Walker & Dunlop Appoints New Chief Legal Officer

TL;DR

Walker & Dunlop names Sarah Stash as new CLO, starting June 3rd with $450K salary + stock.

AI Summary

Walker & Dunlop, Inc. announced on May 23, 2024, the appointment of Sarah M. K. Stash as Executive Vice President and Chief Legal Officer, effective June 3, 2024. She will receive an annual base salary of $450,000 and will be eligible for the company's annual incentive plan. Additionally, Ms. Stash will be granted restricted stock units with a target value of $1,000,000, vesting over three years.

Why It Matters

The appointment of a new Chief Legal Officer is a significant leadership change that could impact the company's legal strategy and corporate governance.

Risk Assessment

Risk Level: low — This filing primarily concerns an executive appointment and compensation, which typically carries a low risk of significant market impact.

Key Numbers

• $450,000 — Annual Base Salary (For new Chief Legal Officer Sarah Stash)
• $1,000,000 — Restricted Stock Units Target Value (Granted to new Chief Legal Officer Sarah Stash)

Key Players & Entities

• Walker & Dunlop, Inc. (company) — Registrant
• Sarah M. K. Stash (person) — Appointed Executive Vice President and Chief Legal Officer
• June 3, 2024 (date) — Effective date of appointment
• $450,000 (dollar_amount) — Annual base salary for Sarah Stash
• $1,000,000 (dollar_amount) — Target value of restricted stock units for Sarah Stash

FAQ

Key Financial Figures

• $0.01 — ch registered Common Stock, par value $0.01 per share WD New York Stock Exchange

Filing Documents

• tm2415650d1_8k.htm (8-K) — 24KB
• 0001104659-24-065643.txt ( ) — 194KB
• wd-20240523.xsd (EX-101.SCH) — 3KB
• wd-20240523_lab.xml (EX-101.LAB) — 33KB
• wd-20240523_pre.xml (EX-101.PRE) — 22KB
• tm2415650d1_8k_htm.xml (XML) — 4KB

02. Departure of Directors or Certain Officers; Election

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 23, 2024, Richard M. Lucas notified Walker & Dunlop, Inc. (the "Company") of his decision to resign from his position as Executive Vice President, General Counsel and Secretary, effective immediately. Mr. Lucas has confirmed that his resignation is not due to a disagreement with the Company on any matter relating to the Company's operations, policies or practices.

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On May 23, 2024, Daniel Groman was appointed as the Company's interim General Counsel and Secretary. Mr. Groman has served as the Company's Senior Vice President, Deputy General Counsel and Assistant Secretary since August 2012, after joining the Company as Associate General Counsel and Assistant Secretary in November 2011. Prior to joining the Company, Mr. Groman served as Associate General Counsel and Assistant Corporate Secretary of Freddie Mac and was an attorney at the law firm of Arnold & Porter LLP. Mr. Groman received his Bachelor of Arts from the University of Maryland and his Juris Doctor from the University of Maryland Francis King Carey School of Law. 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WALKER & DUNLOP, INC. (Registrant) Date: May 28, 2024 By: /s/ Gregory A. Florkowski Name: Gregory A. Florkowski Title: Executive Vice President and Chief Financial Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR