Walker & Dunlop EVP granted dividend rights
THEOBALD STEPHEN P reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
THEOBALD STEPHEN P reported acquisition or exercise transactions in this Form 4 filing.
Walker & Dunlop, Inc. executive Stephen P. Theobald, EVP & Chief Operating Officer, received a grant of dividend equivalent rights tied to his existing equity awards. The award covers 142.566 dividend equivalent rights, each economically equivalent to one share of common stock.
These dividend equivalent rights accrued on restricted stock units already held by the executive and will vest proportionately with those underlying restricted stock units. Following this grant, he holds a total of 1,435.251 dividend equivalent rights directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 142.566 shares
Grant/Award
1 txn
Insider
THEOBALD STEPHEN P
Role
EVP & Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 142.566 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 1,435.251 contracts (Direct)
Footnotes (2)
- F1. Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.
- F2. The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.
Key Figures
Dividend equivalent rights granted: 142.566 rights
Total dividend equivalent rights after grant: 1,435.251 rights
Underlying common stock equivalence: 1 right = 1 share
+1 more
4 metrics
Dividend equivalent rights granted
142.566 rights
Grant to EVP & COO on dividend equivalents
Total dividend equivalent rights after grant
1,435.251 rights
Holdings following the reported transaction
Underlying common stock equivalence
1 right = 1 share
Each dividend equivalent right equals one share of common stock
Underlying common stock for this grant
142.566 shares
Underlying common stock tied to granted rights
Key Terms
Dividend Equivalent Rights, restricted stock units, derivative securities
3 terms
Dividend Equivalent Rights financial
"Each dividend equivalent right is the economic equivalent of one share of common stock of the Company."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
restricted stock units financial
"The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate."
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.
derivative securities financial
"The transaction involves Dividend Equivalent Rights reported as derivative securities related to common stock."
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Walker & Dunlop (WD) report in this Form 4 for Stephen P. Theobald?
Walker & Dunlop reported that EVP & Chief Operating Officer Stephen P. Theobald received 142.566 dividend equivalent rights. These are equity-based compensation awards tied to existing restricted stock units and increase his total dividend equivalent rights holdings to 1,435.251.
What are the dividend equivalent rights granted to the Walker & Dunlop (WD) executive?
The filing states that each dividend equivalent right is the economic equivalent of one share of Walker & Dunlop common stock. They mirror the value of the underlying shares by tracking the company’s dividends without representing separate common shares at grant.
How many dividend equivalent rights does Stephen P. Theobald hold after this Walker & Dunlop (WD) transaction?
After the reported grant, Stephen P. Theobald holds a total of 1,435.251 dividend equivalent rights. This reflects the addition of 142.566 new rights to his prior balance, all held as direct derivative interests linked to Walker & Dunlop common stock.
How do the Walker & Dunlop (WD) dividend equivalent rights vest for the executive?
The filing explains that the dividend equivalent rights accrue on restricted stock units and vest proportionately with those units. This means the rights follow the same vesting schedule as the underlying restricted stock units already granted to Stephen P. Theobald.
Is this Walker & Dunlop (WD) Form 4 transaction an open-market stock purchase or sale?
No, the transaction is a grant, coded as an acquisition of derivative securities rather than a market trade. It represents compensation-related dividend equivalent rights associated with existing restricted stock units, not a buy or sell of common stock in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
