UWM Holdings CEO Mat Ishbia sold about 1.63 million shares for roughly $9.4 million.

UWM Holdings CEO Mat Ishbia reported an open-market sale of about 1.63 million shares held via his trust. The SEC filing values the transactions at roughly $9.4 million.

UWM Holdings reported that President and CEO Mat Ishbia executed an open-market sale of shares that were held indirectly through his trust, SFS Corp. The move was disclosed in an SEC Form 4 filing and referenced November 28, 2025 prices. UWM is a large U.S. wholesale mortgage lender that focuses on conforming and government-backed loans through a broker network. The company's recent quarter was described as strong, which is the context for investor attention. What was reported: - Mat Ishbia executed open-market sales totaling 1,629,785 shares held via SFS Corp. - The filing used a $5.74 weighted average price, putting the transaction value at about $9.36 million. - Direct holdings by Ishbia fell to about 279,989 shares after the reported transactions. - SFS Corp. is reported as a roughly 10% holder of UWM, and Ishbia is listed as its sole director and investment advisor. Summary: The sale is notable for insider ownership but is small relative to the company’s reported $8.9 billion market capitalization. You may want to monitor future SEC filings for updates and consider this as one piece of ownership information when reviewing UWM’s shareholder changes.