Company: NODK
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001174947-25-001142
Chunk: 338

Company: NI Holdings, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part II, Item 1A
Chunk 338
---
 stock for $7,278, including the effect from applicable excise taxes. During
the year ended December 31, 2024, or the six months ended June 30, 2025, we did not repurchase any shares of our common stock. At June
30, 2025, $2,052 remains available under this authorization.

Share repurchase activity during the three months
ended June 30, 2025, is presented below:

    Period in 2025 
    Total Number of 
Shares 
Purchased  
    Average Price
    Paid
    Per Share (3)  
    Total Number of 
    Shares Purchased 
    as Part of Publicly 
    Announced Plans 
    or Programs (1)  
    Maximum Approximate 
    Dollar Value of Shares 
    That May Yet Be 
    Purchased Under the 
    Plans or Programs (2) 
    (in thousands) 
  
    April 1-30, 2025 
     —  
    $—  
     —  
    $2,052 
  
    May 1-31, 2025 
     —  
     —  
     —  
     2,052 
  
    June 1-30, 2025 
     —  
     —  
     —  
     2,052 
  
    Total 
     —  
    $—  
     —  
    $2,052 

(1)Shares purchased pursuant to the May 9, 2022, publicly announced share repurchase authorization of up to approximately $10,000 of
the Company’s outstanding common stock.

(2)Maximum dollar value of shares that may yet be purchased consist of up to approximately $2,052 under the May 9, 2022, publicly announced
share repurchase authorization.

(3)The Inflation Reduction Act of 2022 imposed a 1% excise tax on the net value of certain share repurchases made after December 31,
2022. All dollar amounts presented exclude such excise taxes, as applicable.

Item 3. - Defaults upon Senior Securities

Not Applicable

Item 4. - Mine Safety Disclosures

Not Applicable

Item 5. - Other Information

10b5-1 Trading Plans

During the second quarter of
2025, none of our directors or executive officers (as