Form 4: Guild Holdings Co: Director Terry Lynn Schmidt Reports Acquisition of Dividend Equivalent Units
SEC Form 4
Director Terry Lynn Schmidt reports the acquisition of 7,440 dividend equivalent units (DEUs) of Guild Holdings Co on March 31, 2025.
Summary
- On March 31, 2025, Terry Lynn Schmidt, a director, 10% owner, and CEO of Guild Holdings Co, acquired 7,440 dividend equivalent units (DEUs) at a price of $0.
- These DEUs are related to outstanding Restricted Stock Units (RSUs) and have the same terms.
- Following this transaction, Schmidt's total holdings amount to 2,783,371 shares of Class A Common Stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and insider confidence, but it's not a major event.
Positives
- The acquisition of dividend equivalent units reflects ongoing compensation and alignment with company performance.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Acquisition of dividend equivalent units |
| 04/02/2025 | Date of signature on the Form 4 filing |
Keywords
Guild Holdings Co, Terry Lynn Schmidt, Dividend Equivalent Units, DEUs, Class A Common Stock, Director, CEO, RSUs, Beneficial Ownership, Form 4
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