Company: NODK
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001174947-25-001356
Chunk: 161

Company: NI Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part II, Item 1
Chunk 161
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 August 25,
2025, authorization during the nine months ended September 30, 2025.

Share repurchase activity during the three months
ended September 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) 
  
    July 1-31, 2025 
     38,021  
    $13.18  
     38,021  
    $1,551 
  
    August 1-31, 2025 
     28,091  
     12.88  
     28,091  
     6,189 
  
    September 1-30, 2025 
     21,087  
     13.63  
     21,087  
     5,900 
  
    Total 
     87,199  
    $13.19  
     87,199  
    $5,900 

(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 $900 under the May 9, 2022, publicly announced
share repurchase authorization and up to approximately $5,000 under the August 25, 2025, 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 third quarter
of 2025, none of our directors or executive officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted or