[Form 4] UWM Holdings Corporation Insider Trading Activity
Mat Ishbia, the President and CEO of UWM Holdings Corp and a reported 10% owner, reported multiple dispositions of Class A common stock in Form 4 filings dated 08/11/2025. On 08/08/2025 and 08/11/2025, 400,036 shares were sold on each date pursuant to a 10b5-1 plan adopted by SFS Corp on March 17, 2025; the filing lists a weighted average price of $4.58 and notes sale price ranges of $4.43鈥�$4.74 and $4.52鈥�$4.67 for the respective transactions. A separate disposition of 279,989 shares is also reported as directly held by Mat Ishbia. After the reported transactions, SFS-held indirect Class A holdings are shown as 2,298,668 and 1,898,632 in the table following those sales.
The filing also shows 180,737 restricted stock units that convert one-for-one into Class A common stock; those RSUs vest on March 1, 2026 and were granted under the 2020 Omnibus Incentive Plan. The Form 4 is signed by Mat Ishbia (and signed on behalf of SFS Holding Corp) on 08/11/2025. Footnotes disclose that SFS Corp is a 10% holder and describe Mat Ishbia's control relationship with SFS Corp and certain family trusts.
Mat Ishbia, il Presidente e CEO di UWM Holdings Corp e segnalato come azionista al 10%, ha registrato pi霉 dismissioni di azioni ordinarie di Classe A nel modulo Form 4 datato 08/11/2025. In data 08/08/2025 e 08/11/2025 sono state vendute 400,036 azioni in ciascuna delle due date ai sensi di un piano 10b5-1 adottato da SFS Corp il 17 marzo 2025; la comunicazione indica un prezzo medio ponderato di $4.58 e riporta fasce di prezzo di vendita di $4.43鈥�$4.74 e $4.52鈥�$4.67 per le rispettive transazioni. 脠 inoltre riportata una dismissione separata di 279,989 azioni detenute direttamente da Mat Ishbia. Dopo le operazioni segnalate, le partecipazioni indirette in Class A detenute da SFS risultano nella tabella successiva alle vendite come 2,298,668 e 1,898,632.
La documentazione mostra anche 180,737 unit脿 azionarie vincolate che si convertono uno a uno in azioni ordinarie di Classe A; queste RSU maturano il 1 marzo 2026 e sono state assegnate ai sensi del 2020 Omnibus Incentive Plan. Il Form 4 猫 firmato da Mat Ishbia (e sottoscritto per conto di SFS Holding Corp) in data 08/11/2025. Le note a pi猫 di pagina indicano che SFS Corp 猫 un detentore al 10% e descrivono il rapporto di controllo di Mat Ishbia con SFS Corp e con alcuni trust familiari.
Mat Ishbia, presidente y CEO de UWM Holdings Corp y reportado como propietario del 10%, inform贸 varias enajenaciones de acciones ordinarias de Clase A en presentaciones Form 4 fechadas el 08/11/2025. El 08/08/2025 y el 08/11/2025 se vendieron 400,036 acciones en cada una de esas fechas conforme a un plan 10b5-1 adoptado por SFS Corp el 17 de marzo de 2025; la presentaci贸n indica un precio medio ponderado de $4.58 y se帽ala rangos de precio de venta de $4.43鈥�$4.74 y $4.52鈥�$4.67 para las respectivas transacciones. Tambi茅n se reporta una enajenaci贸n separada de 279,989 acciones que son propiedad directa de Mat Ishbia. Tras las transacciones informadas, las participaciones indirectas en Clase A en poder de SFS aparecen en la tabla posterior a esas ventas como 2,298,668 y 1,898,632.
La presentaci贸n tambi茅n muestra 180,737 unidades de acciones restringidas que se convierten una a una en acciones ordinarias de Clase A; esas RSU vencen el 1 de marzo de 2026 y fueron otorgadas bajo el 2020 Omnibus Incentive Plan. El Form 4 est谩 firmado por Mat Ishbia (y firmado en nombre de SFS Holding Corp) el 08/11/2025. Las notas al pie revelan que SFS Corp es un tenedor del 10% y describen la relaci贸n de control de Mat Ishbia con SFS Corp y ciertos fideicomisos familiares.
Mat Ishbia電� UWM Holdings Corp鞚� 靷灔 瓴� CEO鞚挫瀽 氤搓碃靸� 10% 氤挫湢鞛愲, 08/11/2025鞛� Form 4 鞝滌稖靹滊鞐愳劀 韥措灅鞀� A 氤错喌欤检潣 鞐煬 觳橂秳鞚� 氤搓碃頄堨姷雼堧嫟. 08/08/2025鞕赌 08/11/2025鞐� 臧侁皝 400,036欤缄皜 2025雲� 3鞗� 17鞚� SFS Corp臧� 毂勴儩頃� 10b5-1 瓿勴殟鞐� 霐半澕 毵る弰霅橃棃鞙茧┌, 鞝滌稖靹滊電� 臧�欷戫弶攴� 臧�瓴╈潉 $4.58搿� 旮办灛頃橁碃 頃措嫻 瓯半灅霌れ棎 雽�頃� 毵る弰臧�瓴� 氩旍渼毳� 臧侁皝 $4.43鈥�$4.74鞕赌 $4.52鈥�$4.67搿� 響滉赴頄堨姷雼堧嫟. 氤勲弰搿� Mat Ishbia臧� 歆侅爲 氤挫湢頃� 279,989欤检潣 觳橂秳霃� 氤搓碃霅橃柎 鞛堨姷雼堧嫟. 氤搓碃霅� 瓯半灅 鞚错泟 SFS臧� 臧勳爲 氤挫湢頃� 韥措灅鞀� A 歆�攵勳潃 頃措嫻 毵る弰 霋� 響滌棎 2,298,668 氚� 1,898,632搿� 響滌嫓霅橃柎 鞛堨姷雼堧嫟.
鞝滌稖靹滊電� 霕愴暅 1雽�1搿� 韥措灅鞀� A 氤错喌欤茧 鞝勴櫂霅橂姅 180,737臧滌潣 鞝滍暅攵� 欤检嫕雼渼(RSU)臧� 鞛堨潓鞚� 氤挫棳欷嶋媹雼�; 鞚� RSU電� 2026雲� 3鞗� 1鞚�鞐� 鞕勳爠頌� 旆摑霅橂┌ 2020雲� Omnibus Incentive Plan鞐� 霐半澕 攵�鞐悩鞐堨姷雼堧嫟. Form 4電� 08/11/2025鞐� Mat Ishbia(氚� SFS Holding Corp毳� 雽�鞁犿晿鞐� 靹滊獏) 靹滊獏鞙茧 鞝滌稖霅橃棃鞀惦媹雼�. 臧侅＜鞐愲姅 SFS Corp臧� 10% 氤挫湢鞛愳瀯鞚� 瓿店皽霅橃柎 鞛堦碃 Mat Ishbia鞚� SFS Corp 氚� 鞚茧秬 臧�臁� 鞁犿儊瓿检潣 歆�氚� 甏�瓿勱皜 靹る獏霅橃柎 鞛堨姷雼堧嫟.
Mat Ishbia, pr茅sident et directeur g茅n茅ral d'UWM Holdings Corp et d茅tenteur pr茅sum茅 de 10 %, a d茅clar茅 plusieurs cessions d'actions ordinaires de classe A dans des d茅p么ts Form 4 dat茅s du 08/11/2025. Les 08/08/2025 et 08/11/2025, 400,036 actions ont 茅t茅 vendues 脿 chaque date conform茅ment 脿 un plan 10b5鈥�1 adopt茅 par SFS Corp le 17 mars 2025 ; le d茅p么t indique un prix moyen pond茅r茅 de $4.58 et signale des fourchettes de prix de vente de $4.43鈥�$4.74 et $4.52鈥�$4.67 pour les transactions respectives. Une cession distincte de 279,989 actions est 茅galement signal茅e comme d茅tenue directement par Mat Ishbia. Apr猫s les transactions rapport茅es, les participations indirectes en classe A d茅tenues par SFS figurent dans le tableau suivant ces ventes comme 2,298,668 et 1,898,632.
Le d茅p么t montre 茅galement 180,737 unit茅s d'actions restreintes se convertissant une pour une en actions ordinaires de classe A ; ces RSU acquerront droits le 1er mars 2026 et ont 茅t茅 attribu茅es dans le cadre du Omnibus Incentive Plan 2020. Le Form 4 est sign茅 par Mat Ishbia (et sign茅 au nom de SFS Holding Corp) le 08/11/2025. Les notes indiquent que SFS Corp est un d茅tenteur de 10 % et d茅crivent la relation de contr么le de Mat Ishbia avec SFS Corp et certains trusts familiaux.
Mat Ishbia, Pr盲sident und CEO von UWM Holdings Corp und als rund 10%-Anteilseigner gemeldet, meldete mehrere Ver盲u脽erungen von Class鈥慉鈥慡tammaktien in Form鈥�4鈥慐inreichungen datiert 08/11/2025. Am 08/08/2025 und 08/11/2025 wurden jeweils 400,036 Aktien gem盲脽 einem 10b5鈥�1鈥慞lan verkauft, den SFS Corp am 17. M盲rz 2025 angenommen hatte; die Einreichung nennt einen gewichteten Durchschnittspreis von $4.58 und gibt Verkaufspreisspannen von $4.43鈥�$4.74 bzw. $4.52鈥�$4.67 f眉r die jeweiligen Transaktionen an. Eine separate Ver盲u脽erung von 279,989 Aktien wird ebenfalls als direkt von Mat Ishbia gehalten gemeldet. Nach den gemeldeten Transaktionen werden die indirekt von SFS gehaltenen Class鈥慉鈥態est盲nde in der nachfolgenden Tabelle mit 2,298,668 und 1,898,632 ausgewiesen.
Die Einreichung zeigt au脽erdem 180,737 Restricted Stock Units (RSU), die sich eins鈥憐u鈥慹ins in Class鈥慉鈥慡tammaktien umwandeln; diese RSU vesten am 1. M盲rz 2026 und wurden gem盲脽 dem Omnibus Incentive Plan 2020 gew盲hrt. Das Form 4 ist am 08/11/2025 von Mat Ishbia (und im Namen von SFS Holding Corp) unterschrieben. Fu脽noten legen offen, dass SFS Corp ein 10%-Inhaber ist, und beschreiben Mat Ishbias Kontrollverh盲ltnis zu SFS Corp und bestimmten Familientrusts.
- Sales executed under a documented 10b5-1 plan, reducing concerns about opportunistic timing
- Clear disclosure of RSUs: 180,737 RSUs convert one-for-one and vest on March 1, 2026
- Detailed footnotes explain SFS Holding Corp's relationship to Mat Ishbia and trust ownership, improving transparency
- Insider dispositions total 1,080,061 shares (400,036 on 08/08/2025, 400,036 on 08/11/2025, and 279,989 reported separately), which materially reduce reported holdings
- Indirect holdings reported declined in the entries from 2,298,668 to 1,898,632 following the reported SFS sales
- Sale price ranges include lows of $4.43 and $4.52, with a reported weighted average of $4.58, indicating sales occurred across a price range
Insights
TL;DR: Insiders executed pre-planned sales under a 10b5-1 plan; disclosure is complete and remaining holdings and RSUs are clearly reported.
The Form 4 shows materially sized dispositions executed under a documented 10b5-1 trading plan adopted March 17, 2025, which reduces concerns about selective timing by the reporting parties. The filing discloses both indirect holdings through SFS Holding Corp and direct holdings of Mat Ishbia, including a separate direct disposition of 279,989 shares. The report includes full footnote disclosure on ownership links (SFS Corp, trusts) and provides price ranges and weighted averages. Governance transparency is strong here; the plan and footnotes allow stakeholders to verify the nature and timing of the trades.
TL;DR: Large insider disposals totaling 1,080,061 shares were reported; impact is disclosure-driven and may be neutral absent additional context.
The filing lists two SFS-directed sales of 400,036 shares on 08/08/2025 and 08/11/2025 and a separate direct disposal of 279,989 shares, totaling 1,080,061 shares reported disposed. The weighted average price for the SFS trades is shown as $4.58, with disclosed intra-range prices. While the absolute share count is significant, the sales were executed under a 10b5-1 plan and the filer retains substantial indirect holdings (shown at 2,298,668 and 1,898,632 in the entries), plus 180,737 RSUs vesting March 1, 2026. Without additional market-cap or float context in the filing, the immediate market impact is unclear; the disclosure is adequate for investors to quantify reduction in holdings.
Mat Ishbia, il Presidente e CEO di UWM Holdings Corp e segnalato come azionista al 10%, ha registrato pi霉 dismissioni di azioni ordinarie di Classe A nel modulo Form 4 datato 08/11/2025. In data 08/08/2025 e 08/11/2025 sono state vendute 400,036 azioni in ciascuna delle due date ai sensi di un piano 10b5-1 adottato da SFS Corp il 17 marzo 2025; la comunicazione indica un prezzo medio ponderato di $4.58 e riporta fasce di prezzo di vendita di $4.43鈥�$4.74 e $4.52鈥�$4.67 per le rispettive transazioni. 脠 inoltre riportata una dismissione separata di 279,989 azioni detenute direttamente da Mat Ishbia. Dopo le operazioni segnalate, le partecipazioni indirette in Class A detenute da SFS risultano nella tabella successiva alle vendite come 2,298,668 e 1,898,632.
La documentazione mostra anche 180,737 unit脿 azionarie vincolate che si convertono uno a uno in azioni ordinarie di Classe A; queste RSU maturano il 1 marzo 2026 e sono state assegnate ai sensi del 2020 Omnibus Incentive Plan. Il Form 4 猫 firmato da Mat Ishbia (e sottoscritto per conto di SFS Holding Corp) in data 08/11/2025. Le note a pi猫 di pagina indicano che SFS Corp 猫 un detentore al 10% e descrivono il rapporto di controllo di Mat Ishbia con SFS Corp e con alcuni trust familiari.
Mat Ishbia, presidente y CEO de UWM Holdings Corp y reportado como propietario del 10%, inform贸 varias enajenaciones de acciones ordinarias de Clase A en presentaciones Form 4 fechadas el 08/11/2025. El 08/08/2025 y el 08/11/2025 se vendieron 400,036 acciones en cada una de esas fechas conforme a un plan 10b5-1 adoptado por SFS Corp el 17 de marzo de 2025; la presentaci贸n indica un precio medio ponderado de $4.58 y se帽ala rangos de precio de venta de $4.43鈥�$4.74 y $4.52鈥�$4.67 para las respectivas transacciones. Tambi茅n se reporta una enajenaci贸n separada de 279,989 acciones que son propiedad directa de Mat Ishbia. Tras las transacciones informadas, las participaciones indirectas en Clase A en poder de SFS aparecen en la tabla posterior a esas ventas como 2,298,668 y 1,898,632.
La presentaci贸n tambi茅n muestra 180,737 unidades de acciones restringidas que se convierten una a una en acciones ordinarias de Clase A; esas RSU vencen el 1 de marzo de 2026 y fueron otorgadas bajo el 2020 Omnibus Incentive Plan. El Form 4 est谩 firmado por Mat Ishbia (y firmado en nombre de SFS Holding Corp) el 08/11/2025. Las notas al pie revelan que SFS Corp es un tenedor del 10% y describen la relaci贸n de control de Mat Ishbia con SFS Corp y ciertos fideicomisos familiares.
Mat Ishbia電� UWM Holdings Corp鞚� 靷灔 瓴� CEO鞚挫瀽 氤搓碃靸� 10% 氤挫湢鞛愲, 08/11/2025鞛� Form 4 鞝滌稖靹滊鞐愳劀 韥措灅鞀� A 氤错喌欤检潣 鞐煬 觳橂秳鞚� 氤搓碃頄堨姷雼堧嫟. 08/08/2025鞕赌 08/11/2025鞐� 臧侁皝 400,036欤缄皜 2025雲� 3鞗� 17鞚� SFS Corp臧� 毂勴儩頃� 10b5-1 瓿勴殟鞐� 霐半澕 毵る弰霅橃棃鞙茧┌, 鞝滌稖靹滊電� 臧�欷戫弶攴� 臧�瓴╈潉 $4.58搿� 旮办灛頃橁碃 頃措嫻 瓯半灅霌れ棎 雽�頃� 毵る弰臧�瓴� 氩旍渼毳� 臧侁皝 $4.43鈥�$4.74鞕赌 $4.52鈥�$4.67搿� 響滉赴頄堨姷雼堧嫟. 氤勲弰搿� Mat Ishbia臧� 歆侅爲 氤挫湢頃� 279,989欤检潣 觳橂秳霃� 氤搓碃霅橃柎 鞛堨姷雼堧嫟. 氤搓碃霅� 瓯半灅 鞚错泟 SFS臧� 臧勳爲 氤挫湢頃� 韥措灅鞀� A 歆�攵勳潃 頃措嫻 毵る弰 霋� 響滌棎 2,298,668 氚� 1,898,632搿� 響滌嫓霅橃柎 鞛堨姷雼堧嫟.
鞝滌稖靹滊電� 霕愴暅 1雽�1搿� 韥措灅鞀� A 氤错喌欤茧 鞝勴櫂霅橂姅 180,737臧滌潣 鞝滍暅攵� 欤检嫕雼渼(RSU)臧� 鞛堨潓鞚� 氤挫棳欷嶋媹雼�; 鞚� RSU電� 2026雲� 3鞗� 1鞚�鞐� 鞕勳爠頌� 旆摑霅橂┌ 2020雲� Omnibus Incentive Plan鞐� 霐半澕 攵�鞐悩鞐堨姷雼堧嫟. Form 4電� 08/11/2025鞐� Mat Ishbia(氚� SFS Holding Corp毳� 雽�鞁犿晿鞐� 靹滊獏) 靹滊獏鞙茧 鞝滌稖霅橃棃鞀惦媹雼�. 臧侅＜鞐愲姅 SFS Corp臧� 10% 氤挫湢鞛愳瀯鞚� 瓿店皽霅橃柎 鞛堦碃 Mat Ishbia鞚� SFS Corp 氚� 鞚茧秬 臧�臁� 鞁犿儊瓿检潣 歆�氚� 甏�瓿勱皜 靹る獏霅橃柎 鞛堨姷雼堧嫟.
Mat Ishbia, pr茅sident et directeur g茅n茅ral d'UWM Holdings Corp et d茅tenteur pr茅sum茅 de 10 %, a d茅clar茅 plusieurs cessions d'actions ordinaires de classe A dans des d茅p么ts Form 4 dat茅s du 08/11/2025. Les 08/08/2025 et 08/11/2025, 400,036 actions ont 茅t茅 vendues 脿 chaque date conform茅ment 脿 un plan 10b5鈥�1 adopt茅 par SFS Corp le 17 mars 2025 ; le d茅p么t indique un prix moyen pond茅r茅 de $4.58 et signale des fourchettes de prix de vente de $4.43鈥�$4.74 et $4.52鈥�$4.67 pour les transactions respectives. Une cession distincte de 279,989 actions est 茅galement signal茅e comme d茅tenue directement par Mat Ishbia. Apr猫s les transactions rapport茅es, les participations indirectes en classe A d茅tenues par SFS figurent dans le tableau suivant ces ventes comme 2,298,668 et 1,898,632.
Le d茅p么t montre 茅galement 180,737 unit茅s d'actions restreintes se convertissant une pour une en actions ordinaires de classe A ; ces RSU acquerront droits le 1er mars 2026 et ont 茅t茅 attribu茅es dans le cadre du Omnibus Incentive Plan 2020. Le Form 4 est sign茅 par Mat Ishbia (et sign茅 au nom de SFS Holding Corp) le 08/11/2025. Les notes indiquent que SFS Corp est un d茅tenteur de 10 % et d茅crivent la relation de contr么le de Mat Ishbia avec SFS Corp et certains trusts familiaux.
Mat Ishbia, Pr盲sident und CEO von UWM Holdings Corp und als rund 10%-Anteilseigner gemeldet, meldete mehrere Ver盲u脽erungen von Class鈥慉鈥慡tammaktien in Form鈥�4鈥慐inreichungen datiert 08/11/2025. Am 08/08/2025 und 08/11/2025 wurden jeweils 400,036 Aktien gem盲脽 einem 10b5鈥�1鈥慞lan verkauft, den SFS Corp am 17. M盲rz 2025 angenommen hatte; die Einreichung nennt einen gewichteten Durchschnittspreis von $4.58 und gibt Verkaufspreisspannen von $4.43鈥�$4.74 bzw. $4.52鈥�$4.67 f眉r die jeweiligen Transaktionen an. Eine separate Ver盲u脽erung von 279,989 Aktien wird ebenfalls als direkt von Mat Ishbia gehalten gemeldet. Nach den gemeldeten Transaktionen werden die indirekt von SFS gehaltenen Class鈥慉鈥態est盲nde in der nachfolgenden Tabelle mit 2,298,668 und 1,898,632 ausgewiesen.
Die Einreichung zeigt au脽erdem 180,737 Restricted Stock Units (RSU), die sich eins鈥憐u鈥慹ins in Class鈥慉鈥慡tammaktien umwandeln; diese RSU vesten am 1. M盲rz 2026 und wurden gem盲脽 dem Omnibus Incentive Plan 2020 gew盲hrt. Das Form 4 ist am 08/11/2025 von Mat Ishbia (und im Namen von SFS Holding Corp) unterschrieben. Fu脽noten legen offen, dass SFS Corp ein 10%-Inhaber ist, und beschreiben Mat Ishbias Kontrollverh盲ltnis zu SFS Corp und bestimmten Familientrusts.
FAQ
What insider transactions were reported for UWMC by Mat Ishbia?
Were the UWMC sales part of a pre-arranged plan?
At what prices were the UWMC shares sold?
How many RSUs does Mat Ishbia hold and when do they vest?
What is Mat Ishbia's relationship to UWM Holdings (UWMC)?
When was the Form 4 signed?
