4//SEC Filing
Mat Ishbia 4
Accession 0001841794-26-000003
CIK 0001783398other
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 5:10 PM ET
Size
18.3 KB
Accession
0001841794-26-000003
Insider Transaction Report
Form 4
Mat Ishbia
DirectorPresident and CEO10% Owner
Transactions
- Sale
Class A Common Stock
2025-12-30$4.43/sh−632,874$2,803,632→ 979,871 total(indirect: See Footnote) - Sale
Class A Common Stock
2025-12-31$4.37/sh−632,874$2,765,659→ 346,997 total(indirect: See Footnote) - Conversion
Class A Common Stock
2026-01-02+6,600,000→ 6,946,997 total(indirect: See Footnote) - Sale
Class A Common Stock
2026-01-02$4.42/sh−632,874$2,797,303→ 6,314,123 total(indirect: See Footnote) - Conversion
UWM Paired Interests
2026-01-02−6,600,000→ 1,324,882,620 total(indirect: See Footnote)From: 2021-01-21→ Class A Common Stock (6,600,000 underlying)
Holdings
- 279,989
Class A Common Stock
- 180,737
Restricted Stock Units
→ Class A Common Stock (180,737 underlying)
SFS HOLDING CORP
10% Owner
Transactions
- Sale
Class A Common Stock
2025-12-30$4.43/sh−632,874$2,803,632→ 979,871 total(indirect: See Footnote) - Sale
Class A Common Stock
2025-12-31$4.37/sh−632,874$2,765,659→ 346,997 total(indirect: See Footnote) - Conversion
Class A Common Stock
2026-01-02+6,600,000→ 6,946,997 total(indirect: See Footnote) - Sale
Class A Common Stock
2026-01-02$4.42/sh−632,874$2,797,303→ 6,314,123 total(indirect: See Footnote) - Conversion
UWM Paired Interests
2026-01-02−6,600,000→ 1,324,882,620 total(indirect: See Footnote)From: 2021-01-21→ Class A Common Stock (6,600,000 underlying)
Holdings
- 279,989
Class A Common Stock
- 180,737
Restricted Stock Units
→ Class A Common Stock (180,737 underlying)
Footnotes (10)
- [F1]Sold pursuant to the 10b5-1 Plan adopted by SFS Corp on March 17, 2025.
- [F10]These RSUs vest on March 1, 2026. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.
- [F2]Represents the weighted average price of shares sold. The price of the shares sold ranged from $4.36 to $4.48 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each price.
- [F3]These securities are held directly by SFS Corp, a 10% holder of the Issuer, and indirectly by Mat Ishbia. Mat Ishbia is the Chief Executive Officer and sole director of SFS Corp and serves as the investment advisor to the trust that owns the voting securities of SFS Corp, and therefore exercises all voting and dispositive power of the securities held by SFS Corp. In addition, trusts for the benefit of Mat Ishbia and his immediate family are shareholders of SFS Corp. By virtue of its relationship with Mat Ishbia, a director and the CEO of the Issuer, SFS Corp may be deemed to be a director by deputization.
- [F4]Represents the weighted average price of shares sold. The price of the shares sold ranged from $4.34 to $4.40 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each price.
- [F5]Each UWM Paired Interest consists of one share of non-economic voting Class D Common Stock of UWM Holdings Corporation (the "Issuer") ("Class D Stock") and one Class B common units of UWM Holdings, LLC ("UWM LLC") ("Class B Common Units"), a subsidiary of the Issuer. Each UWM Paired Interest is convertible for one share of Class A Common Stock of the Issuer (i) at any time at the option of the holder or (ii) automatically upon transfer to a third person. These shares of Class A Common Stock were acquired by SFS Holding Corp. ("SFS Corp") upon the conversion of an equal number of UWM Paired Interests.
- [F6]Represents the weighted average price of shares sold. The price of the shares sold ranged from $4.35 to $4.46 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each price.
- [F7]These shares are held directly by Mat Ishbia and SFS Corp. has no interests in these shares.
- [F8]The conversion rights related to the UWM Paired Interests do not expire.
- [F9]These Restricted Stock Units ("RSUs") convert to Class A Common Stock on a one-for-one basis.
Documents
Issuer
UWM Holdings Corp
CIK 0001783398
Entity typeother
Related Parties
1- filerCIK 0001841794
Filing Metadata
- Form type
- 4
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 5:10 PM ET
- Size
- 18.3 KB