SCHEDULE 13G: The Davis Trust Discloses 7.2% Stake in UWM Holdings Corporation

The Davis Trust #3, along with Glenn and Lynne Carlson, has disclosed a beneficial ownership of 7.2% of UWM Holdings Corporation's Class A Common Stock.

Summary

• The Davis Trust #3, Glenn Carlson, and Lynne Carlson collectively reported beneficial ownership of 12,228,813 shares of UWM Holdings Corporation's Class A Common Stock.
• This ownership represents 7.2% of the Class A Common Stock outstanding.
• The shares were acquired by The Davis Trust from SFS Holding Corp. as part of a private transaction that closed in March 2025.
• Glenn Carlson and Lynne Carlson serve as co-trustees of The Davis Trust and are deemed to have shared voting, investment, and dispositive power over these securities.
• The percentage is calculated based on approximately 157,975,819 Class A shares outstanding as of February 24, 2025, derived from the Issuer's Annual Report on Form 10-K for the year ended December 31, 2024, plus the 12,228,813 shares issued to The Davis Trust.

Sentiment

Score: 5

Explanation: Neutral. This is a factual disclosure of beneficial ownership and does not contain information that would inherently sway sentiment positively or negatively regarding the company's operational performance or future prospects.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding UWM Holdings Corporation's future performance or outlook.

Management Comments

• The reporting persons certified that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 240.14a-11.

Industry Context

This filing is a disclosure of a significant ownership stake in UWM Holdings Corporation, a company operating in the mortgage and financial services industry. The document itself does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• The disclosure of a significant beneficial ownership stake may influence investor perception regarding the stability of the shareholder base.

Key Dates

Keywords

UWM Holdings Corporation, Class A Common Stock, Schedule 13G, Beneficial Ownership, The Davis Trust, Glenn Carlson, Lynne Carlson, SFS Holding Corp., Private Transaction, Mortgage, Financial Services