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Stock impact report

Billionaire Mat Ishbia Sells Another $8.4 Million in UWM Stock as Shares Slide 15% This Past Year [Yahoo! Finance]

UWM Holdings Corporation Class A (UWMC) 
Company Research Source: Yahoo! Finance
The sale was entirely indirect -- no direct shares were traded -- with all disposition conducted via SFS Corp, a controlled entity with complex trust and conversion structures. These 10 stocks could mint the next wave of millionaires › On Friday, UWM Holdings Corporation (NYSE:UWMC) President and CEO Mat Ishbia reported via an SEC Form 4 filing the indirect sale of nearly 1.9 million shares in multiple open-market transactions totaling $8.37 million, with all shares disposed of through an entity called SFS Corp as part of a broader derivative conversion and liquidation strategy. Metric Value Shares sold (indirect) Transaction value $8.37 million The transaction value is based on the SEC Form 4 weighted average purchase price of $4.41 on Friday. What does the transaction structure reveal about insider intent and liquidity? All 1.9 million shares were sold by SFS Corp, a Mat Ishbia-controlled entity, following conversion of UWM Paired Interests into Class A Common S Show less Read more
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