Guild Holdings Insider Update: 97 DEUs Added to Director's Holdings

Rhea-AI Filing Summary

Michael Charles Meyer, a director of Guild Holdings Co (GHLD), reported an acquisition on Form 4 dated 09/02/2025. The filing shows 97 Class A common shares were acquired as dividend equivalent units (DEUs) tied to outstanding restricted stock units, recorded at a $0 price. Following the transaction, Mr. Meyer is reported to beneficially own 63,905 shares (direct ownership). The form was signed by an attorney-in-fact on 09/04/2025 and includes an explanatory note that the DEUs are subject to the same terms as the underlying RSUs.

Positive

• Insider increased reported holdings to 63,905 shares following DEU payment
• Transaction disclosed as DEUs on RSUs, consistent with standard compensation practice
• Form 4 was filed and signed, indicating regulatory compliance

Negative

• None.

Insights

Financial Analyst

TL;DR: Small insider acquisition via DEUs increases reported direct holdings to 63,905 shares; no cash paid and no material dilution disclosed.

The reported 97-share acquisition reflects dividend equivalent units credited on existing RSUs rather than an open-market purchase. Because the DEUs were recorded at $0, there is no cash outflow by the reporting person and no immediate change to the company’s outstanding share count disclosed in this filing. For investors, this is a routine insider compensation-related adjustment rather than a signal of fresh capital allocation or significant insider buying. The transaction does not disclose any change in voting control or an increase that would meet materiality thresholds.

Corporate Governance Expert

TL;DR: Standard compensation-related reporting; form shows compliance with Section 16 reporting.

The Form 4 identifies the reporter as a director and shows the transaction was recorded as DEUs on RSUs, which is a common mechanism to deliver dividend equivalents. The filing includes the required explanatory footnote and was signed by an attorney-in-fact, indicating procedural compliance. There is no indication of atypical timing, derivative exercises, or transfers that would raise governance concerns based on the information provided.

Insider Trade Summary

Net Buyer: 97 shares

Net Buy 1 txn

Insider Meyer Michael Charles

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	97	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 63,905 shares (Direct)

Footnotes (1)

1. F1. Represents dividend equivalent units ("DEUs") paid on outstanding RSUs. The DEUs are subject to the same terms as the underlying RSUs.

FAQ

What did Michael Charles Meyer report on the GHLD Form 4?

He reported the acquisition of 97 Class A common shares as dividend equivalent units related to outstanding RSUs, increasing beneficial ownership to 63,905 shares.

When was the transaction on the Form 4 dated?

The transaction date reported is 09/02/2025, and the form bears a signature date of 09/04/2025.

Did the reporting person pay cash for the acquired shares?

No. The filing shows the DEUs were recorded at a $0 price, reflecting compensation-related crediting rather than a cash purchase.

What is the nature of the acquired securities?

The securities are Class A common stock credited as dividend equivalent units on underlying restricted stock units, subject to the same terms as the RSUs.

Does this Form 4 disclose any derivative transactions or exercises?

No. Table II (derivatives) contains no entries; the reported activity is a non-derivative DEU credit in Table I.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 09/04/2025 - 12:06 PM Learn about SEC filing dates

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Meyer Michael Charles

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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		97	A	$0	63,905(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 Michael Charles Meyer	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.