Walker & Dunlop Inc SEC Filings

Walker & Dunlop, Inc. (WD) Form 4: Gregory Florkowski, the company's Executive Vice President and Chief Financial Officer, reported the acquisition on 09/05/2025 of 17.515 dividend equivalent rights tied to restricted stock units (RSUs). Each dividend equivalent right represents the economic equivalent of one share of common stock and vests proportionately with the underlying RSUs. The reported price is $0 and, following the transaction, the reporting person beneficially owns 75.487 shares (direct). The filing was executed by an attorney-in-fact and signed on 09/09/2025.

Walker & Dunlop, Inc. (WD) insider William M. Walker, who serves as Chairman & CEO and a director, reported acquiring 43.897 dividend equivalent rights on 09/05/2025 tied to restricted stock units. Each dividend equivalent right represents the economic equivalent of one share of the company’s common stock and vests proportionately with the underlying restricted stock units. Following the reported acquisition, the reporting person beneficially owns 400.1524 shares (direct). The transaction was reported on Form 4 and signed by an attorney-in-fact on 09/09/2025.

Insider transaction reported by Paula A. Pryor, EVP and Chief HR Officer of Walker & Dunlop, Inc. (WD). On 09/05/2025 Ms. Pryor received 14.148 dividend equivalent rights tied to restricted stock units; each right is economically equivalent to one share of the company's common stock. The report shows 45.907 shares beneficially owned following the transaction and lists the price as $0 for the dividend equivalent rights. The filing was signed by an attorney-in-fact on 09/09/2025.

This Form 4 discloses the mechanics of dividend equivalent rights vesting with restricted stock units and the change in reported beneficial ownership for the reporting person.

Walker & Dunlop insider filing: Stephen P. Theobald, EVP & Chief Operating Officer, reported an acquisition on 09/05/2025 of 1,198.049 dividend equivalent rights that are the economic equivalent of one share of the company each. The Form 4 shows the transaction coded “A” (acquisition) and lists a price of $0. The filing states these dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with those restricted stock units. The Form was signed by an attorney-in-fact on 09/09/2025 and filed for Walker & Dunlop, Inc. (WD).

Paula A. Pryor, EVP and Chief HR Officer and Director of Walker & Dunlop, Inc. (WD), reported an open-market sale of company stock. The Form 4 shows a sale of 5,336 shares on 08/29/2025 at a price of $86.2 per share, leaving 9,340.558 shares beneficially owned following the transaction. The filing was signed by an attorney-in-fact on 09/03/2025. The report is a routine Section 16 disclosure of an insider sale and identifies Pryor's relationship to the issuer as an officer and director.

Walker & Dunlop, Inc. disclosed that its operating subsidiary (the "Seller") and JPMorgan Chase Bank, N.A. (the "Buyer") entered into Amendment No. 4 to an Amended and Restated Side Letter that modifies a letter originally dated September 30, 2021. That letter sets forth fees, commitments and pricing information relating to a Master Repurchase Agreement that was originally dated August 26, 2019 and has been amended multiple times.

The filing lists the chain of prior amendments to both the side letter and the Master Repurchase Agreement but does not include the specific commercial or financial terms of Amendment No. 4 in the text provided.

Form 144 notice by Walker & Dunlop, Inc. (WD) proposing the sale of 5,336 common shares with an aggregate market value of $459,963.20. The shares represent a small portion of the company's outstanding common stock (34,069,118 shares) and the proposed approximate sale date is 08/29/2025 on the NYSE. The shares to be sold were acquired through restricted stock vesting as compensation on 03/15/2024 (950 shares), 02/15/2025 (2,010 shares), 03/14/2025 (6 shares) and 03/15/2025 (2,370 shares). The filer states there were no securities sold in the past three months and includes the standard representation that the person does not possess undisclosed material adverse information.

Walker & Dunlop, Inc. approved a new long-term performance stock unit award for CEO William Walker that is closely tied to shareholder returns. The PSUs can be earned only if the company’s annualized total shareholder return from August 24, 2025 through August 23, 2028 is at least 1.0 percentage point higher than the S&P 600 Small Cap Financials Index over the same period. If that hurdle is met, the number of performance stock units earned will be based on a “Value Creation Amount” equal to 5% of the company’s market capitalization growth above a value creation hurdle that assumes a 12% annualized return, divided by the stock’s 20-day VWAP at the end of the period. Earned PSUs are capped at the lesser of 521,526 shares and the quotient of $50,000,000 divided by that VWAP, and generally vest in three equal annual installments, subject to continued employment and certain acceleration terms.

Janus Henderson Group plc reports beneficial ownership of 1,559,135 shares of Walker & Dunlop common stock, representing 4.6% of the class. The filing shows these shares are held with shared voting and shared dispositive power; no sole voting or sole dispositive power is claimed. One indirect subsidiary, identified as JHIUS, is reported as beneficial owner of 782,197 shares (representing 2.3%) with shared voting and dispositive authority. The filing also includes a power of attorney delegating signature authority to named compliance officers for reporting purposes.