Alex Elezaj - 28 Feb 2025 Form 4 Insider Report for UWM Holdings Corp (UWMC)

Role
EVP, Chief Strategy Officer, Director
Signature
/s/Anthony Valentine, as Attorney-in-Fact for Alex Elezaj
Issuer symbol
UWMC
Transactions as of
28 Feb 2025
Net transactions value
+$37,115
Form type
4
Filing time
04 Mar 2025, 16:43:03 UTC
Previous filing
20 Feb 2025
Next filing
21 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UWMC Class A Common Stock Options Exercise $54,046 +8,606 +2.9% $6.28 305,293 28 Feb 2025 Direct F1
transaction UWMC Class A Common Stock Tax liability $16,931 -2,696 -0.88% $6.28 302,597 28 Feb 2025 Direct F2

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 UWMC Restricted Stock Units Options Exercise $0 -8,606 -100% $0.000000 0 28 Feb 2025 Class A Common Stock 8,606 Direct F1, F3
holding UWMC Restricted Stock Units 658,617 28 Feb 2025 Class A Common Stock 658,617 Direct F3, F4
holding UWMC Restricted Stock Units 16,013 28 Feb 2025 Class A Common Stock 16,013 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 28, 2025, 8,606 of the Reporting Person's Restricted Stock Units ("RSUs") vested and were settled for an equal number of Class A Common Stock.
F2 This transaction is not a sale of shares by the Reporting Person. Instead this reflects shares mandatorily withheld by the Company in accordance with the award agreement to meet the Company's minimum withholding obligations pursuant to a transaction exempt under Rule 16b-3.
F3 The RSUs convert to Class A Common Stock on a one-for-one basis.
F4 These RSUs vest on August 30, 2031. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.
F5 These RSUs vest on March 1, 2026. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.