Walker William M 4

What Happened

• William M. Walker, Chairman & CEO and a director of Walker & Dunlop, received a grant/award of 47.331 derivative shares on 2026-03-27. The filing lists the acquisition price as $0.00, indicating these are dividend-equivalent rights (DERs) credited with respect to restricted stock units (RSUs), not an open-market purchase.

Key Details

• Transaction date: 2026-03-27; Form 4 filed: 2026-03-31 (timely — within the two-business-day window).
• Transaction code: A (award/grant/acquisition of a derivative).
• Shares reported acquired: 47.331 derivative shares at $0.00 (no cash paid).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: (F1) Each dividend equivalent right is the economic equivalent of one common share. (F2) These DERs accrued on RSUs held by Mr. Walker and vest proportionately with those RSUs.
• No 10b5-1 plan, sale, purchase, or tax-withholding event was reported for this item.

Context

• This was not a cash purchase or a sale; it reflects dividend equivalents credited on existing RSUs and will vest according to the underlying RSU schedule. Such awards are routine compensation adjustments and do not, by themselves, necessarily signal a change in insider sentiment.