Stephen P. Theobald - 02 Feb 2023 Form 4 Insider Report for Walker & Dunlop, Inc. (WD)

Role: EVP & Chief Operating Officer
Signature: /s/ Daniel J. Groman, Attorney-in-fact
Issuer symbol: WD
Transactions as of: 02 Feb 2023
Net transactions value: -$1,290,374
Form type: 4
Filing time: 06 Feb 2023, 16:00:49 UTC
Previous filing: 19 Jan 2023
Next filing: 17 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WD	Common Stock	Options Exercise	$264,207	+15,496	+35%	$17.05^*	59,195	02 Feb 2023	Direct
transaction	WD	Common Stock	Sale	$1,554,580	-15,496	-26%	$100.32	43,699	02 Feb 2023	Direct	F1, F2
holding	WD	Common Stock						38,219	02 Feb 2023	By Family LLC

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WD	Stock Options (right to buy)	Options Exercise	$0	-15,496	-100%	$0.000000^*	0	02 Feb 2023	Common Stock	15,496	$17.05	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 1, 2022.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.00 to $100.855. The reporting person undertakes to provide Walker & Dunlop, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Content

The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 1, 2022.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.00 to $100.855. The reporting person undertakes to provide Walker & Dunlop, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.