Guild Holdings Insider Filing: McGarry Reports 738 Dividend Equivalent Units

Rhea-AI Filing Summary

Mary Ann McGarry, a director and reported 10% owner of Guild Holdings Co (GHLD), reported a Form 4 disclosing a non‑derivative acquisition of 738 shares of Class A common stock on 09/02/2025. The filing states these 738 shares represent dividend equivalent units (DEUs) paid on outstanding restricted stock units (RSUs) and were issued at a price of $0. After the grant, McGarry beneficially owns 392,269 shares, held directly. The signature block shows the form was signed by an attorney‑in‑fact on behalf of McGarry on 09/04/2025. The filing contains no exercise or derivative transactions and includes an explanation that DEUs follow the same terms as the underlying RSUs.

Positive

• Transparent disclosure of a compensatory issuance (DEUs) under Section 16 with clear dates and amounts
• Continued substantial insider ownership: beneficial ownership of 392,269 shares signals alignment with shareholders

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Director received dividend equivalent units on RSUs, modest share increase; no derivative activity reported.

The Form 4 documents a routine issuance of 738 dividend equivalent units tied to existing restricted stock units, recorded as a non‑derivative acquisition at $0. This type of issuance is typically compensatory and non‑dilutive to the recipient beyond existing equity plans. Holding of 392,269 shares indicates substantial ownership by the reporting person, consistent with significant insider alignment. There are no indications of option exercises, special transactions, or dispositions that would raise governance or disclosure concerns.

Securities Compliance Analyst

TL;DR: Filing is a standard Section 16 disclosure for DEUs on RSUs; transaction is informational and routine.

The reporting covers a single class of common stock and lists transaction code A, reflecting an acquisition. The zero price reflects the nature of dividend equivalents rather than a market purchase. Dates are clearly stated: transaction on 09/02/2025 and signature on 09/04/2025 by an attorney‑in‑fact. No amendments, no derivative holdings, and no joint filers are indicated. From a compliance perspective the report appears complete for the events disclosed.

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^*

McGarry Mary Ann

(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	X	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		738	A	$0	392,269(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 Mary Ann McGarry	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 Mary Ann McGarry report on Form 4 for GHLD?

The Form 4 reports an acquisition of 738 Class A common shares on 09/02/2025, recorded as dividend equivalent units (DEUs) paid on RSUs.

Did the Form 4 for GHLD show any options exercised or shares sold by Mary Ann McGarry?

No. The filing shows a non‑derivative acquisition only and lists no derivative transactions or dispositions.

How many GHLD shares does Mary Ann McGarry beneficially own after the reported transaction?

The filing reports beneficial ownership of 392,269 shares following the reported acquisition.

What does the price of $0 on the Form 4 indicate for the GHLD transaction?

The $0 price reflects that the 738 shares were paid as dividend equivalent units tied to RSUs, not a market purchase.

Who signed the Form 4 for Mary Ann McGarry and when?

The Form 4 was signed by Bella Guerrero, Attorney‑in‑Fact for Mary Ann McGarry on 09/04/2025.