Inside Billionaire Mat Ishbia's Latest $9 Million UWM Stock Sale

UWM’s billionaire CEO is selling stock again—but the real story for long-term investors lies in the numbers powering the business.Mat Ishbia, President and CEO of UWM Holdings Corporation (UWMC +1.39%), reported the open-market sale of 1.6 million shares of the major wholesale mortgage lender between Wednesday and Friday, according to a SEC Form 4 filing.Transaction SummaryMetricValueShares sold1,629,785 (indirect)Transaction value$9.4 millionPost-transaction shares3,053,843 (indirect); 279,989 (direct)Post ...