UWMC (UWMC) CFO logs 4,671 RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
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
4,671 shares exercised/converted
Mixed
8 txns
Insider
HASANI RAMI
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,671 | $0.00 | -- |
| Exercise | Class A Common Stock | 4,671 | $4.41 | $21K |
| Tax Withholding | 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 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common Stock — 13,786 shares (Direct)
Footnotes (1)
- 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. 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. The RSUs convert to Class A Common Stock on a one-for-one basis. 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. These RSUs vest on April 1, 2032. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan. These RSUs vest on September 1, 2026. These RSUs were granted pursuant to the 2020 Omnibus Incentive Plan. These RSUs vest on March 1, 2027. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.
FAQ
What insider transactions did UWMC CFO Rami Hasani report on this Form 4?
Rami Hasani reported the vesting and settlement of 4,671 Restricted Stock Units into Class A Common Stock, and a related share withholding for taxes. These are equity award-related transactions, not open-market purchases or sales, reflecting routine compensation events under the company’s incentive plan.
What ongoing RSU holdings does the UWMC CFO report after these transactions?
After the reported transactions, the CFO still holds several blocks of Restricted Stock Units, including awards with 31,884, 183,151, 2,500, 175,439, and 12,458 units. These RSUs remain outstanding and are scheduled to vest on various future dates under the 2020 Omnibus Incentive Plan.
When are key RSU awards for the UWMC CFO scheduled to vest?
One RSU grant vests 7,971 units on August 30, 2026 and 23,913 units on August 30, 2028. Additional RSU awards are scheduled to vest on April 1, 2032, September 1, 2026, and March 1, 2027, all granted under UWM’s 2020 Omnibus Incentive Plan.
Does this UWMC Form 4 indicate open-market buying or selling by the CFO?
The transactions reflect equity award vesting, conversion of RSUs into Class A shares, and tax-withholding dispositions. The codes and footnotes show no open-market buys or sells; instead, they document routine compensation-related movements in the CFO’s share and RSU holdings.