STEPHEN P. THEOBALD - 14 Mar 2025 Form 4 Insider Report for Walker & Dunlop, Inc. (WD)

Role: EVP & Chief Operating Officer
Signature: /s/ Nicholas C. Eckstein, Attorney-in-fact
Issuer symbol: WD
Transactions as of: 14 Mar 2025
Net transactions value: $0
Form type: 4
Filing time: 18 Mar 2025, 17:03:53 UTC
Previous filing: 19 Feb 2025
Next filing: 02 Jun 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	WD	Common Stock						67,851	14 Mar 2025	Direct
holding	WD	Common Stock						38,219	14 Mar 2025	By Family LLC

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WD	Dividend Equivalent Rights	Award	$0	+67	+6.8%	$0.000000	1,045	14 Mar 2025	Common Stock	67		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each dividend equivalent right is the economic equivalent of one share of the common stock of the Issuer.
F2	The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.