Adé Hennis, The Motley Fool
Sun, February 22, 2026 astatine 8:41 AM CST 3 min read
Mat Ishbia, President and CEO of UWM Holdings Corporation (NYSE:UWMC), reported the indirect merchantability of 1,898,622 shares of Common Stock crossed 3 open-market transactions from Feb. 10 done Feb. 12, 2026, for astir $9 cardinal arsenic disclosed successful the SEC Form 4 filing.
| Shares sold (indirect) | 1,898,622 |
| Transaction value | $8,999,468 million |
| Post-transaction shares (direct) | 279,989 |
| Post-transaction shares (indirect) | 1,793,651 |
| Post-transaction worth (direct ownership) | $1.32 million |
Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($4.74); post-transaction worth based connected Feb. 12, 2026 marketplace adjacent ($4.70).
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How does the size of this merchantability comparison to Ishbia's humanities transactions?
The merchantability of 1,898,622 shares is somewhat supra the caller median insider merchantability of 1,789,068 shares from September 2025 to Feb. 12, 2026, but the percent of holdings impacted (47.80%) is substantially higher, reflecting a overmuch smaller remaining capacity. -
Were these trades discretionary oregon pre-scheduled?
All shares were sold nether a Rule 10b5-1 pre-arranged trading program by SFS Corp, removing discretionary timing and aligning with regular liquidity absorption practices.
| Revenue (TTM) | $2.70 billion |
| Net income (TTM) | $16.89 million |
| Dividend yield | 8.66% |
| 1-year terms change | -29.57% |
* 1-year terms alteration calculated utilizing Feb. 21, 2026 arsenic the notation date.
UWM Holdings Corporation is simply a starring owe lender successful the United States, specializing successful the origination of residential loans. The institution operates done a broker-focused wholesale transmission to originate owe loans, chiefly focusing connected conforming and authorities loans.
Ishbia has been selling thousands of shares passim the past 2 months, but each were portion of a 10b5-1 trading plan, truthful they were each income scheduled up of time. Other executives person besides been selling shares either done their ain trading program oregon insider inducement programs. It wouldn’t beryllium astonishing if we spot the CEO merchantability much shares wrong the adjacent fewer days.
UWMC stock prices person been struggling, having fallen astir 50% implicit the past 5 years (as of Feb. 21, 2026). And with the owe indebtedness marketplace experiencing debased indebtedness measurement contempt Fed complaint cuts lowering indebtedness rates successful caller months, that conflict could precise good proceed for the foreseeable future. Investors whitethorn privation to support an oculus connected however the institution does successful its Q4 FY 2025 net report, which comes retired connected Feb. 25, 2026, and whitethorn assistance bespeak the absorption financials are headed for the adjacent fiscal year.

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