UWM Holdings (NYSE: UWMC) EVP reports RSU vesting and tax share withholding

Rhea-AI Filing Summary

UWM Holdings Corp director and EVP, Chief Strategy Officer Alex Elezaj reported equity award activity. On February 27, 2026, 16,013 of his Restricted Stock Units vested and were settled into an equal number of Class A Common Stock at $4.41 per share, consistent with a one-for-one RSU-to-share conversion.

Of these, 4,633 shares were mandatorily withheld by the company to satisfy minimum tax withholding obligations, and this is explicitly described as not being a sale of shares. Following these transactions, Elezaj directly holds 313,977 shares of Class A Common Stock, along with multiple RSU grants under the 2020 Omnibus Incentive Plan, including tranches scheduled to vest on May 19, 2026, March 1, 2027, and August 30, 2031.

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

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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^*

Elezaj Alex

(Last) (First) (Middle)

C/O UWM HOLDINGS CORPORATION

585 SOUTH BLVD E

(Street)

PONTIAC MI 48341

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
UWM Holdings Corp [ UWMC ]

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

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Strategy Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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	02/27/2026		M		16,013(1)	A	$4.41	318,610	D
Class A Common Stock	02/27/2026		F		4,633(2)	D	$4.41	313,977	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
Restricted Stock Units	(3)							(4)	(4)	Class A Common Stock	658,617		658,617	D
Restricted Stock Units	(3)							(5)	(5)	Class A Common Stock	1,608,794		1,608,794	D
Restricted Stock Units	(3)							(4)	(4)	Class A Common Stock	175,439		175,439	D
Restricted Stock Units	(3)							(6)	(6)	Class A Common Stock	27,194		27,194	D
Restricted Stock Units	(3)	02/27/2026		M			16,013	(1)	(1)	Class A Common Stock	16,013	$0	0	D

Explanation of Responses:

1. On February 27, 2026, 16,013 of the Reporting Person's Restricted Stock Units ("RSUs") vested and were settled for an equal number of Class A Common Stock.

2. 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.

3. The RSUs convert to Class A Common Stock on a one-for-one basis.

4. These RSUs vest on August 30, 2031. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.

5. These RSUs vest on May 19, 2026. These RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.

6. These RSUs vest on March 1, 2027. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.

Remarks:

	/s/Anthony Valentine, as Attorney-in-Fact for Alex Elezaj	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did UWMC executive Alex Elezaj report on this Form 4?

Alex Elezaj reported RSU vesting and settlement into 16,013 Class A shares, plus share withholding for taxes. The Form 4 shows equity award activity rather than an open-market stock trade, reflecting routine compensation events for a senior executive.

How many UWM Holdings (UWMC) shares does Alex Elezaj own after these transactions?

After the reported transactions, Alex Elezaj directly holds 313,977 shares of UWM Holdings Class A Common Stock. In addition, he holds several Restricted Stock Unit awards that can convert into more shares over time as they vest under the company’s 2020 Omnibus Incentive Plan.

Did Alex Elezaj sell any UWMC shares in the February 27, 2026 Form 4 filing?

The filing states there was no sale of shares by Alex Elezaj. Instead, 4,633 shares were automatically withheld by the company to cover minimum tax withholding obligations related to the RSU vesting, under an arrangement exempt from Section 16(b) short-swing profit rules.

What RSU activity for UWM Holdings (UWMC) did Alex Elezaj disclose?

He disclosed that 16,013 Restricted Stock Units vested and converted into an equal number of Class A Common Stock. The RSUs convert on a one-for-one basis. Additional RSU grants remain outstanding, scheduled to vest on specific future dates under the 2020 Omnibus Incentive Plan.

When do Alex Elezaj’s remaining UWM Holdings RSUs vest?

The Form 4 footnotes state that certain RSU grants vest on May 19, 2026, others on March 1, 2027, and another tranche on August 30, 2031. All these awards were granted under UWM Holdings’ 2020 Omnibus Incentive Plan and convert one-for-one into Class A shares.