UWM Holdings (UWMC) CEO and 10% Holder Detail December Stock Sales and RSUs
Rhea-AI Filing Summary
UWM Holdings Corp’s President and CEO Mat Ishbia, together with affiliated 10% holder SFS Corp, reported multiple open‑market sales of Class A common stock in late December 2025 under a Rule 10b5‑1 trading plan. On 12/23/2025, SFS Corp sold 402,483 shares at a weighted average price of $4.70 per share, followed by 449,997 shares at a weighted average of $4.66 on 12/24/2025, 632,874 shares at $4.57 on 12/26/2025, and 632,874 shares at $4.42 on 12/29/2025.
After these transactions, SFS Corp reported indirect beneficial ownership of 1,612,745 shares of Class A common stock, while Mat Ishbia also held 279,989 shares directly. In addition, he beneficially owned 180,737 restricted stock units that convert into an equal number of Class A shares and are scheduled to vest on March 1, 2026 under the company’s 2020 Omnibus Incentive Plan.
Positive
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Insights
CEO and 10% holder report planned stock sales and remaining equity stake.
The filing shows that Mat Ishbia and affiliated 10% holder SFS Corp executed several sales of UWM Holdings Corp Class A common stock across four trading days in December 2025. Each transaction is coded "S" for sale and is described as having been made under a Rule 10b5‑1 trading plan adopted by SFS Corp on March 17, 2025, which indicates the trades were pre‑scheduled rather than decided at the time of sale.
The reported weighted average sale prices ranged from $4.42 to $4.70 per share, with SFS Corp’s indirect holdings moving from over 3.3 million to 1,612,745 shares of Class A common stock following the transactions. Separately, Ishbia directly held 279,989 shares. The filing also notes 180,737 restricted stock units that will vest on March 1, 2026, providing an additional source of future equity, alongside his ongoing indirect voting and dispositive power over SFS Corp’s holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 632,874 | $4.42 | $2.80M |
| Sale | Class A Common Stock | 632,874 | $4.57 | $2.89M |
| Sale | Class A Common Stock | 449,997 | $4.66 | $2.10M |
| Sale | Class A Common Stock | 402,483 | $4.70 | $1.89M |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Sold pursuant to the 10b5-1 Plan adopted by SFS Corp on March 17, 2025. Represents the weighted average price of shares sold. The price of the shares sold ranged from $4.63 to $4.86 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each price. These securities are held directly by SFS Corp, a 10% holder of the Issuer, and indirectly by Mat Ishbia. Mat Ishbia is the Chief Executive Officer and sole director of SFS Corp and serves as the investment advisor to the trust that owns the voting securities of SFS Corp, and therefore exercises all voting and dispositive power of the securities held by SFS Corp. In addition, trusts for the benefit of Mat Ishbia and his immediate family are shareholders of SFS Corp. By virtue of its relationship with Mat Ishbia, a director and the CEO of the Issuer, SFS Corp may be deemed to be a director by deputization. Represents the weighted average price of shares sold. The price of the shares sold ranged from $4.62 to $4.69 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each price. Represents the weighted average price of shares sold. The price of the shares sold ranged from $4.54 to $4.65 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each price. Represents the weighted average price of shares sold. The price of the shares sold ranged from $4.39 to $4.56 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each price These shares are held directly by Mat Ishbia and SFS Corp. has no interests in these shares. These Restricted Stock Units ("RSUs") convert to Class A Common Stock on a one-for-one basis. These RSUs vest on March 1, 2026. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.
