Form 4: UWM Holdings Corp Executive Laura Lawson Reports Stock Transactions
SEC Form 4 Filing
Laura Lawson, EVP and Chief People Officer at UWM Holdings Corp, reports the settlement of restricted stock units and shares withheld for tax obligations.
Summary
- On March 1, 2024, Laura Lawson, EVP and Chief People Officer of UWM Holdings Corp, reported transactions involving Class A Common Stock.
- 10,014 Restricted Stock Units (RSUs) were settled for an equal number of Class A Common Stock.
- 2,915 shares were withheld by the company to meet minimum withholding obligations at a price of $6.57 per share.
- Following these transactions, Lawson directly owns 47,811 shares of Class A Common Stock.
- Lawson also holds 5,738 Restricted Stock Units that vest on March 1, 2025.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports stock transactions by an executive, which is a normal part of corporate governance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common and expected for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders as they represent routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of RSU settlement and share withholding. |
| 03/02/2024 | Date RSUs vested. |
| 03/01/2025 | Date remaining RSUs vest. |
| 03/05/2024 | Date of Form 4 filing. |
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