Form 4: Guild Holdings CEO Terry Lynn Schmidt Discloses Routine Stock Disposition for Tax Obligations

Guild Holdings Co. CEO and Director Terry Lynn Schmidt reported a disposition of 6,415 Class A Common Stock shares to cover tax withholding obligations, maintaining significant beneficial ownership.

Summary

• Terry Lynn Schmidt, CEO, Director, and 10% Owner of Guild Holdings Co. (GHLD), reported a transaction on July 1, 2025.
• The transaction involved the disposition of 6,415 shares of Class A Common Stock.
• The shares were disposed of at a price of $19.79 per share.
• This disposition was made to satisfy tax withholding obligations, indicated by transaction code 'F'.
• Following this transaction, Terry Lynn Schmidt beneficially owns 2,875,328 shares of Class A Common Stock directly.
• The reported beneficial ownership includes dividend equivalent units (DEUs) paid on outstanding Restricted Stock Units (RSUs), which are subject to the same terms as the underlying RSUs.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary disposition of shares for tax purposes, which typically has a neutral impact on sentiment.

Future Outlook

NA

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction, specifically a disposition of shares to cover tax obligations. Such transactions are common and do not typically reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: The transaction is a routine tax-related disposition by a key executive and is unlikely to have a significant direct impact on shareholders beyond the disclosure of a minor change in beneficial ownership.

Key Dates

Keywords

Guild Holdings Co, GHLD, Terry Lynn Schmidt, CEO, Director, Insider Transaction, Form 4, Stock Disposition, Beneficial Ownership, Tax Withholding