Wilner Melinda 4

What Happened

• Melinda Wilner, EVP, COO and a director of UWM Holdings Corp (UWMC), had 17,436 restricted stock units (RSUs) vest on Feb 27, 2026 and those RSUs were settled into 17,436 shares of Class A common stock. The gross value reported for the vested shares was $76,893 (reported at $4.41/share). The company withheld 5,074 shares to satisfy tax withholding obligations (value ~$22,376), leaving a net 12,362 shares delivered to Wilner (net value ≈ $54,516).

Key Details

• Transaction date: 2026-02-27; Form 4 filed: 2026-03-02 (filing appears timely).
• Gross shares vested/converted: 17,436; shares withheld for taxes: 5,074; net shares issued to Wilner: 12,362.
• Reported per-share value used: $4.41; gross value: $76,893; withholding value: $22,376.
• Transaction codes: M = conversion of derivative/RSU; F = shares withheld for tax payment (not an open-market sale).
• Footnotes: F1–F4 confirm the RSUs vested and converted one-for-one to Class A stock and the withholding reflects mandatory tax withholding under the award agreement. F3 notes the reporting person’s spouse holds certain shares in a separate account and the reporting person disclaims pecuniary interest in those shares.
• Additional RSU schedules: other outstanding RSU grants vest on May 19, 2026; March 1, 2027; and August 30, 2031 (granted under the 2020 Omnibus Incentive Plan).

Context

• This was not a sale or market trade — it was an RSU vesting and settlement event with mandatory tax-withholding (a routine corporate administrative action). For retail investors, such awards reflect compensation vesting, not necessarily a directional signal about the insider’s view of the stock.