UWMC CFO exercises 4,671 RSUs, shares withheld
UWM Holdings Corp EVP and CFO Rami Hasani reported equity award activity involving Restricted Stock Units (RSUs) and Class A Common Stock.
Rhea-AI Filing Summary
UWM Holdings Corp EVP and CFO Rami Hasani reported equity award activity involving Restricted Stock Units (RSUs) and Class A Common Stock. On February 27, 2026, 4,671 RSUs vested and were settled into an equal number of Class A shares at a transaction price of 4.4100 per share. The company then withheld 1,360 of those shares to cover minimum tax obligations under the award agreement, which is not treated as a sale by the insider. Following these transactions, Hasani directly held 12,426 Class A shares and multiple RSU awards that vest between 2026 and 2032 under the 2020 Omnibus Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,671 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 4,671 | $4.41 | $21K |
| Exercise Price or Tax Liability | Class A Common Stock | 1,360 | $4.41 | $6K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Footnotes (7)
- F1. On February 27, 2026, 4,671 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 in accordance with the following schedule: 7,971 vest on August 30, 2026 and 23,913 vest on August 30, 2028. These RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.
- F5. These RSUs vest on April 1, 2032. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.
- F6. These RSUs vest on September 1, 2026. These RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.
- F7. These RSUs vest on March 1, 2027. 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 transactions did UWMC CFO Rami Hasani report on this Form 4?
What ongoing RSU holdings does the UWMC CFO report after these transactions?
When are key RSU awards for the UWMC CFO scheduled to vest?
Does this UWMC Form 4 indicate open-market buying or selling by the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.