Stephen P. Theobald - Aug 16, 2023 Form 4 Insider Report for Walker & Dunlop, Inc. (WD)

Role: EVP & Chief Operating Officer
Signature: /s/ Daniel J. Groman, Attorney-in-fact
Stock symbol: WD
Transactions as of: Aug 16, 2023
Transactions value $: -$1,169,225
Form type: 4
Date filed: 8/18/2023, 05:00 PM
Previous filing: Jun 6, 2023
Next filing: Sep 6, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WD	Common Stock	Options Exercise	$283K	+16.9K	+29.35%	$16.72^*	74.7K	Aug 16, 2023	Direct
transaction	WD	Common Stock	Sale	-$910K	-10.7K	-14.28%	$85.29	64K	Aug 16, 2023	Direct	F1
transaction	WD	Common Stock	Sale	-$543K	-6.28K	-9.81%	$86.41	57.8K	Aug 16, 2023	Direct	F2
holding	WD	Common Stock						38.2K	Aug 16, 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	-16.9K	-100%	$0.00^*	0	Aug 16, 2023	Common Stock	16.9K	$16.72	Direct

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.86. 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 (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.135 to $86.865. The reporting person undertakes to provide the Company, any security holder of the Company, or the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.86. 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 (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.135 to $86.865. The reporting person undertakes to provide the Company, any security holder of the Company, or the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.