William M. Walker - 30 Jan 2026 Form 4 Insider Report for Walker & Dunlop, Inc. (WD)

Role: Chairman & CEO, Director
Signature: /s/ Nicholas C. Eckstein, Attorney-in-fact
Issuer symbol: WD
Transactions as of: 30 Jan 2026
Net transactions value: -$204,455
Form type: 4
Filing time: 03 Feb 2026, 17:00:12 UTC
Previous filing: 09 Dec 2025
Next filing: 18 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Walker William M	Chairman & CEO, Director	C/O WALKER & DUNLOP, INC., 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA	/s/ Nicholas C. Eckstein, Attorney-in-fact	03 Feb 2026	0001503841

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WD	Common Stock	Options Exercise	$0	+7,830	+1.8%	$0.000000	443,643	30 Jan 2026	Direct
transaction	WD	Common Stock	Tax liability	$204,455	-3,251	-0.73%	$62.89	440,392	30 Jan 2026	Direct
holding	WD	Common Stock						540,147	30 Jan 2026	By Walker Family Holdings LLC
holding	WD	Common Stock						3,955	30 Jan 2026	As Custodian for Son 1
holding	WD	Common Stock						3,955	30 Jan 2026	As Custodian for Son 2
holding	WD	Common Stock						3,955	30 Jan 2026	As Custodian for Son 3

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	Deferred Stock Units	Options Exercise	$0	-4,982	-100%	$0.000000	0	30 Jan 2026	Common Stock	4,982		Direct	F1, F2
transaction	WD	Restricted Stock Units	Options Exercise	$0	-2,491	-100%	$0.000000	0	30 Jan 2026	Common Stock	2,491		Direct	F3, F4
transaction	WD	Dividend Equivalent Rights	Options Exercise	$0	-357	-77%	$0.000000	104	30 Jan 2026	Common Stock	357		Direct	F5, F6

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

Explanation of Responses:

Id	Content
F1	Each deferred stock unit represents the right to receive one share of common stock of the Issuer.
F2	The deferred stock units are fully vested and were settled in shares of the Issuer's common stock on January 30, 2026 pursuant to the Walker & Dunlop, Inc. Management Deferred Stock Unit Purchase Plan.
F3	Each restricted stock unit represents the right to receive one share of common stock of the Issuer.
F4	The restricted stock units were settled in shares of the Issuer's common stock on January 30, 2026.
F5	Each dividend equivalent right is the economic equivalent of one share of the common stock of the Issuer
F6	The dividend equivalent right accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.