June 27, 2025 · Form 4 insider transaction
Mat Ishbia sold 400,036 shares of UWM Holdings Corporation at $4.12 per share, a transaction worth $1.65M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 4 days after the transaction.
Sold pursuant to the 10b5-1 Plan adopted by SFS Corp on March 17, 2025.; Represents the weighted average price of shares sold. The price of the shares sold ranged from $4.10 to $4.19 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each price.; These securities are held directly by SFS Corp, a 10% holder of the Issuer, and indirectly by Mat Ishbia. Mat Ishbia is the Chief Executive Officer and sole director of SFS Corp and serves as the investment advisor to the trust that owns the voting securities of SFS Corp, and therefore exercises all voting and dispositive power of the securities held by SFS Corp. In addition, trusts for the benefit of Mat Ishbia and his immediate family are shareholders of SFS Corp. By virtue of its relationship with Mat Ishbia, a director and the CEO of the Issuer, SFS Corp may be deemed to be a director by deputization.