FREEDMAN ERNEST MICHAEL 4

What Happened

• Ernest Michael Freedman, a director of Walker & Dunlop, received a grant of 3,096 shares of restricted common stock on 2026-05-19. The reported acquisition price is $0 (award).
• This grant is reported under the 2024 Equity Incentive Plan and is a compensatory award rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-05-19; filing date: 2026-05-21 (appears timely).
• Transaction type/code: Award/Grant (A).
• Shares granted: 3,096; reported acquisition price: $0.
• Vesting: The shares are restricted and vest on the one‑year anniversary of the grant date (per footnote).
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnote: Grant governed by Walker & Dunlop, Inc. 2024 Equity Incentive Plan; vesting condition noted.

Context

• This is a compensatory equity award (not a purchase or sale). Restricted share grants are commonly used for director compensation or retention and vest over time; they do not by themselves indicate the insider is buying or selling stock.