HASANI RAMI 4
4 · UWM Holdings Corp · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
UWM (UWMC) CFO Hasani Rami Receives 4,671 Shares
What Happened
- Hasani Rami, Chief Financial Officer of UWM Holdings Corp (UWMC), had 4,671 restricted stock units (RSUs) vest and convert 1-for-1 into 4,671 shares of Class A common stock on February 27, 2026.
- The filing shows a gross value of the vested shares at $4.41/share (4,671 × $4.41 = $20,599). The company withheld 1,360 shares to satisfy tax-withholding obligations (value shown $5,998), leaving a net increase of approx. 3,311 shares (net value ≈ $14,601).
- This was not an open-market sale — the withheld shares reflect tax withholding under the award agreement and an exemption under Rule 16b-3.
Key Details
- Transaction date: February 27, 2026. Report filed March 2, 2026 (appears timely).
- Vesting/conversion: 4,671 RSUs → 4,671 shares at $0 exercise price (RSUs convert 1:1).
- Withholding: 1,360 shares withheld to cover taxes (treated as a disposition for withholding, code F).
- Reported values: gross value $20,599; withholding value $5,998; net value to insider ≈ $14,601.
- Shares owned after transaction: not specified in this Form 4.
- Award plan: RSUs granted under the 2020 Omnibus Incentive Plan. Additional RSU tranches with future vesting dates are noted in the filing (see footnotes for schedules).
Context
- This was a standard RSU vesting event, not a market buy or sell by the insider. The company’s withholding of shares to cover taxes is routine and does not necessarily indicate insider sentiment.
- For retail investors, purchases (insider buys) typically carry more interpretive weight than routine vesting; this filing documents compensation-related issuance rather than a discretionary market purchase or sale.
Insider Transaction Report
Form 4
HASANI RAMI
EVP, Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-02-27$4.41/sh+4,671$20,599→ 13,786 total - Tax Payment
Class A Common Stock
[F2]2026-02-27$4.41/sh−1,360$5,998→ 12,426 total - Exercise/Conversion
Restricted Stock Units
[F3][F1]2026-02-27−4,671→ 0 total→ Class A Common Stock (4,671 underlying)
Holdings
- 31,884
Restricted Stock Units
[F3][F4]→ Class A Common Stock (31,884 underlying) - 183,151
Restricted Stock Units
[F3][F5]→ Class A Common Stock (183,151 underlying) - 2,500
Restricted Stock Units
[F3][F6]→ Class A Common Stock (2,500 underlying) - 175,439
Restricted Stock Units
[F3][F5]→ Class A Common Stock (175,439 underlying) - 12,458
Restricted Stock Units
[F3][F7]→ Class A Common Stock (12,458 underlying)
Footnotes (7)
- [F1]On February 27, 2026, 4,671 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 in accordance with the following schedule: 7,971 vest on August 30, 2026 and 23,913 vest on August 30, 2028. These RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.
- [F5]These RSUs vest on April 1, 2032. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.
- [F6]These RSUs vest on September 1, 2026. These RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.
- [F7]These RSUs vest on March 1, 2027. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.
Signature
/s/ Anthony Valentine, as Attorney-in-Fact for Rami Hasani|2026-03-02