Richard M. Lucas - Mar 23, 2023 Form 4 Insider Report for Walker & Dunlop, Inc. (WD)

Role: EVP & Gen Counsel & Secretary
Signature: /s/ Daniel J. Groman, Attorney-in-fact
Stock symbol: WD
Transactions as of: Mar 23, 2023
Transactions value $: -$726
Form type: 4
Date filed: 3/27/2023, 05:31 PM
Previous filing: Mar 17, 2023
Next filing: Jun 6, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WD	Common Stock	Award	$0	+20.6	+0.01%	$0.00	154K	Mar 23, 2023	Direct
transaction	WD	Common Stock	Tax liability	-$726	-10	-0.01%	$72.55	154K	Mar 23, 2023	Direct

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	Dividend Equivalent Rights	Award	$0	+28.8	+26.12%	$0.00	139	Mar 23, 2023	Common Stock	28.8		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.
F2	The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.