Billionaire Mat Ishbia Sells $6.9 Million in UWM Stock After Company’s Strongest Quarter Since 2021

Mat Ishbia, president and CEO of UWM Holdings Corporation (NYSE:UWMC), completed open-market sales totaling nearly 1.2 million shares in multiple transactions on Tuesday and Wednesday, according to a SEC Form 4 filing.The transaction value is based on the SEC Form 4 weighted average purchase price ($5.76) for the transactions.How does this transaction compare to Mat Ishbia’s historical selling pattern at UWM Holdings Corporation?This transaction aligns closely with the median sell size of approximately 1.2 million shares observed in Ishbia’s recent activity from August 4 to Thursday, reflecting a consistent execution cadence during this period.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool