UWM EVP Wilner RSUs vest; shares withheld for tax
UWM Holdings Corp EVP and COO Melinda Wilner reported a large RSU vesting and tax-withholding event.
Rhea-AI Filing Summary
UWM Holdings Corp EVP and COO Melinda Wilner reported a large RSU vesting and tax-withholding event. On May 19, 2026, 1,608,794 Restricted Stock Units vested and were settled into an equal number of Class A Common Stock shares on a one-for-one basis.
The company mandatorily withheld 662,059 of these shares to meet minimum tax withholding obligations, a disposition exempt under Rule 16b-3 and not an open-market sale. Following these transactions, Wilner holds 1,017,935 Class A shares directly, while her spouse holds 1,000 shares in a separate account. She also retains several unvested RSU awards tied to future vesting dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,608,794 shares exercised/converted
Exercise
7 txns
Insider
Wilner Melinda
Role
EVP, COO
| 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 | 662,059 | $2.92 | $1.93M |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 973,437 contracts (Direct);
Class A Common Stock — 1,017,935 shares (Direct);
Class A Common Stock — 1,000 shares (Indirect, See Footnote)
Footnotes (6)
- 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.
- 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 Reporting Person's spouse holds these shares in a separate account. The Reporting Person disclaims pecuniary interest in these shares.
- F4. The RSUs convert to Class A Common Stock on a one-for-one basis.
- F5. These RSUs vest on August 30, 2031. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.
- F6. 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: 662,059 shares
Direct Class A shares after transaction: 1,017,935 shares
+4 more
7 metrics
RSUs vested
1,608,794 units
Restricted Stock Units vested and settled into Class A shares on May 19, 2026
Shares withheld for taxes
662,059 shares
Class A shares mandatorily withheld to satisfy minimum tax withholding obligations
Direct Class A shares after transaction
1,017,935 shares
Direct holdings of Class A Common Stock following vesting and tax withholding
Spouse-held shares
1,000 shares
Class A shares held in spouse’s separate account; pecuniary interest disclaimed
Remaining RSU grant 1
29,611 units
Unvested RSUs convertible one-for-one into Class A Common Stock
Remaining RSU grant 2
175,439 units
Unvested RSUs under 2020 Omnibus Incentive Plan, vesting March 1, 2027
Remaining RSU grant 3
768,387 units
Unvested RSUs under 2020 Omnibus Incentive Plan, vesting August 30, 2031
Key Terms
Restricted Stock Units, Rule 16b-3, pecuniary interest, 2020 Omnibus Incentive Plan, +1 more
5 terms
Restricted Stock Units financial
"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.
Rule 16b-3 regulatory
"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.
pecuniary interest financial
"The Reporting Person disclaims pecuniary interest in these shares."
2020 Omnibus Incentive Plan financial
"The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan."
one-for-one basis financial
"The RSUs convert to Class A Common Stock on a one-for-one basis."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did UWM Holdings (UWMC) EVP Melinda Wilner report in this Form 4?
Melinda Wilner reported vesting of 1,608,794 Restricted Stock Units that settled into the same number of Class A shares. The filing also shows shares withheld for taxes and updated direct and indirect share holdings, plus remaining unvested RSU awards.
What RSU awards does Melinda Wilner still hold after this UWM Holdings filing?
After the vesting event, Wilner retains several RSU grants. The filing cites blocks of 29,611, 175,439, and 768,387 RSUs, with portions vesting on March 1, 2027 and August 30, 2031 under the company’s 2020 Omnibus Incentive Plan, each convertible one-for-one into Class A shares.
How many UWM Holdings RSUs vested for Melinda Wilner on May 19, 2026?
On May 19, 2026, 1,608,794 of Melinda Wilner’s Restricted Stock Units vested. According to the filing, these RSUs were settled for an equal number of UWM Holdings Class A Common Stock shares, consistent with the one-for-one conversion ratio described in the footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
