Walker & Dunlop, Inc. SEC filings document a NYSE-listed commercial real estate finance company whose common stock trades under WD. Its 8-K filings include quarterly and annual operating results, transaction volume, revenues, mortgage banking activity, servicing portfolio disclosures, and furnished press-release exhibits for financial results.
The company's regulatory documents also cover proxy governance, annual meeting matters, executive compensation disclosures, and capital-structure records. Material-event filings describe financing arrangements used by Walker & Dunlop and its operating subsidiary, Walker & Dunlop, LLC, including amendments to warehousing credit and security agreements and master repurchase agreements that support its commercial real estate lending and mortgage banking operations.
Walker & Dunlop EVP and Chief HR Officer Paula A. Pryor received a routine equity-related award. On March 27, she acquired 48.740 dividend equivalent rights tied to existing restricted stock units, with each right economically equivalent to one share of common stock.
The dividend equivalent rights accrued on her restricted stock units and will vest proportionately with those units. Following this grant, she holds a total of 114.397 dividend equivalent rights, reflecting additional stock-based compensation rather than an open-market purchase or sale.
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.
Florkowski Gregory reported acquisition or exercise transactions in this Form 4 filing.
Walker & Dunlop, Inc. executive vice president and chief financial officer Gregory Florkowski received a grant of 80.2100 Dividend Equivalent Rights on March 27, 2026. Each right is economically equivalent to one share of common stock and was credited in connection with restricted stock units he already holds.
Following this grant, Florkowski holds a total of 180.1480 dividend equivalent rights directly. These rights accrue as the company pays dividends and will vest on the same schedule and in the same proportions as the related restricted stock units.
Walker & Dunlop Inc: The Vanguard Group filed an amendment to its Schedule 13G reporting that, after an internal realignment, it beneficially owns 0 shares of Common Stock of Walker & Dunlop, Inc. The filing states certain subsidiaries or business divisions will report beneficial ownership separately in reliance on SEC Release No. 34-39538, and that The Vanguard Group, Inc. "no longer has, or is deemed to have, beneficial ownership" over those securities. The amendment is dated 03/27/2026 and references the realignment effective 01/12/2026.
Walker & Dunlop, Inc. director Dana L. Schmaltz purchased 1,000 shares of common stock in an open-market transaction at a price of $45.7800 per share. Following this buy, Schmaltz directly owns 84,325 shares of Walker & Dunlop common stock.
Walker & Dunlop director Dana L. Schmaltz exercised deferred stock units into common shares. On March 13, 2026, Schmaltz converted 1105 deferred stock units into 1105 shares of common stock at a stated price of $0.00 per share under the company’s Deferred Compensation Plan for Non-Employee Directors.
Following this compensation-related exercise, Schmaltz holds 83325 shares of Walker & Dunlop common stock directly. The deferred stock units were fully vested and represent one share of common stock each, and no shares were reported as sold in this filing.
Walker & Dunlop director Donna Wells exercised deferred stock units into common shares. On March 13, 2026, she converted 1,381 fully vested deferred stock units into 1,381 shares of Walker & Dunlop common stock under the company’s Deferred Compensation Plan for Non-Employee Directors, bringing her direct holdings to 6,658 shares.
Walker & Dunlop, Inc. held a virtual Investor Day outlining its long-term “Journey to ’30” growth strategy for its commercial real estate capital markets platform. Management highlighted how technology, servicing, capital markets and affordable housing are intended to work together to drive scale, recurring revenue and client retention.
For 2025, the company shows diluted EPS of $3.35, adjusted core EPS of $3.39, and adjusted EBITDA excluding charges of $315,905 thousand. For 2026, it targets diluted EPS of $3.50–$4.00, adjusted core EPS of $4.50–$5.00, and adjusted EBITDA of $300–$325 million.
By 2030, Walker & Dunlop is aiming for total revenues of $2 billion+, adjusted EBITDA of $400–$500 million, diluted EPS of $8.00–$10.00, and adjusted core EPS of $8.00–$10.00, supported by goals of $80 billion+ in annual debt origination volume and $35 billion+ in property sales volume. The company emphasizes non‑GAAP metrics such as adjusted EBITDA and adjusted core EPS to describe its outlook.
Walker & Dunlop director Ernest Michael Freedman reported an open-market purchase of 5,000 shares of common stock on March 5, 2026 at a weighted average price of $49.2087 per share, executed in multiple trades between $49.076 and $49.3499. Following this purchase, he directly owns 6,097 shares of Walker & Dunlop common stock.
Walker & Dunlop, Inc. entered into a Seventeenth Amendment to its Second Amended and Restated Warehousing Credit and Security Agreement with PNC Bank. The amendment extends the facility’s maturity to March 1, 2027, decreases the Bulge Commitment Fee, and adds short-term borrowing flexibility.
From March 2, 2026 until May 1, 2026, the borrower may request a one-time advance of up to $2,500,000,000, called the Limited Bulge Increase. Upon disbursement, the Warehousing Credit Limit rises by that amount, subject to the Limited Bulge Credit Limit, until that date or a shorter period set by PNC. Walker & Dunlop continues to guarantee the borrower’s obligations under the warehousing facility.