Form 4: UWM Holdings Corp Executive Andrew Hubacker Reports Stock Transactions

Andrew Hubacker, EVP, CFO and CAO of UWM Holdings Corp, reports the vesting and settlement of restricted stock units and shares withheld for tax obligations.

Summary

• On February 28, 2025, Andrew Hubacker, EVP, CFO and CAO of UWM Holdings Corp, reported transactions involving Class A Common Stock.
• 5,738 Restricted Stock Units (RSUs) vested and were settled for an equal number of Class A Common Stock at a price of $6.28.
• 1,670 shares were withheld by the company to meet minimum withholding obligations, also at $6.28.
• Following these transactions, Hubacker beneficially owns 35,121 shares of Class A Common Stock.
• Hubacker also holds 329,309 RSUs vesting on August 30, 2031, 7,500 RSUs vesting in September 2025 and 2026, and 10,675 RSUs vesting on March 1, 2026.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document is a standard regulatory filing detailing stock transactions. It doesn't inherently indicate positive or negative performance.

Positives

• The vesting of RSUs indicates a form of compensation and alignment of the executive's interests with the company's performance.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions and holdings in the company.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates