Walker & Dunlop, Inc. — Director's Dealing 2019

May 23, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walker & Dunlop, Inc. (WD)
CIK: 0001497770
Period of Report: 2019-05-23

Reporting Person: Smith Howard W III (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-23	Common Stock	S	76176	$52.51	Disposed	312321	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	106851	Direct
Common Stock	4764	Indirect
Common Stock	4764	Indirect
Common Stock	4560	Indirect
Common Stock	4764	Indirect
Common Stock	4422	Indirect

Footnotes

F1: On May 23, 2019, the reporting person contributed shares of the Issuer's common stock to an exchange fund in exchange for shares of the exchange fund. The common stock was valued at $52.51 per share for the purpose of determining the number of shares of the exchange fund issuable to the reporting person.