Form 4: Guild Holdings Director Sells All Shares Post-Merger

Guild Holdings Co. Director and 10% owner Mary Ann McGarry disposed of all her beneficial ownership following the company's merger at $20.00 per share.

Summary

• Mary Ann McGarry, a Director and 10% owner of Guild Holdings Co. (GHLD), reported the disposition of all her beneficial ownership in the company.
• This disposition occurred on November 28, 2025, following the merger agreement dated June 17, 2025.
• Under the merger agreement, all outstanding shares of Guild Holdings Co. common stock were converted into the right to receive $20.00 per share in cash.
• McGarry disposed of 332,790 shares of Class A Common Stock.
• Additionally, 45,880 Restricted Stock Units (RSUs), 5,738 Dividend Equivalent Units (DEUs), another 7,763 RSUs, and 98 DEUs were canceled and converted into the right to receive the $20.00 per share merger consideration.
• Following these transactions, McGarry's beneficial ownership in Guild Holdings Co. is 0.

Sentiment

Score: 5

Explanation: The filing is a factual report of a completed transaction (disposition of shares due to a merger) and does not contain forward-looking statements or new operational information that would significantly alter sentiment.

Positives

• Mary Ann McGarry received a cash payment of $20.00 per share for all her equity holdings, including common stock, RSUs, and DEUs, totaling 392,269 units.
• The merger provided a clear liquidity event for all shareholders at a fixed price.

Negatives

• Mary Ann McGarry no longer holds any equity interest in Guild Holdings Co., eliminating any potential for future capital appreciation from the company.
• Guild Holdings Co. ceased to be an independent publicly traded entity.

Risks

• For the former shareholders, the primary risk is the loss of future participation in any potential growth or upside of Guild Holdings Co. as an independent entity.
• The fixed cash consideration means shareholders did not benefit from any post-merger performance improvements.

Future Outlook

Guild Holdings Co. has been acquired and is no longer an independent publicly traded entity; therefore, future outlook as a standalone company is not applicable.

Industry Context

This is a standard post-merger insider transaction report, reflecting the final disposition of equity holdings by a director and significant owner following a company's acquisition. Such filings are common after a company ceases to be publicly traded.

Stakeholder Impact

• Shareholders received a cash payout of $20.00 per share, providing a definitive exit and liquidity for their investment.
• Mary Ann McGarry, as a director and significant shareholder, fully divested her holdings, concluding her financial interest in the company.
• The company's status as a publicly traded entity ceased, impacting its market presence and investor base.

Key Dates

Keywords

Guild Holdings Co, GHLD, Merger, Acquisition, Form 4, Insider Transaction, Beneficial Ownership, Director, 10% Owner, Stock Sale, RSU, DEU