Form 4: UWM Holdings Corp Director Stacey Coopes Reports Acquisition of Shares

Director Stacey Coopes reports acquiring 3,782 shares of UWM Holdings Corp Class A Common Stock as part of an annual equity award.

Summary

• Stacey Coopes, a director of UWM Holdings Corp, filed a Form 4 on November 4, 2024, reporting a transaction that occurred on October 31, 2024.
• Coopes acquired 3,782 shares of Class A Common Stock at a price of $0.
• This acquisition was part of an annual equity award granted under the 2020 Omnibus Incentive Plan.
• The shares were fully vested upon grant.
• Following the transaction, Coopes directly owns 5,366 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. A director acquiring shares is generally a good sign, indicating confidence in the company's future. The award being part of an existing plan makes it expected.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.
• The equity award serves as an incentive for the director to contribute to the company's success.

Industry Context

Director share acquisitions are common and are viewed as a positive sign.

Stakeholder Impact

• The acquisition of shares by a director may positively influence shareholder sentiment.

Key Dates