Form 4: UWM Holdings Corp Executive Adam Wolfe Reports Stock Transactions

Adam Wolfe, EVP, CLO & Chief Admin Officer of UWM Holdings Corp, reports the vesting and settlement of Restricted Stock Units (RSUs) and shares withheld for tax obligations.

Summary

• On February 28, 2025, Adam Wolfe, EVP, CLO & Chief Admin Officer of UWM Holdings Corp, reported transactions involving Class A Common Stock.
• 1,171 Restricted Stock Units (RSUs) vested and were settled for an equal number of Class A Common Stock at a price of $6.28.
• Additionally, 403 shares were withheld by the company to meet minimum withholding obligations, also at $6.28 per share.
• Following these transactions, Wolfe directly owns 17,211 shares of Class A Common Stock.
• Wolfe also holds 219,539 RSUs that vest on August 30, 2031, and 2,773 RSUs that vest on March 1, 2026.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, and it doesn't inherently convey positive or negative sentiment. It's a neutral disclosure of information.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve a relatively small number of shares compared to the total outstanding shares of UWM Holdings Corp.

Key Dates