secwatch.observer — SEC 8-K summary
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Issuer:     Walker & Dunlop, Inc. (WD)
CIK:        0001497770
Form:       8-K
Filed at:   2025-08-28T23:59:59+00:00
Accession:  0001104659-25-084830
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Walker & Dunlop grants CEO performance stock units tied to relative TSR
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- Award to CEO William Walker on Aug 24, 2025 under 2024 Equity Incentive Plan.
- Plan Activation Hurdle: Annualized TSR at least 1 ppt above S&P 600 Small Cap Financials Index over 3 years.
- Earned PSUs equal 5% of market cap growth exceeding 12% annualized TSR hurdle.
- Max Earned PSUs capped at 521,526 shares or $50M divided by VWAP, whichever lower.
- Vesting in three equal annual installments after earning, subject to continued employment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1497770/000110465925084830/0001104659-25-084830-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1497770/000110465925084830/tm2524465d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-084830

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer