MAT ISHBIA (President and CEO) sold 19.1% of their position (1.90M shares) of UWM HOLDINGS CORP on the open market

Open‑market sale worth $8.35M — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

MAT ISHBIA

Filed: 3/2/2026ACC: 0001841794-26-000032

InsiderMAT ISHBIACIK 1841794

→

IssuerUWM HOLDINGS CORPCIK 1783398

DirectorOfficer10% Owner· President and CEO

Since Jan 2021

-1.95M

Net shares

Net seller

$8.58M

Total sold

Open market trades

0B · 3S

Total transactions

6.78M acquired · 8.73M disposed

Non-Derivative Transactions6

Class A Common Stock

Indirect

S · Sale

−632.87K

Price / share

$4.40

Trade value

$2.78M

% of position

19.0%

2/26/2026

3.33M→2.70M

Class A Common Stock

Direct

M · Option Exercise

+180.74K

Price / share

$4.41

Trade value

$797.05K

% of position

64.6%

2/27/2026

279.99K→460.73K

Class A Common Stock

Direct

F · Tax Withholding

−52.59K

Price / share

$4.41

Trade value

$231.94K

% of position

11.4%

2/27/2026

460.73K→408.13K

Class A Common Stock

Indirect

S · Sale

−632.87K

Price / share

$4.44

Trade value

$2.81M

% of position

23.5%

2/27/2026

2.70M→2.06M

Class A Common Stock

Indirect

C · Conversion

+6.60M

Price / share

—

Trade value

—

% of position

319.6%

3/2/2026

2.06M→8.66M

Class A Common Stock

Indirect

S · Sale

−632.87K

Price / share

$4.35

Trade value

$2.75M

% of position

7.3%

3/2/2026

8.66M→8.03M

Total

Net shares

+4.83M

Net value

-$7.78M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Indirect	2/26/2026	S · Sale	−632.87K	$4.40	$2.78M	19.0%	3.33M	2.70M
Class A Common Stock Direct	2/27/2026	M · Option Exercise	+180.74K	$4.41	$797.05K	64.6%	279.99K	460.73K
Class A Common Stock Direct	2/27/2026	F · Tax Withholding	−52.59K	$4.41	$231.94K	11.4%	460.73K	408.13K
Class A Common Stock Indirect	2/27/2026	S · Sale	−632.87K	$4.44	$2.81M	23.5%	2.70M	2.06M
Class A Common Stock Indirect	3/2/2026	C · Conversion	+6.60M	—	—	319.6%	2.06M	8.66M
Class A Common Stock Indirect	3/2/2026	S · Sale	−632.87K	$4.35	$2.75M	7.3%	8.66M	8.03M
Total			+4.83M		-$7.78M

Derivative Transactions2

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

180.74K shares

−180.74K

Strike price

Held after

0.00

Exercisable

—

2/27/2026

UWM Paired Interests

Indirect

C · Conversion

Converts to

Class A Common Stock

6.60M shares

−6.60M

Strike price

Held after

1.30B

Exercisable

—

3/2/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock180.74K shares	2/27/2026	M · Option Exercise	−180.74K		—	0.00
UWM Paired Interests Indirect	Class A Common Stock6.60M shares	3/2/2026	C · Conversion	−6.60M		—	1.30B