UWM CFO Hasani vests 2,500 RSUs, 728 withheld
UWM’s CFO reported vesting of equity awards into Class A shares, with a portion withheld to cover tax obligations rather than sold into the market.
Rhea-AI Filing Summary
UWM Holdings Corp (UWMC) reported that EVP and Chief Financial Officer Rami Hasani had 2,500 Restricted Stock Units vest on September 1, 2026 and settle into 2,500 shares of Class A Common Stock on a one-for-one basis. Of these, 728 shares were mandatorily withheld by the company to satisfy minimum tax-withholding obligations under an arrangement exempt under Rule 16b-3. Hasani continues to hold multiple RSU awards that will vest between March 1, 2027 and April 1, 2032 under the company’s 2020 Omnibus Incentive Plan.
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Insider Trade Summary
2,500 shares exercised/converted
Exercise
7 txns
Insider
HASANI RAMI
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F1 | 2,500 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 2,500 | $1.37 | $3K |
| Tax Withholding | Class A Common Stock F2 | 728 | $1.37 | $997.36 |
| holding | Restricted Stock Units F3, F4 | -- | -- | -- |
| holding | Restricted Stock Units F3, F4 | -- | -- | -- |
| holding | Restricted Stock Units F3, F5 | -- | -- | -- |
| holding | Restricted Stock Units F3, F6 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 394,961 contracts (Direct);
Class A Common Stock — 19,849 shares (Direct)
Footnotes (6)
- F1. On September 1, 2026, 2,500 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 on April 1, 2032. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.
- F5. These RSUs vest on March 1, 2027. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.
- F6. These RSUs vest on August 30, 2028. These RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.
Key Figures
RSUs vested: 2,500 units
Shares received: 2,500 shares
Tax-withheld shares: 728 shares
+5 more
8 metrics
RSUs vested
2,500 units
Restricted Stock Units vested and settled on September 1, 2026
Shares received
2,500 shares
Class A Common Stock issued upon RSU vesting on September 1, 2026
Tax-withheld shares
728 shares
Shares mandatorily withheld to meet minimum tax-withholding obligations
Reported share price
$1.37 per share
Value reported for Class A Common Stock in the September 1, 2026 transactions
Remaining RSUs (grant 1)
183,151 underlying shares
Restricted Stock Units outstanding, direct ownership
Remaining RSUs (grant 2)
175,439 underlying shares
Restricted Stock Units outstanding, direct ownership
Remaining RSUs (grant 3)
12,458 underlying shares
Restricted Stock Units outstanding, direct ownership
Remaining RSUs (grant 4)
23,913 underlying shares
Restricted Stock Units outstanding, direct ownership
Key Terms
Restricted Stock Units, Rule 16b-3, 2020 Omnibus Incentive Plan
3 terms
Restricted Stock Units financial
"2,500 of the Reporting Person's Restricted Stock Units ("RSUs") vested"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 16b-3 regulatory
"pursuant to a transaction exempt under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
2020 Omnibus Incentive Plan financial
"The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan"
FAQ
What equity transaction did UWMC’s CFO report on September 1, 2026?
UWM Holdings Corp’s CFO, Rami Hasani, reported that 2,500 RSUs vested on September 1, 2026 and were settled into 2,500 shares of Class A Common Stock on a one-for-one basis.
What RSU holdings linked to UWMC stock does the CFO still have outstanding?
The CFO continues to hold Restricted Stock Units tied to 183,151, 175,439, 12,458, and 23,913 underlying shares of Class A Common Stock, all reported as direct holdings.
When do the CFO’s remaining UWMC RSUs vest?
One RSU grant vests on March 1, 2027, another on August 30, 2028, and another on April 1, 2032, each granted under UWM Holdings Corp’s 2020 Omnibus Incentive Plan.
Was the UWMC CFO’s September 2026 transaction under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmatively marked, and the footnotes describe the vesting and tax withholding but do not state that a Rule 10b5-1 trading plan was used.
How do UWMC RSUs convert into Class A Common Stock for the CFO?
The filing states that the CFO’s Restricted Stock Units convert to Class A Common Stock on a one-for-one basis, meaning each RSU delivers one share when it vests and settles.
AI-generated analysis. How Rhea-AI works. Not financial advice.
