Form 4: Guild Holdings CFO Converts Equity to Cash Post-Merger

Guild Holdings Co.'s Senior VP & CFO, Desiree Amber Kramer, converted all her beneficial ownership in common stock, RSUs, PSUs, and DEUs into cash following the company's merger agreement.

Summary

• Reporting Person Desiree Amber Kramer, Sr VP & CFO of Guild Holdings Co. (GHLD), reported changes in beneficial ownership.
• On November 28, 2025, all her Class A Common Stock (201,361 shares), Performance Stock Units (9,360 units), Restricted Stock Units (totaling 60,881 units), and associated Dividend Equivalent Units (totaling 3,667 units) were disposed of.
• This disposition was a direct result of a Merger Agreement entered into on June 17, 2025, where all outstanding shares and equity awards were converted into the right to receive $20.00 per share in cash.
• Following these transactions, Desiree Amber Kramer holds 0 beneficial ownership in Guild Holdings Co. securities.

Sentiment

Score: 7

Explanation: Neutral to positive for the reporting person, as it represents a successful monetization of equity holdings at a fixed, known price due to a merger. For the company, it signifies the completion of a significant corporate event.

Positives

• The reporting person received a cash payout of $20.00 per share for all her common stock and equity awards, providing significant liquidity.
• The transaction represents a clear monetization of equity holdings at a predetermined, fixed value.

Negatives

• The reporting person no longer holds any equity in Guild Holdings Co., eliminating any future upside potential from the company's performance.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This Form 4 reports a standard insider transaction following a merger, which is a common event in the financial industry when a company is acquired. It reflects the finalization of equity conversion for executives as part of the acquisition process.

Stakeholder Impact

• Shareholders: All shareholders (including the reporting person) received $20.00 per share in cash, concluding their investment in Guild Holdings Co.
• Employees: Employees holding similar equity awards would also have their awards converted to cash under the same merger terms.

Key Dates

Keywords

Guild Holdings, GHLD, Form 4, SEC Filing, Insider Transaction, Beneficial Ownership, Merger Agreement, Cash Out, Equity Conversion, Desiree Amber Kramer, CFO