<SEC-DOCUMENT>0001104659-23-064400.txt : 20230525
<SEC-HEADER>0001104659-23-064400.hdr.sgml : 20230525
<ACCEPTANCE-DATETIME>20230525090042
ACCESSION NUMBER:		0001104659-23-064400
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20230524
FILED AS OF DATE:		20230525
DATE AS OF CHANGE:		20230525

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Devlin William Russell
		CENTRAL INDEX KEY:			0001700648

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37973
		FILM NUMBER:		23956517

	MAIL ADDRESS:	
		STREET 1:		1101 FIRST AVENUE NORTH
		CITY:			FARGO
		STATE:			ND
		ZIP:			58102

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NI Holdings, Inc.
		CENTRAL INDEX KEY:			0001681206
		STANDARD INDUSTRIAL CLASSIFICATION:	FIRE, MARINE & CASUALTY INSURANCE [6331]
		IRS NUMBER:				812683619
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1101 FIRST AVENUE NORTH
		CITY:			FARGO
		STATE:			ND
		ZIP:			58102
		BUSINESS PHONE:		701-298-4200

	MAIL ADDRESS:	
		STREET 1:		1101 FIRST AVENUE NORTH
		CITY:			FARGO
		STATE:			ND
		ZIP:			58102
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>tm2316922-3_4seq1.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0407</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2023-05-24</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001681206</issuerCik>
        <issuerName>NI Holdings, Inc.</issuerName>
        <issuerTradingSymbol>NODK</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001700648</rptOwnerCik>
            <rptOwnerName>Devlin William Russell</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1101 FIRST AVENUE NORTH</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>FARGO</rptOwnerCity>
            <rptOwnerState>ND</rptOwnerState>
            <rptOwnerZipCode>58102</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2023-05-24</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>3800</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>24400</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">These shares are represented by restricted stock units.</footnote>
        <footnote id="F2">Includes restricted stock units.</footnote>
        <footnote id="F3">These shares include 1,500 restricted stock units that will be deferred until after separation from service.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Timothy J. Milius</signatureName>
        <signatureDate>2023-05-25</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
