Mat Ishbia - Jul 29, 2025 Form 4 Insider Report for UWM Holdings Corp (UWMC)

Role
President and CEO, Director, 10%+ Owner
Signature
/s/ Mat Ishbia
Stock symbol
UWMC
Transactions as of
Jul 29, 2025
Transactions value $
-$4,940,445
Form type
4
Date filed
7/31/2025, 04:52 PM
Previous filing
Jul 28, 2025
Next filing
Aug 4, 2025
SEC
View on sec.gov

Reporting Owners (2)

Name Relationship Address Signature Signature date CIK
Mat Ishbia President and CEO, Director, 10%+ Owner C/O UWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC /s/ Mat Ishbia 2025-07-31 0001841794
SFS HOLDING CORP 10%+ Owner C/O UWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC /s/ Mat Ishbia, CEO, for SFS Holding Corp. 2025-07-31 0001842002

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UWMC Class A Common Stock Sale -$1.69M -400K -23.55% $4.23 1.3M Jul 29, 2025 See Footnote F1, F2, F3
transaction UWMC Class A Common Stock Sale -$1.64M -400K -30.8% $4.10 899K Jul 30, 2025 See Footnote F1, F3, F4
transaction UWMC Class A Common Stock Sale -$1.61M -400K -44.5% $4.02 499K Jul 31, 2025 See Footnote F1, F3, F5
holding UWMC Class A Common Stock 280K Jul 29, 2025 Direct F6

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
holding UWMC Restricted Stock Units 181K Jul 29, 2025 Class A Common Stock 181K Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sold pursuant to the 10b5-1 Plan adopted by SFS Corp on March 17, 2025.
F2 Represents the weighted average price of shares sold. The price of the shares sold ranged from $4.18 to $4.31 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.
F3 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.
F4 Represents the weighted average price of shares sold. The price of the shares sold ranged from $4.03 to $4.21 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.
F5 Represents the weighted average price of shares sold. The price of the shares sold ranged from $3.98 to $4.07 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.
F6 These shares are held directly by Mat Ishbia and SFS Corp. has no interests in these shares.
F7 These Restricted Stock Units ("RSUs") convert to Class A Common Stock on a one-for-one basis.
F8 These RSUs vest on March 1, 2026. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.