Walker & Dunlop, Inc.·4

May 21, 5:23 PM ET

Pinkus Gary S 4

4 · Walker & Dunlop, Inc. · Filed May 21, 2026

Research Summary

AI-generated summary of this filing

Updated

Walker & Dunlop Director Gary Pinkus Receives Award of 3,096 Units

What Happened
Gary S. Pinkus, a director of Walker & Dunlop, received a grant of 3,096 deferred stock units (derivative award) on May 19, 2026. The award was reported as an acquisition (code A) at $0.00 per unit for reporting purposes. No cash was exchanged; the filing shows the award as a derivative instrument rather than an immediate share purchase.

Key Details

  • Transaction date: 2026-05-19; Form 4 filed 2026-05-21 (filed within the typical two-business-day window).
  • Instrument: 3,096 deferred stock units (DSUs), reported at $0.00 per unit (derivative award).
  • Shares owned after transaction: Not reported in the provided excerpt.
  • Footnotes:
    • Each DSU represents the right to receive one share of common stock.
    • The DSUs vest on the one-year anniversary of the grant and will be settled in shares either on a date selected under the Issuer’s Deferred Compensation Plan for Non-Employee Directors or as otherwise provided by the Plan.
  • Transaction type: Award/grant to a non-employee director (not a market purchase or sale).

Context
Deferred stock units are a form of compensation that do not convey immediate voting rights or share ownership until they vest and are settled. Because this is an award to a director and will convert to shares only after vesting/settlement per the Plan, it is not a direct market buy or sell and shouldn’t be read as an immediate bullish or bearish trade signal.

Insider Transaction Report

Form 4
Period: 2026-05-19
Transactions
  • Award

    Deferred Stock Units

    [F1][F2]
    2026-05-19+3,0963,096 total
    Common Stock (3,096 underlying)
Footnotes (2)
  • [F1]Each deferred stock unit represents the right to receive one share of common stock of the Issuer.
  • [F2]The deferred stock units will vest on the one year anniversary of the date of grant and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.
Signature
/s/ Nicholas C. Eckstein, Attorney-in-fact|2026-05-21

Documents

1 file
  • 4
    tm2615341-4_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT