Raytheon awarded $71 million in Navy contracts for missile systems
Walker & Dunlop, Inc. (NYSE:WD) announced that on Sunday, Chief Executive Officer William Walker was granted an award of performance stock units under the company’s 2024 Equity Incentive Plan, according to a statement filed with the Securities and Exchange Commission.
The award is structured to be earned if Walker & Dunlop’s annualized total stockholder return (TSR) over a three-year period, from August 24, 2025, through August 23, 2028, exceeds the annualized TSR of the S&P 600 Small Cap Financials Index by at least 1.0 percentage point.
If this performance hurdle is met, the number of performance stock units (PSUs) earned will be calculated by dividing 5% of the amount by which the company’s compounded market capitalization growth surpasses a benchmark based on a 12% annualized TSR, by the volume-weighted average price (VWAP) of the company’s stock over the final twenty trading days of the performance period. Given the stock’s beta of 1.56, investors should note its relatively high volatility compared to the market.
The total number of PSUs that can be earned will be capped at the lesser of 521,526 shares or the number of shares equivalent to $50 million divided by the VWAP. Any earned PSUs will generally vest in three equal annual installments, starting on the date the board determines the number of units earned, subject to continued employment and certain accelerated vesting provisions as outlined in the award agreement.
Walker & Dunlop stated that the full terms of the award agreement will be included as an exhibit to its upcoming quarterly report for the period ending September 30, 2025.
This information is based on a press release statement filed with the SEC.
In other recent news, Walker & Dunlop Inc. reported impressive financial results for the second quarter of 2025. The company exceeded earnings forecasts with an earnings per share (EPS) of $1.15, significantly higher than the anticipated $0.74. This represents an earnings surprise of 55.41%, indicating strong market positioning and operational efficiency. Additionally, Walker & Dunlop’s revenue surpassed expectations, reaching $319.2 million compared to the forecasted $276.28 million. These results highlight the company’s robust performance in the market. Analysts from various firms have taken note of these developments, which could influence future evaluations. The company’s recent performance has been a focal point for investors looking at the financial health and growth potential of Walker & Dunlop.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.