Elezaj Alex 4
4 · UWM Holdings Corp · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
UWM (UWMC) EVP Alex Elezaj Receives 16,013 RSU Shares
What Happened
Alex Elezaj, EVP, Chief Strategy Officer and a director of UWM Holdings Corp (UWMC), had 16,013 restricted stock units (RSUs vest) settle into 16,013 Class A common shares on February 27, 2026. The gross value of the vested shares at the reported price of $4.41 was $70,617. The company withheld 4,633 shares to satisfy tax withholding obligations (value ~$20,432), leaving Elezaj with a net of 11,380 shares (net value ≈ $50,186). The filing shows these as derivative conversions/settlements (code M) and a withholding (code F).
Key Details
- Transaction date: February 27, 2026. Reported in SEC accession 0001842397-26-000006 (period of report 2026-02-27).
- Prices and values: reported per-share value $4.41; gross value $70,617; shares withheld value ~$20,432; net retained value ≈ $50,186.
- Shares reported as acquired: 16,013 (conversion of RSUs); shares disposed/withheld: 4,633 (tax withholding). Net shares retained: 11,380.
- Footnotes: RSUs convert one-for-one to Class A common stock and were granted under the 2020 Omnibus Incentive Plan. The filing notes other RSU tranches with future vesting dates (Aug 30, 2031; May 19, 2026; Mar 1, 2027).
- Transaction codes: M = exercise/conversion of a derivative (here, RSU settlement); F = shares withheld for tax liability.
- Timeliness: No late filing flag indicated in the provided data.
Context
This was not an open-market buy or sale for speculative gain but a routine vesting/settlement of RSU awards, with a portion of shares withheld to cover required taxes (a common administrative practice). Such RSU vestings reflect compensation realization rather than an explicit insider view on the company’s stock.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-02-27$4.41/sh+16,013$70,617→ 318,610 total - Tax Payment
Class A Common Stock
[F2]2026-02-27$4.41/sh−4,633$20,432→ 313,977 total - Exercise/Conversion
Restricted Stock Units
[F3][F1]2026-02-27−16,013→ 0 total→ Class A Common Stock (16,013 underlying)
- 658,617
Restricted Stock Units
[F3][F4]→ Class A Common Stock (658,617 underlying) - 1,608,794
Restricted Stock Units
[F3][F5]→ Class A Common Stock (1,608,794 underlying) - 175,439
Restricted Stock Units
[F3][F4]→ Class A Common Stock (175,439 underlying) - 27,194
Restricted Stock Units
[F3][F6]→ Class A Common Stock (27,194 underlying)
Footnotes (6)
- [F1]On February 27, 2026, 16,013 of the Reporting Person's Restricted Stock Units ("RSUs") vested and were settled for an equal number of Class A Common Stock.
- [F2]This transaction is not a sale of shares by the Reporting Person. Instead this reflects shares mandatorily withheld by the Company in accordance with the award agreement to meet the Company's minimum withholding obligations pursuant to a transaction exempt under Rule 16b-3.
- [F3]The RSUs convert to Class A Common Stock on a one-for-one basis.
- [F4]These RSUs vest on August 30, 2031. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.
- [F5]These RSUs vest on May 19, 2026. These RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.
- [F6]These RSUs vest on March 1, 2027. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.