Welcome to our dedicated page for Walker & Dunlop SEC filings (Ticker: WD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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.
William M. Walker, Chairman & CEO of Walker & Dunlop, Inc., reported equity award settlements and share movements dated January 30, 2026. He acquired 7,829.986 shares of common stock at $0.00 per share upon the settlement of deferred stock units, restricted stock units, and related dividend equivalent rights. On the same date, he disposed of 3,251 common shares at $62.89 per share. Following these transactions, he directly owned 440,392.192 common shares, with additional indirect holdings of 540,147 shares through Walker Family Holdings LLC and 3,955 shares each as custodian for three sons.
Walker & Dunlop, Inc. entered into a Sixteenth Amendment to its Second Amended and Restated Warehousing Credit and Security Agreement with PNC Bank, National Association. The change, dated January 29, 2026, updates the warehousing facility to reduce the Applicable Daily Floating Term SOFR Rate, effectively lowering the interest benchmark on this financing line.
Walker & Dunlop, LLC remains the borrower under the warehousing facility, and Walker & Dunlop, Inc. continues to guarantee the borrower’s obligations. PNC and its affiliates also provide other financial services and engage in forward delivery and derivative arrangements with affiliates of the company in the ordinary course of business.
Walker & Dunlop Chairman and CEO files insider equity update
The Chairman and CEO of Walker & Dunlop, Inc. (WD), who also serves as a director, reported an equity-related transaction dated 12/05/2025. The filing shows an acquisition of 61.279 dividend equivalent rights, which are derivatives tied to the company’s common stock.
Each dividend equivalent right is the economic equivalent of one share of Walker & Dunlop common stock and accrued on restricted stock units already held by the executive. These rights vest proportionately with the related restricted stock units, at an exercise price of $0. Following this transaction, the executive directly beneficially owns 461.4314 derivative securities in the form of dividend equivalent rights linked to common shares.
Walker & Dunlop, Inc. officer EVP & Chief Operating Officer reported an equity-related transaction on 12/05/2025. The Form 4 shows the acquisition of 94.636 dividend equivalent rights, which the company states are economically equivalent to the same number of shares of its common stock.
The dividend equivalent rights were credited on restricted stock units already held by the executive and will vest proportionately with those underlying restricted stock units. After this transaction, the reporting person beneficially owned 1,292.685 dividend equivalent rights, held directly.
Walker & Dunlop, Inc. executive vice president and Chief HR Officer reported a routine equity-related transaction. On 12/05/2025, the officer acquired 19.75 dividend equivalent rights, each economically equivalent to one share of Walker & Dunlop common stock. These rights accrued on restricted stock units already held by the officer and will vest proportionately with those restricted stock units.
After this transaction, the officer beneficially owned 65.657 derivative securities tied to Walker & Dunlop common stock. The dividend equivalent rights were acquired at a stated price of $0, reflecting their nature as an adjustment linked to existing restricted stock unit awards rather than an open-market purchase.
Walker & Dunlop executive reports dividend equivalent rights
Walker & Dunlop, Inc. executive officer EVP, GC, Secretary & CCO filed a Form 4 reporting an equity-related transaction on 12/05/2025. The filing shows an acquisition (code "A") of 42.837 dividend equivalent rights, each economically equivalent to one share of Walker & Dunlop common stock, at a price of $0 per right.
The 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 transaction, the executive beneficially owns 169.545 derivative securities of this type in direct ownership form.
Walker & Dunlop, Inc. executive vice president and chief financial officer reported an equity-related transaction involving derivative securities tied to the company’s common stock. On 12/05/2025, the officer acquired 24.451 dividend equivalent rights, each economically equivalent to one share of common stock, at a price of $0.
These dividend equivalent rights accrued on restricted stock units already held and will vest proportionately with those units over time. Following this transaction, the officer beneficially owned 99.938 derivative securities directly, reflecting ongoing alignment of compensation with the company’s equity performance rather than an open-market purchase or sale.
Walker & Dunlop (WD) filed its Q3 2025 10‑Q, reporting total revenues of $337.7 million, up from $292.3 million a year ago. Net income was $33.5 million versus $28.8 million, with diluted EPS of $0.98 compared to $0.85. For the nine months, revenues reached $894.3 million and net income was $70.2 million.
Growth was broad-based: loan origination and debt brokerage fees were $97.8 million, servicing fees were $85.2 million, property sales broker fees were $26.5 million, and fair value of expected net cash flows from servicing added $48.7 million. MSRs carried a net value of $806.0 million after $52.3 million of quarterly amortization. The at-risk Fannie Mae servicing portfolio CECL allowance was $24.8 million with a forecast-period loss rate of 2.1 basis points in Q3.
Total assets were $5.80 billion (up from $4.38 billion at year-end), driven by loans held for sale of $2.20 billion. Warehouse notes payable increased to $2.18 billion. Servicing UPB was $139.3 billion. The company maintained $6.05 billion of Agency warehouse capacity with $2.18 billion outstanding, and had a $450 million term loan (balance $447.8 million) plus $400 million of Senior Notes hedged via a fair value swap tied to SOFR. Allowance for risk‑sharing obligations was $34.1 million.
Walker & Dunlop, Inc. furnished an 8-K to report that it has issued a press release detailing its financial results for the quarter and year-to-date period ended September 30, 2025. The press release, dated November 6, 2025, is included as Exhibit 99.1 and is incorporated by reference into the results of operations and financial condition section. The company states that this information, including Exhibit 99.1, is being furnished rather than filed, meaning it is not automatically incorporated into Securities Act registration statements.
Walker & Dunlop, Inc. amended its Master Repurchase Agreement with JPMorgan Chase Bank, N.A., extending the agreement's Termination Date to September 10, 2026. The company continues to guarantee the operating subsidiary Walker & Dunlop, LLC's obligations under the repurchase facility. A Side Letter dated September 11, 2025 updates fees, commitments and pricing, temporarily increasing the defined Facility Amount to $1,500,000,000 from September 11, 2025 through November 20, 2025, after which the Facility Amount will revert to $1,000,000,000 (previously $950,000,000). The Side Letter also revises the Non-Usage Fee definition and eliminates the Upfront Fee.