Mat Ishbia's Form 4 filing
UWM Holdings Corp (UWMC) · filed Oct 16, 2025
- Accession no.
- 0001841794-25-000089
- Filed
- Oct 16, 2025, 7:54 PM ET
- Trade date
- Oct 15-16, 2025
- Filing delay
- 1 day
- Rule 10b5-1 plan
- Checked
This filing lists 3 non-derivative transactions. Open-market sales total $6.35M. It was filed 1 day after the trade.
This filing was later replaced by the amendment 0001841794-25-000104 (Nov 5, 2025). Trade tables on this site use the amended version.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Mat IshbiaCIK 0001841794 | Director, Officer (President and CEO), 10% Owner |
| SFS Holding CorpCIK 0001842002 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Oct 15, 2025 | Class A Common Stock | CConversionAcquired | +6,800,000 | –F1 | – | 8,377,952 | Indirect | |
| Oct 15, 2025 | Class A Common Stock | SSaleDisposed | −596,356 | $5.39F4 | −$3,214,358.84 | 7,781,596 | Indirect | |
| Oct 16, 2025 | Class A Common Stock | SSaleDisposed | −596,356 | $5.26F5 | −$3,136,832.56 | 7,185,240 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Each UWM Paired Interest consists of one share of non-economic voting Class D Common Stock of UWM Holdings Corporation (the "Issuer") ("Class D Stock") and one Class B common units of UWM Holdings, LLC ("UWM LLC") ("Class B Common Units"), a subsidiary of the Issuer. Each UWM Paired Interest is convertible for one share of Class A Common Stock of the Issuer (i) at any time at the option of the holder or (ii) automatically upon transfer to a third person. These shares of Class A Common Stock were acquired by SFS Holding Corp. ("SFS Corp") upon the conversion of an equal number of UWM Paired Interests.
Referenced by the price of 1 transaction in Table I.
- F4
Represents the weighted average price of shares sold. The price of the shares sold ranged from $5.32 to $5.59 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.
Referenced by the price of 1 transaction in Table I.
- F5
Represents the weighted average price of shares sold. The price of the shares sold ranged from $5.19 to $5.29 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.
Referenced by the price of 1 transaction in Table I.