WD

SEC source: 0001104659-23-117313 · tm2328172-2_4seq1.xml · nonDerivative · entry 4

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 197,000.094

F1 · kind: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 8, 2023.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.43 to $71.41. The reporting person undertakes to provide the Company, any security holder of the Company, or the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001104659-23-117313 · tm2328172-2_4seq1.xml · nonDerivative · entry 3

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 199,000.094

F1 · kind: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 8, 2023.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.43 to $70.275. The reporting person undertakes to provide Walker & Dunlop, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001104659-23-117313 · tm2328172-2_4seq1.xml · nonDerivative · entry 2

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 207,304.094

F1 · kind: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 8, 2023.

F1 · price: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 8, 2023.

SEC source: 0001104659-23-117313 · tm2328172-2_4seq1.xml · nonDerivative · entry 1

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 217,000.094

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-23-108593 · tm2328172-1_4seq1.xml · derivative · entry 10

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 32,369

Underlying: Common Stock · 20,000 shares

Expires 2026-02-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-23-108593 · tm2328172-1_4seq1.xml · nonDerivative · entry 3

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 197,000.094

F1 · kind: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 8, 2023.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.96 to $72.34. The reporting person undertakes to provide the Company, any security holder of the Company, or the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001104659-23-108593 · tm2328172-1_4seq1.xml · nonDerivative · entry 2

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 203,150.094

F1 · kind: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 8, 2023.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.945 to $71.94. The reporting person undertakes to provide Walker & Dunlop, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001104659-23-108593 · tm2328172-1_4seq1.xml · nonDerivative · entry 1

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 217,000.094

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-23-100060 · tm2325599-7_4seq1.xml · derivative · entry 12

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 52,369

Underlying: Common Stock · 3,110 shares

Expires 2026-02-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-23-100060 · tm2325599-7_4seq1.xml · derivative · entry 11

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 16,890 shares

Expires 2027-02-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-23-100060 · tm2325599-7_4seq1.xml · nonDerivative · entry 4

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 197,000.094

F1 · kind: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 8, 2023.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.83 to $81.70. The reporting person undertakes to provide the Company, any security holder of the Company, or the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001104659-23-100060 · tm2325599-7_4seq1.xml · nonDerivative · entry 3

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 212,286.094

F1 · kind: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 8, 2023.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.83 to $80.81. The reporting person undertakes to provide Walker & Dunlop, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001104659-23-100060 · tm2325599-7_4seq1.xml · nonDerivative · entry 2

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 217,000.094

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-23-100060 · tm2325599-7_4seq1.xml · nonDerivative · entry 1

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 213,890.094

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-23-098677 · tm2325599-1_4seq1.xml · derivative · entry 1

Pryor Paula A. · CIK 0001811383 · EVP and Chief HR Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 239.294

Underlying: Common Stock · 30.663 shares

Expires not disclosed

F1 · derivative.exercise_price: Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

F2 · derivative.exercise_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

F2 · derivative.expiration_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

SEC source: 0001104659-23-098684 · tm2325599-6_4seq1.xml · derivative · entry 1

Florkowski Gregory · CIK 0001929116 · EVP & Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 184.14

Underlying: Common Stock · 24.42 shares

Expires not disclosed

F1 · derivative.exercise_price: Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

F2 · derivative.exercise_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

F2 · derivative.expiration_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

SEC source: 0001104659-23-098683 · tm2325599-5_4seq1.xml · derivative · entry 1

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 408.231

Underlying: Common Stock · 44.426 shares

Expires not disclosed

F1 · derivative.exercise_price: Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

F2 · derivative.exercise_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

F2 · derivative.expiration_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

SEC source: 0001104659-23-098682 · tm2325599-4_4seq1.xml · derivative · entry 1

Lucas Richard M · CIK 0001503845 · EVP & Gen Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 192.639

Underlying: Common Stock · 25.065 shares

Expires not disclosed

F1 · derivative.exercise_price: Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

F2 · derivative.exercise_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

F2 · derivative.expiration_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

SEC source: 0001104659-23-098680 · tm2325599-3_4seq1.xml · derivative · entry 1

Walker William M · CIK 0001503841 · Director · Chairman & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 934.2094

Underlying: Common Stock · 85.447 shares

Expires not disclosed

F1 · derivative.exercise_price: Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

F2 · derivative.exercise_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

F2 · derivative.expiration_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

SEC source: 0001104659-23-098679 · tm2325599-2_4seq1.xml · derivative · entry 1

THEOBALD STEPHEN P · CIK 0001507723 · EVP & Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 981.81

Underlying: Common Stock · 72.261 shares

Expires not disclosed

F1 · derivative.exercise_price: Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

F2 · derivative.exercise_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

F2 · derivative.expiration_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

SEC source: 0001104659-23-093541 · tm2323510d4_4seq1.xml · derivative · entry 5

THEOBALD STEPHEN P · CIK 0001507723 · EVP & Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 16,949 shares

Expires 2025-02-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-23-093541 · tm2323510d4_4seq1.xml · nonDerivative · entry 3

THEOBALD STEPHEN P · CIK 0001507723 · EVP & Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 57,753.618

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.135 to $86.865. The reporting person undertakes to provide the Company, any security holder of the Company, or the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001104659-23-093541 · tm2323510d4_4seq1.xml · nonDerivative · entry 2

THEOBALD STEPHEN P · CIK 0001507723 · EVP & Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 64,034.618

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.86. The reporting person undertakes to provide Walker & Dunlop, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001104659-23-093541 · tm2323510d4_4seq1.xml · nonDerivative · entry 1

THEOBALD STEPHEN P · CIK 0001507723 · EVP & Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 74,702.618

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-23-093098 · tm2323510-3_4seq1.xml · nonDerivative · entry 1

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: No plan indicated

Ownership: Indirect · The HIII 2011 Trust

Disclosed balance after: 252,321

SEC source: 0001104659-23-092012 · tm2323510-2_4seq1.xml · nonDerivative · entry 2

Pryor Paula A. · CIK 0001811383 · EVP and Chief HR Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,365.778

SEC source: 0001104659-23-092012 · tm2323510-2_4seq1.xml · nonDerivative · entry 1

Pryor Paula A. · CIK 0001811383 · EVP and Chief HR Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,425.778

SEC source: 0001104659-23-090512 · tm2323510-1_4seq1.xml · derivative · entry 14

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 16,890

Underlying: Common Stock · 16,487 shares

Expires 2027-02-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-23-090512 · tm2323510-1_4seq1.xml · derivative · entry 13

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 3,513 shares

Expires 2024-02-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-23-090512 · tm2323510-1_4seq1.xml · nonDerivative · entry 6

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 197,000.094

F1 · kind: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 8, 2023.

SEC source: 0001104659-23-090512 · tm2323510-1_4seq1.xml · nonDerivative · entry 5

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 197,200.094

F1 · kind: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 8, 2023.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.45 to $85.15. The reporting person undertakes to provide the Company, any security holder of the Company, or the SEC, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001104659-23-090512 · tm2323510-1_4seq1.xml · nonDerivative · entry 4

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 200,317.094

F1 · kind: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 8, 2023.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.44 to $84.425. The reporting person undertakes to provide the Company, any security holder of the Company, or the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001104659-23-090512 · tm2323510-1_4seq1.xml · nonDerivative · entry 3

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 207,604.094

F1 · kind: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 8, 2023.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.44 to $83.43. The reporting person undertakes to provide Walker & Dunlop, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001104659-23-090512 · tm2323510-1_4seq1.xml · nonDerivative · entry 2

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 217,000.094

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-23-090512 · tm2323510-1_4seq1.xml · nonDerivative · entry 1

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 200,513.094

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-23-069972 · tm2317917-7_4seq1.xml · nonDerivative · entry 1

Lucas Richard M · CIK 0001503845 · EVP & Gen Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 146,290.209

SEC source: 0001104659-23-068561 · tm2317917-1_4seq1.xml · derivative · entry 1

Pryor Paula A. · CIK 0001811383 · EVP and Chief HR Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 208.631

Underlying: Common Stock · 34.739 shares

Expires not disclosed

F1 · derivative.exercise_price: Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

F2 · derivative.exercise_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

F2 · derivative.expiration_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

SEC source: 0001104659-23-068566 · tm2317917-6_4seq1.xml · derivative · entry 1

Florkowski Gregory · CIK 0001929116 · EVP & Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 159.72

Underlying: Common Stock · 27.667 shares

Expires not disclosed

F1 · derivative.exercise_price: Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

F2 · derivative.exercise_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

F2 · derivative.expiration_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

SEC source: 0001104659-23-068565 · tm2317917-5_4seq1.xml · derivative · entry 1

Lucas Richard M · CIK 0001503845 · EVP & Gen Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 167.574

Underlying: Common Stock · 28.397 shares

Expires not disclosed

F1 · derivative.exercise_price: Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

F2 · derivative.exercise_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

F2 · derivative.expiration_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

SEC source: 0001104659-23-068564 · tm2317917-4_4seq1.xml · derivative · entry 1

THEOBALD STEPHEN P · CIK 0001507723 · EVP & Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 909.549

Underlying: Common Stock · 81.868 shares

Expires not disclosed

F1 · derivative.exercise_price: Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

F2 · derivative.exercise_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

F2 · derivative.expiration_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

SEC source: 0001104659-23-068563 · tm2317917d3_4seq1.xml · derivative · entry 1

Walker William M · CIK 0001503841 · Director · Chairman & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 848.7624

Underlying: Common Stock · 96.807 shares

Expires not disclosed

F1 · derivative.exercise_price: Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

F2 · derivative.exercise_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

F2 · derivative.expiration_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

SEC source: 0001104659-23-068562 · tm2317917-2_4seq1.xml · derivative · entry 1

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 363.805

Underlying: Common Stock · 50.333 shares

Expires not disclosed

F1 · derivative.exercise_price: Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

F2 · derivative.exercise_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

F2 · derivative.expiration_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

SEC source: 0001104659-23-057278 · tm2315011-2_4seq1.xml · derivative · entry 2

SCHMALTZ DANA L · CIK 0001104397 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,842

Underlying: Common Stock · 1,842 shares

Expires not disclosed

F2 · derivative.exercise_price: Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

F3 · derivative.exercise_date: The deferred stock units are fully vested and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

F3 · derivative.expiration_date: The deferred stock units are fully vested and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

SEC source: 0001104659-23-057278 · tm2315011-2_4seq1.xml · nonDerivative · entry 1

SCHMALTZ DANA L · CIK 0001104397 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 74,277

F1 · shares: Represents shares of common stock granted to the reporting person, which are subject to the terms of the Walker & Dunlop, Inc. 2020 Equity Incentive Plan. The shares of restricted common stock vest on the one-year anniversary of the grant date.

SEC source: 0001104659-23-057284 · tm2315011-6_4seq1.xml · derivative · entry 1

Wells Donna · CIK 0001613921 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,303

Underlying: Common Stock · 2,303 shares

Expires not disclosed

F1 · derivative.exercise_price: Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

F2 · derivative.exercise_date: The deferred stock units vest on the one-year anniversary of the grant date and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

F2 · derivative.expiration_date: The deferred stock units vest on the one-year anniversary of the grant date and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

SEC source: 0001104659-23-057283 · tm2315011-5_4seq1.xml · nonDerivative · entry 1

Rice E. John Jr · CIK 0001503875 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 29,685

F1 · shares: Represents shares of common stock granted to the reporting person, which are subject to the terms of the Walker & Dunlop, Inc. 2020 Equity Incentive Plan. The shares of restricted common stock vest on the one-year anniversary of the grant date.

SEC source: 0001104659-23-057281 · tm2315011-4_4seq1.xml · derivative · entry 1

Malone Michael D · CIK 0001421021 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,303

Underlying: Common Stock · 2,303 shares

Expires not disclosed

F1 · derivative.exercise_price: Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

F2 · derivative.exercise_date: The deferred stock units vest on the one-year anniversary of the grant date and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

F2 · derivative.expiration_date: The deferred stock units vest on the one-year anniversary of the grant date and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

SEC source: 0001104659-23-057275 · tm2315011-1_4seq1.xml · derivative · entry 1

Levy Ellen · CIK 0001657271 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,303

Underlying: Common Stock · 2,303 shares

Expires not disclosed

F1 · derivative.exercise_price: Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

F2 · derivative.exercise_date: The deferred stock units will vest on May 4, 2024 and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

F2 · derivative.expiration_date: The deferred stock units will vest on May 4, 2024 and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

SEC source: 0001104659-23-057279 · tm2315011-3_4seq1.xml · derivative · entry 2

Warren Michael J. · CIK 0001698331 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,689

Underlying: Common Stock · 1,689 shares

Expires not disclosed

F1 · derivative.exercise_price: Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

F3 · derivative.exercise_date: The deferred stock units are fully vested and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Plan, or (ii) as otherwise provided by the Plan.

F3 · derivative.expiration_date: The deferred stock units are fully vested and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Plan, or (ii) as otherwise provided by the Plan.

SEC source: 0001104659-23-057279 · tm2315011-3_4seq1.xml · derivative · entry 1

Warren Michael J. · CIK 0001698331 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,303

Underlying: Common Stock · 2,303 shares

Expires not disclosed

F1 · derivative.exercise_price: Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

F2 · derivative.exercise_date: The deferred stock units vest on the one-year anniversary of the grant date and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

F2 · derivative.expiration_date: The deferred stock units vest on the one-year anniversary of the grant date and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.