UWM Holdings CEO Sells Nearly 2M Shares For $9M

Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($4.89); post-transaction worth reflects holdings aft the transaction arsenic of February 18, 2026.

• How does the size of this merchantability comparison to Mat Ishbia’s humanities trading activity?
  The 1,898,622-share merchantability is somewhat supra the caller median merchantability commercialized size of 1,789,068 shares and good supra the early-period median of 1,200,108 shares.

• What is the mechanics underlying the shares disposed?
  This transaction progressive SFS Corp. converting UWM Paired Interests into Class A Common Stock, which was past sold.

UWM Holdings Corporation is simply a starring wholesale owe lender successful the United States, focusing connected residential indebtedness origination, sale, and servicing mortgages. It serves autarkic owe brokers and correspondents, targeting a wide basal of homebuyers and refinancing customers.

Ishbia has been selling shares indirectly rather often since December 2025, erstwhile helium started the period with 9.85 cardinal indirect shares. However, aft falling to conscionable beneath 2 cardinal indirect shares connected February 12, helium regained important crushed passim February, mostly owed to the vesting of banal units that tin beryllium converted into Class A shares.

While determination is nary wide crushed for Ishbiai’s stock sale, it should beryllium noted that the banal has underperformed successful the erstwhile 2 years. UWM's banal has been operating astatine a year-over-year nonaccomplishment successful caller months, and it fell astir 25% for the full twelvemonth of 2025.

What UWM Holdings tin look guardant to is its caller beardown Q4 FY 2025 net study connected Feb. 25, 2026. After a unsmooth Q3 net report, it bounced backmost with implicit a cardinal dollars successful revenue, the archetypal clip it reached a cardinal since Q1 2021. The Q4 gross was a 300% year-over-year (YoY) summation from the erstwhile year’s quarter.