Elezaj Alex 4

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.