Form 4 • Statement of Changes in Beneficial Ownership
Type
Sell
Net shares
-1,898,622
% of shares
-22.50%
Amount (USD)
$7,967,883
Insider confidence score
13.1 out of 100
Positive
Negative
Security
Class A Common Stock
Action
Sell
Date
2026-03-03
Code
S
Net shares
-632,874.0
Price per Share
$4.25
Amount (USD)
$2,689,714.50
Acquired/Disposed
Disposed
Shares Owned Before
8,032,037.0
Shares Owned After
7,399,163.0
Security
Class A Common Stock
Action
Sell
Date
2026-03-04
Code
S
Net shares
-632,874.0
Price per Share
$4.23
Amount (USD)
$2,677,057.02
Acquired/Disposed
Disposed
Shares Owned Before
7,399,163.0
Shares Owned After
6,766,289.0
Security
Class A Common Stock
Action
Sell
Date
2026-03-05
Code
S
Net shares
-632,874.0
Price per Share
$4.11
Amount (USD)
$2,601,112.14
Acquired/Disposed
Disposed
Shares Owned Before
6,766,289.0
Shares Owned After
6,133,415.0
1. Sold pursuant to the 10b5-1 Plan adopted by SFS Corp on September 16, 2025.
2. Represents the weighted average price of shares sold. The price of the shares sold ranged from $4.16 to $4.34 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each price.
3. These securities are held directly by SFS Corp, a 10% holder of the Issuer, and indirectly by Mat Ishbia. Mat Ishbia is the Chief Executive Officer and sole director of SFS Corp and serves as the investment advisor to the trust that owns the voting securities of SFS Corp, and therefore exercises all voting and dispositive power of the securities held by SFS Corp. In addition, trusts for the benefit of Mat Ishbia and his immediate family are shareholders of SFS Corp. By virtue of its relationship with Mat Ishbia, a director and the CEO of the Issuer, SFS Corp may be deemed to be a director by deputization.
4. Represents the weighted average price of shares sold. The price of the shares sold ranged from $4.17 to $4.30 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each price.
5. Represents the weighted average price of shares sold. The price of the shares sold ranged from $3.99 to $4.26 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each price.
6. These shares are held directly by Mat Ishbia and SFS Corp. has no interests in these shares.
ℹ️ Filed under Rule 10b5-1 trading plan
This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.