Walker William M 4

What Happened
William M. Walker, Chairman & CEO and a director of Walker & Dunlop (WD), was granted/credited 40.042 derivative shares (dividend equivalent rights) on June 4, 2026. The units were recorded at $0.00 per share (no cash purchase); the filing treats them as derivative awards tied to restricted stock units (RSUs), not an open-market buy or sale.

Key Details

• Transaction date: 2026-06-04; Filing date: 2026-06-08 (filed within the Form 4 reporting window).
• Security and amount: 40.042 dividend equivalent rights (reported as derivative, code A). Price: $0.00; total cash consideration reported: $0.
• Shares owned after transaction: not disclosed in the provided filing details.
• Footnotes: F1 — each dividend equivalent right equals the economic equivalent of one common share; F2 — these rights accrued on RSUs and vest proportionately with those RSUs.
• Filing timeliness: timely (filed within two business days after the transaction).

Context
This was an award of dividend-equivalent rights tied to previously granted RSUs — a compensation-related grant rather than a market purchase or sale. Such accruals typically reflect employee/director compensation and vesting mechanics, and do not by themselves indicate a buy or sell decision by the insider.