Walker & Dunlop (WD) EVP Daniel J. Groman Receives Award of 122.824 Units

What Happened
Daniel J. Groman, Executive Vice President, General Counsel, Secretary & Chief Compliance Officer of Walker & Dunlop, was granted 122.824 dividend equivalent rights on 2026-09-03. The award is reported as a derivative acquisition at $0.00 per unit (no cash exchanged). This is a compensation award tied to restricted stock units (RSUs), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-09-03 (reported on Form 4 filed 2026-09-08, accession 0001104659-26-105921)
• Instrument: Dividend equivalent rights (derivative award) representing 122.824 share equivalents
• Price: $0.00 per unit (no cash paid)
• Shares/units acquired: 122.824 dividend-equivalent rights
• Shares owned after transaction: Not specified in the provided filing
• Footnotes: F1—each dividend equivalent right equals the economic equivalent of one common share; F2—these dividend equivalents accrued on RSUs and vest proportionately with those RSUs
• Timeliness: Form 4 filed five days after the transaction date (no late-filing flag indicated in the provided data)

Context
Dividend equivalent rights are payments that mirror dividends on underlying RSUs and typically convert to cash or additional shares when the related RSUs vest. This award is a routine equity compensation event and does not reflect an open‑market purchase or sale by the insider. For retail investors, compensation grants are informative about executive pay but are not the same signal as an insider buying or selling shares.