 12 months, insiders at NI Holdings neither bought nor sold shares on the open market.

Away from the open market, NODK insiders received 118.19K shares in stock awards and gave up 5.76K shares to cover taxes or exercise prices over the last 12 months.
Business Quant data shows NI Holdings insiders holding 465.5K shares in total in their latest Form 4 filings, unchanged from 465.5K shares at the end of Q2 2026.
All of the 465.5K shares held by NI Holdings insiders are held directly, none through trusts, partnerships or other entities.
Per Business Quant, 13 insiders of NODK hold shares, counting officers, directors and 10% owners who have filed a Form 4 in the past two years.
NI Holdings' top three insider holders by shares held are Cindy Launer (Chief Executive Officer, 90.8K shares), Seth C. Daggett (Chief Executive Officer, 90.42K shares) and Matthew James Maki (Chief Financial Officer, 61.72K shares).
Cindy Launer alone accounts for 19.51% of the shares held by NI Holdings insiders.
Institutions held 24.51% of NI Holdings' outstanding shares in their Q2 2026 13F filings, insiders about 2.24% based on their latest Form 4 filings, and other investors, including the public, the remaining 73.25%.
In the past year, 11 insiders of NI Holdings submitted 15 Form 4 filings reporting trades, awards or other transactions.
The insider holdings and trades above for NI Holdings reflect Form 4 filings through May 21, 2026.

Form 4 Holdings

Insiders Holding NODK

Insiders 17

Shares held 820.50K

Of outstanding 3.94%

#	Insider	Position	Direct	Total	Share of Insiders	Last Filed
1	Michael J. Alexander	President Ceo	261,962	261,962	31.9%	08 Mar, 2024
2	Cindy Launer	Chief Executive Officer	90,800	90,800	11.1%	03 Mar, 2026
3	Seth C. Daggett	Chief Executive Officer	90,420	90,420	11.0%	05 Mar, 2025
4	Matthew James Maki	Chief Financial Officer	61,723	61,723	7.5%	03 Mar, 2026
5	Patrick W. Duncan	Svp, Operations	44,003	44,003	5.4%	08 Mar, 2024
6	Eric K. Aasmundstad	Director	41,153	41,153	5.0%	21 May, 2026
7	William Russell Devlin	Director	36,739	36,739	4.5%	21 May, 2026
8	Duaine Espegard	Director	36,724	36,724	4.5%	23 May, 2025
9	Jeffrey R. Missling	Director	32,739	32,739	4.0%	21 May, 2026
10	Stephen V. Marlow	Director	25,300	25,300	3.1%	23 May, 2024
11	Timothy J. Milius	Vp/Chief Acct. Off/Corp. Secy	23,730	23,730	2.9%	01 Mar, 2022
12	Kevin Douglas Elfstrand	Chief Accounting Officer	23,243	23,243	2.8%	03 Mar, 2026
13	Prakash Mathew	Director	16,139	16,139	2.0%	21 May, 2026
14	Douglas Alan Duncan	Chief Information Officer	11,100	11,100	1.4%	03 Mar, 2026
15	Dana John Kaldor	Director	10,767	10,767	1.3%	21 May, 2026
16	Dave L. Stende	Director	8,939	8,939	1.1%	21 May, 2026
17	Callie Jean Thomas	Director	5,015	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.

Form 4 Filings

148 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
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
20 May, 2026	William Russell Devlin	Director	Acquired A	5,015	$0.00	$0	36,739	Direct
20 May, 2026	Dana John Kaldor	Director	Acquired A	5,015	$0.00	$0	10,767	Direct
20 May, 2026	Eric K. Aasmundstad	Director	Acquired A	5,015	$0.00	$0	41,153	Direct
20 May, 2026	Jeffrey R. Missling	Director	Acquired A	5,015	$0.00	$0	32,739	Direct
02 Mar, 2026	Douglas Alan Duncan	Chief Information Officer	Acquired A	11,100	$0.00	$0	11,100	Direct
02 Mar, 2026	Cindy Launer	Chief Executive Officer	Acquired A	56,000	$0.00	$0	90,800	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
01 Mar, 2026	Matthew James Maki	Chief Financial Officer	Disposed F	1,588	$13.28	$21.09K	39,023	Direct
01 Mar, 2026	Kevin Douglas Elfstrand	Chief Accounting Officer	Disposed F	479	$13.28	$6.36K	13,943	Direct
02 Mar, 2026	Kevin Douglas Elfstrand	Chief Accounting Officer	Acquired A	9,300	$0.00	$0	23,243	Direct
02 Mar, 2026	Matthew James Maki	Chief Financial Officer	Acquired A	22,700	$0.00	$0	61,723	Direct
03 Feb, 2026	Matthew James Maki	Chief Financial Officer	Disposed F	119	$13.57	$1.61K	43,082	Direct
01 Dec, 2025	Matthew James Maki	Chief Financial Officer	Disposed F	111	$13.32	$1.48K	42,514	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
21 May, 2025	Dave L. Stende	Director	Acquired A	3,924	$0.00	$0	3,924	Direct

Showing 1 to 20 of 148 transactions