Guild Holdings (GHLD) CFO reports 916-share DEU issuance, total 275,266

Rhea-AI Filing Summary

Desiree Amber Kramer, Sr. VP & CFO of Guild Holdings Co (GHLD), reported a non-derivative acquisition on 09/02/2025 of 916 Class A common shares at a reported price of $0. The filing states these shares represent dividend equivalent units (DEUs) paid on outstanding restricted stock units and are subject to the same terms as the underlying RSUs. After the transaction Ms. Kramer beneficially owned 275,266 shares on a direct basis. The form was signed by Bella Guerrero as attorney-in-fact on 09/04/2025. The filing discloses no derivative transactions or other changes to ownership form.

Positive

• Transparency: Timely Form 4 filing discloses insider equity receipt.
• Alignment: Executive increased direct ownership to 275,266 shares, aligning compensation with shareholders.
• Compensation clarity: DEUs are stated to follow the same terms as underlying RSUs, clarifying vesting/rights.

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine insider receipt of DEUs increases executive's direct stake modestly; no cash purchase or change in control.

The reported acquisition of 916 Class A shares reflects dividend equivalent units issued on RSUs rather than a market purchase, so there was no cash outlay and no immediate dilution impact beyond standard equity compensation mechanics. Holding of 275,266 shares indicates meaningful alignment with shareholder outcomes, but the transaction size is immaterial relative to a typical public-company float. This disclosure is compliant and provides transparency on executive compensation settlement.

Corporate Governance Expert

TL;DR: Form 4 is a standard disclosure of equity compensation settlement; governance implications are routine and neutral.

Reporting that DEUs are subject to the same terms as the underlying RSUs clarifies vesting and transferability consistent with company equity plans. The use of an attorney-in-fact to sign is acceptable and common. There are no indications of accelerated vesting, special transfers, or related-party arrangements disclosed in this filing, so the governance signal is neutral.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

KRAMER DESIREE AMBER

(Last) (First) (Middle)

5887 COPLEY DRIVE

(Street)

SAN DIEGO CA 92111

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Guild Holdings Co [ GHLD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr VP & CFO

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/02/2025		A		916	A	$0	275,266(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents dividend equivalent units ("DEUs") paid on outstanding RSUs. The DEUs are subject to the same terms as the underlying RSUs.

	Bella Guerrero, Attorney-in-Fact for Desiree Amber Kramer	09/04/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Desiree Amber Kramer report on Form 4 for GHLD?

She reported an acquisition on 09/02/2025 of 916 Class A common shares as dividend equivalent units on RSUs.

Did Ms. Kramer pay cash for the 916 shares reported in the Form 4?

No. The filing shows a $0 price, indicating the shares were DEUs paid on outstanding RSUs rather than a cash purchase.

How many shares does Desiree Amber Kramer beneficially own after the reported transaction?

The filing reports she beneficially owned 275,266 shares following the transaction.

Are the dividend equivalent units (DEUs) subject to different terms than the RSUs?

No. The filing states the DEUs are subject to the same terms as the underlying RSUs.

Who signed the Form 4 and when was it signed?

The form was signed by Bella Guerrero, Attorney-in-Fact for Desiree Amber Kramer on 09/04/2025.