NI Holdings, Inc. (NODK) 8-K Summary
Material Event: Completion of Separation Agreement following CEO termination.
- Executive Change: Formalized the departure of former President/CEO Seth C. Daggett via a Separation Agreement dated October 29, 2025.
- Financial Impact: The Company agreed to pay Mr. Daggett:
- Severance: $2,559,947
- Health Coverage Cost: $72,968.49 (24 months)
- Contingency: The agreement is subject to a seven-day revocation period by Mr. Daggett following execution.
...The payments are being made to comply with the terms of Mr.