UWMC executive logs 1.61M RSU vesting, tax withholding

UWM Holdings Corp executive Alex Elezaj reported compensation-related equity activity involving Restricted Stock Units (RSUs) and Class A Common Stock.

Rhea-AI Filing Summary

UWM Holdings Corp executive Alex Elezaj reported compensation-related equity activity involving Restricted Stock Units (RSUs) and Class A Common Stock. On May 19, 2026, 1,608,794 of his RSUs vested and were settled into an equal number of Class A shares. The company then mandatorily withheld 661,736 of those shares at $2.92 per share to cover minimum tax withholding obligations, which is explicitly stated not to be a sale by Elezaj. Following these transactions, he directly holds 1,261,035 Class A shares. He also retains multiple RSU awards that convert one-for-one into Class A shares and are scheduled to vest on March 1, 2027 and August 30, 2031.

Insider Trade Summary

1,608,794 shares exercised/converted

Exercise 6 txns

Insider Elezaj Alex

Role EVP, Chief Strategy Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	1,608,794	$0.00	$0.00
Exercise	Class A Common Stock	1,608,794	$2.92	$4.70M
Exercise Price or Tax Liability	Class A Common Stock	661,736	$2.92	$1.93M
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--

Holdings After Transaction: Restricted Stock Units — 861,250 contracts (Direct); Class A Common Stock — 1,261,035 shares (Direct)

Footnotes (5)

1. F1. On May 19, 2026, 1,608,794 of the Reporting Person's Restricted Stock Units ("RSUs") vested and were settled for an equal number of Class A Common Stock.
2. 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.
3. F3. The RSUs convert to Class A Common Stock on a one-for-one basis.
4. F4. These RSUs vest on August 30, 2031. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.
5. F5. These RSUs vest on March 1, 2027. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.

Key Figures

RSUs vested: 1,608,794 units Shares withheld for taxes: 661,736 shares Withholding price: $2.92 per share +4 more

7 metrics

RSUs vested 1,608,794 units RSUs vested and settled into Class A shares on May 19, 2026

Shares withheld for taxes 661,736 shares Shares mandatorily withheld to satisfy minimum tax obligations

Withholding price $2.92 per share Reported price for 661,736-share tax-withholding disposition

Shares held after transactions 1,261,035 shares Direct Class A Common Stock holdings following reported Form 4 events

Unvested RSUs grant 1 27,194 underlying shares Restricted Stock Units convertible one-for-one into Class A shares

Unvested RSUs grant 2 175,439 underlying shares RSUs under 2020 Omnibus Incentive Plan vesting March 1, 2027

Unvested RSUs grant 3 658,617 underlying shares RSUs under 2020 Omnibus Incentive Plan vesting August 30, 2031

Key Terms

Restricted Stock Units, Class A Common Stock, Rule 16b-3, withholding obligations, +1 more

5 terms

Restricted Stock Units financial

"On May 19, 2026, 1,608,794 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.

Class A Common Stock financial

"vested and were settled for an equal number of Class A Common Stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Rule 16b-3 regulatory

"to meet the Company's minimum withholding obligations 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.

withholding obligations financial

"shares mandatorily withheld by the Company in accordance with the award agreement to meet the Company's minimum withholding obligations"

2020 Omnibus Incentive Plan financial

"The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider equity transactions did UWMC executive Alex Elezaj report?

Alex Elezaj reported RSU vesting and related share withholding. On May 19, 2026, 1,608,794 RSUs vested into the same number of Class A shares, with 661,736 shares withheld by UWM Holdings to satisfy minimum tax obligations under the award agreement.

How many UWM Holdings (UWMC) shares does Alex Elezaj hold after this Form 4?

After the reported transactions, Alex Elezaj directly holds 1,261,035 shares of UWM Holdings Class A Common Stock. This reflects the net position after RSU vesting into shares and the company’s mandatory share withholding to cover related tax obligations under the compensation plan.

Was the 661,736-share transaction by UWMC executive Alex Elezaj a stock sale?

The 661,736-share transaction was not a sale by Alex Elezaj. Footnotes explain these shares were mandatorily withheld by UWM Holdings to meet minimum tax withholding obligations in a transaction exempt under Rule 16b-3, rather than an open-market disposition.

What RSU vesting occurred for UWMC’s Alex Elezaj on May 19, 2026?

On May 19, 2026, 1,608,794 of Alex Elezaj’s Restricted Stock Units vested and were settled into an equal number of UWM Holdings Class A shares. The RSUs convert into stock on a one-for-one basis, as specified in the Form 4 footnotes.

Does Alex Elezaj still hold unvested RSUs in UWM Holdings (UWMC)?

Yes. Elezaj continues to hold several RSU awards that each convert one-for-one into Class A shares. Footnotes state portions of these RSUs are scheduled to vest on March 1, 2027 and August 30, 2031 under the company’s 2020 Omnibus Incentive Plan.

What price is associated with the UWMC shares withheld from Alex Elezaj?

The 661,736 shares withheld from Alex Elezaj for tax obligations are reported at $2.92 per share. This price applies to the tax-withholding disposition recorded in the Form 4 and is separate from any open-market trading activity.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/21/2026 - 04:12 PM Learn about SEC filing dates

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^*

Elezaj Alex

(Last) (First) (Middle)

C/O UWM HOLDINGS CORPORATION

585 SOUTH BLVD E

(Street)

PONTIAC MICHIGAN 48341

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/19/2026		M		1,608,794(1)	A	$2.92	1,922,771	D
Class A Common Stock	05/19/2026		F		661,736(2)	D	$2.92	1,261,035	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)							(4)	(4)	Class A Common Stock	175,439		175,439	D
Restricted Stock Units	(3)							(5)	(5)	Class A Common Stock	27,194		27,194	D
Restricted Stock Units	(3)	05/19/2026		M			1,608,794	(1)	(1)	Class A Common Stock	1,608,794	$0	0	D

Explanation of Responses:

1. On May 19, 2026, 1,608,794 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 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	05/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)