Form 4: Walker & Dunlop Executive Lucas Richard M Reports Changes in Beneficial Ownership
SEC Form 4 Filing
EVP & Gen Counsel & Secretary Lucas Richard M reports transactions involving Walker & Dunlop common stock and derivative securities.
Summary
- On March 15, 2024, Lucas Richard M, EVP & Gen Counsel & Secretary of Walker & Dunlop, engaged in transactions involving common stock and derivative securities of the company.
- These transactions included the acquisition of 5,758.62 shares of common stock upon the settlement of deferred stock units and restricted stock units.
- Additionally, 2,511 shares were disposed of to cover tax obligations at a price of $89.53 per share.
- Following these transactions, Lucas Richard M beneficially owns 137,473.829 shares of Walker & Dunlop common stock.
- The transactions also involved deferred stock units, restricted stock units, and dividend equivalent rights, which were settled in shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It is a standard practice for executives to receive and trade company stock as part of their compensation.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transactions involving common stock and derivative securities. |
| 03/19/2024 | Date of signature by Attorney-in-fact Daniel J. Groman. |
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