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Mat Ishbia, President and CEO of UWM Holdings Corp (NYSE:UWMC), and SFS Holding Corp, a ten percent owner, sold a combined total of 1,192,712 shares of Class A Common Stock on October 7 and 8, 2025, for approximately $6.4 million. The $8.64 billion mortgage lender has seen its stock decline 14.5% over the past week, according to InvestingPro data.
The sales, executed under a pre-arranged 10b5-1 trading plan, saw 596,356 shares sold on October 7 at a weighted average price of $5.39, with prices ranging from $5.28 to $5.64. An additional 596,356 shares were sold on October 8 at a weighted average price of $5.40, with prices ranging from $5.33 to $5.47. The stock currently offers a substantial 7.48% dividend yield.
Following these transactions, SFS Holding Corp. indirectly held 3,963,376 shares. Mat Ishbia directly held 279,989 shares.
Additionally, Mat Ishbia directly holds 180,737 Restricted Stock Units which convert to Class A Common Stock on a one-for-one basis and vest on March 1, 2026.
In other recent news, UWM Holdings Corporation reported strong second-quarter earnings for 2025, significantly exceeding analyst expectations. The company posted an earnings per share of $0.16, well above the projected $0.06, and reported revenue of $758.7 million, surpassing the anticipated $636.08 million. Additionally, UWM Holdings has priced an offering of $1 billion in senior notes due 2031, an increase from the initially announced $600 million. These notes will carry an interest rate of 6.25% and will be issued at 100% of their face value. This offering will be guaranteed on a senior unsecured basis by United Wholesale Mortgage, LLC, a wholly-owned subsidiary. Earlier, the company had launched a $600 million senior notes offering through its direct subsidiary. These recent developments highlight UWM Holdings’ strategic financial maneuvers and robust financial performance.
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