Form 8-K

8-K — NI Holdings, Inc.

Accession: 0002077096-26-000174

Filed: 2026-05-26

Period: 2026-05-19

CIK: 0001681206

SIC: 6331 (FIRE, MARINE & CASUALTY INSURANCE)

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Submission of Matters to a Vote of Security Holders

Documents

8-K — ea0292082-8k_niholding.htm (Primary)

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8-K — CURRENT REPORT

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities

Exchange Act of 1934

Date of Report (Date of earliest event reported): May

19, 2026

NI Holdings, Inc.

(Exact name of registrant as specified in its charter)

North Dakota

001-37973

81-2683619

(State or other jurisdiction

of incorporation)

(Commission File Number)

(I.R.S. Employer

Identification No.)

1101 First Avenue North

Fargo, North Dakota

(Address of principal executive offices)

58102

(Zip code)

(701) 298-4200

(Registrant’s telephone number, including

area code)

N/A

(Former name or former address, if changed since

last report.)

Check the appropriate box below if the Form 8-K filing is intended

to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction

A.2 below):

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b)

of the Securities Exchange Act of 1934:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.01 par value per share

NODK

Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth

company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange

Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant

has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant

to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Appointment of Non-employee Directors

On February 18, 2026, the Board of Directors (the “Board”) of NI Holdings, Inc. (the “Company”), increased the

size of the Board to eight directors and nominated Dana J. Kaldor and Callie J. Thomas to serve as directors subject to stockholder approval

at the Company’s 2026 Annual Meeting of Shareholders held on May 19, 2026 (the “Annual Meeting”), to serve until the

2027 Annual Meeting of Shareholders, or until their earlier death, disqualification, resignation, or removal. The Board has determined

that Mr. Kaldor and Ms. Thomas are independent directors under the listing standards of the Nasdaq Capital Market. Mr. Kaldor will serve

as a member of the Board’s Audit Committee and Nominating and Corporate Governance Committee. Ms. Thomas will serve as a member

of the Board’s Audit Committee and Compensation Committee.

There are no family relationships between Mr. Kaldor or Ms. Thomas and any director or executive officer of the Company, and Mr. Kaldor

and Ms. Thomas do not have a direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a)

of Regulation S-K.

Mr. Kaldor and Ms. Thomas

are eligible to receive the standard compensation received by non-employee directors, which compensation was last described in the Company’s

Definitive Proxy Statement filed with the Securities and Exchange Commission (the “SEC”) on April 8, 2026, and is incorporated

herein by reference. On May 20, 2026, Mr. Kaldor and Ms. Thomas were each granted 5,015 restricted stock units in connection with the

standard compensation program for non-employee directors.

Item 5.07. Submission of Matters to a Vote of Security Holders.

On May 19, 2026, the Company held its Annual Meeting. There were 19,263,812 shares of common stock represented at the Annual Meeting.

The shareholders voted as follows on the following matters at the Annual Meeting as to each proposal, including the number of broker non-votes

and including a separate tabulation with respect to each nominee for director:

Proposal 1: Election of Directors. The eight directors were

elected at the Annual Meeting for a one-year term based on the following votes:

Director Nominee

Votes For

Votes Withheld

Broker Non-Votes

Eric K. Aasmundstad

15,693,164

2,734,263

836,385

William R. Devlin

15,685,957

2,741,470

836,385

Dana J. Kaldor

17,404,939

1,022,488

836,385

Cindy L. Launer

18,226,070

201,357

836,385

Prakash Mathew

15,731,192

2,696,235

836,385

Jeffrey R. Missling

15,760,847

2,666,580

836,385

Dave L. Stende

15,777,248

2,650,179

836,385

Callie J. Thomas

17,486,709

940,718

836,385

Proposal 2: Ratification of Appointment of Independent Registered

Public Accounting Firm. The appointment of Forvis Mazars, LLP as the independent registered public accounting firm for the Company

for the fiscal year ending December 31, 2026, was ratified based upon the following votes:

Votes For

Votes Against

Abstentions

19,134,720

92,312

36,780

Proposal 3: Advisory Vote to Approve the Compensation of our Named

Executive Officers. The Company’s executive compensation was approved by a non-binding advisory vote based upon the following

votes:

Votes For

Votes Against

Abstentions

Broker Non-Votes

17,176,881

1,244,892

5,654

836,385

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934,

the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

NI Holdings, Inc.

Date: May 26, 2026

By:

/s/ Cindy L. Launer

Cindy L. Launer

President and Chief Executive Officer

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