STOCK TITAN

WM Technology (MAPS) CTO sells 271,032 shares to cover RSU taxes

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

WM Technology, Inc. Chief Technology Officer Sarah Griffis reported an open-market sale of 271,032 shares of Class A common stock at a weighted-average price of $0.6764 per share. According to the disclosure, this was a mandatory “sell to cover” transaction to satisfy tax withholding on vesting restricted stock units, not a discretionary trade. After the sale, she directly owned 1,528,968 shares of Class A common stock.

Positive

  • None.

Negative

  • None.
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*
Griffis Sarah

(Last) (First) (Middle)
C/O WM TECHNOLOGY, INC.
41 DISCOVERY

(Street)
IRVINE CA 92618

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WM TECHNOLOGY, INC. [ MAPS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Technology Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026
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 02/18/2026 S(1) 271,032 D $0.6764(2) 1,528,968 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. The sale reported on this Form 4 represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units, as well as any related brokerage commission fees. The sale satisfies the tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
2. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $0.66 to $0.71. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Sarah Griffis, by /s/ Brian Camire, Attorney-in-Fact 02/20/2026
** 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 insider transaction did MAPS CTO Sarah Griffis report on this Form 4?

MAPS Chief Technology Officer Sarah Griffis reported selling 271,032 shares of WM Technology Class A common stock at a weighted-average price of $0.6764 per share. The transaction was disclosed as an open-market sale in connection with restricted stock unit vesting.

Why did MAPS CTO Sarah Griffis sell 271,032 WM Technology shares?

The reported sale was required to cover tax withholding obligations from the vesting of restricted stock units, plus related brokerage commissions. The filing states this “sell to cover” transaction satisfied tax obligations and did not represent a discretionary trade by the reporting person.

What was the sale price range for the MAPS shares sold by the CTO?

The weighted-average sale price was $0.6764 per share, with individual trades executed between $0.66 and $0.71. The filing notes the reporting person will provide detailed breakdowns of shares sold at each separate price upon request to regulators or shareholders.

How many WM Technology (MAPS) shares does the CTO hold after this Form 4 sale?

After the tax-related sale, Chief Technology Officer Sarah Griffis directly held 1,528,968 shares of WM Technology Class A common stock. This post-transaction holding reflects the remaining equity position following the 271,032-share “sell to cover” transaction disclosed in the Form 4.

Was the MAPS CTO’s stock sale a discretionary insider trade?

No. The filing explicitly states the sale was required to cover tax withholding obligations arising from restricted stock unit vesting. It was executed as a “sell to cover” transaction and is described as not representing a discretionary trade by the reporting person.
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