Wilner Melinda 4
Research Summary
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UWM (UWMC) EVP Melinda Wilner Receives RSU Award
What Happened
Melinda Wilner, EVP, Chief Operating Officer and Director of UWM Holdings Corp (UWMC), received a grant of 29,611 restricted stock units (RSUs) on February 5, 2026. The award is recorded at $0.00 per share (an equity compensation grant, not a cash purchase) and is a derivative award that converts one-for-one into Class A common stock when vested. This is a compensation grant rather than a market purchase or sale.
Key Details
- Transaction date: 2026-02-05; Form 4 filed 2026-02-09 (appears timely).
- Award: 29,611 RSUs; grant price listed as $0.00 (code A — award/grant).
- Conversion: RSUs convert to Class A Common Stock on a one-for-one basis (Footnote F2).
- Vesting schedule (per filing footnotes): portions vest on Mar 1, 2026 (F4), May 19, 2026 (F5), Mar 1, 2027 (F6), and Aug 30, 2031 (F3). All grants were made under the 2020 Omnibus Incentive Plan.
- Spousal holding: Footnote F1 states the reporting person’s spouse holds certain shares in a separate account and the reporting person disclaims pecuniary interest in those shares.
- Shares owned after transaction: not specified in the provided filing details.
Context
RSU grants are a form of compensation and do not represent an open-market purchase (which some investors view as a stronger bullish signal). These RSUs will only convert to voting/common shares as they vest per the schedule above. No indication of a cashless exercise, gift, or 10b5-1 plan is stated in the provided notes.