Florkowski Gregory 4

What Happened

• Gregory Florkowski, Chief Financial Officer of Walker & Dunlop (WD), received an award on 2026-03-27 consisting of 80.21 dividend-equivalent units (reported as 80.21 shares) at $0.00 (derivative award; total cash = $0). This was an award tied to restricted stock units rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-03-27; 80.21 units at $0.00.
• Transaction type: Award/Grant of dividend-equivalent rights that are the economic equivalent of shares (derivative).
• Shares owned after transaction: Not reported in the provided filing details.
• Footnotes: F1 — each dividend equivalent right equals the economic equivalent of one common share; F2 — the dividend equivalents accrued on RSUs and vest proportionately with those RSUs.
• Filing timeliness: Form filed 2026-03-31 for a 2026-03-27 transaction (filed 4 days later); this is beyond the typical 2-business-day Form 4 reporting window and may be considered late.

Context

• These were dividend-equivalent rights related to existing restricted stock units, not a cash purchase or sale of company stock. Such awards increase the economic exposure to the company’s shares as the RSUs vest, but do not by themselves indicate a buy/sell decision in the open market.