Form 4: UWM Holdings Corp Executive Melinda Wilner Reports Stock Transactions

Melinda Wilner, EVP and COO of UWM Holdings Corp, reports the settlement of restricted stock units and shares withheld for tax obligations.

Summary

• On March 1, 2024, Melinda Wilner, EVP and COO of UWM Holdings Corp, reported transactions involving Class A Common Stock.
• 16,356 Restricted Stock Units (RSUs) were settled for an equal number of Class A Common Stock.
• 4,760 shares were withheld by the company to meet minimum withholding obligations at a price of $6.57 per share.
• Following these transactions, Wilner directly owns 52,270 shares of Class A Common Stock and indirectly owns 1,000 shares held by her spouse.
• 9,371 Restricted Stock Units remain, vesting on March 1, 2025.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.

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 executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the number of shares held by an executive.

Key Dates