Form 4: UWM Holdings Corp Executive Alex Elezaj Reports Stock Transactions
SEC Form 4 Filing
Alex Elezaj, EVP and Chief Strategy Officer of UWM Holdings Corp, reports the settlement of Restricted Stock Units (RSUs) and associated tax withholding.
Summary
- On March 1, 2024, Alex Elezaj, EVP and Chief Strategy Officer of UWM Holdings Corp, settled 15,021 Restricted Stock Units (RSUs) for an equal number of Class A Common Stock.
- The reporting person also had 4,925 shares withheld by the company to cover minimum withholding obligations at a price of $6.57 per share.
- Following these transactions, Elezaj directly owns 296,687 shares of Class A Common Stock.
- Elezaj also holds 8,606 Restricted Stock Units that vest on March 1, 2025.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting required insider trading information. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the issuance of shares related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of RSU settlement and tax withholding. |
| 03/01/2025 | Vesting date for remaining 8,606 Restricted Stock Units. |
| 03/05/2024 | Date of Form 4 filing. |
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