SEC Form 4 · accession 0001231919-26-000949
WM TECHNOLOGY, INC. · MAPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Douglas Francis
Officer — Chief Executive Officer · Director · 10% Owner
Ghost Media Group, LLC
10% Owner
WM Founders Legacy I, LLC
10% Owner
Genco Incentives, LLC
10% Owner
Period of report
Aug 17, 2026
Accepted (ET)
Aug 19, 2026 · 4:19 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001779474
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Aug 17, 2026 | F | 142,393 | $0.402 | D | 8,232,623 | D | |
| Class V Common StockF2,F3 | holding | — | — | — | 3,740,393 | D | ||
| Class V Common StockF2,F3,F4 | holding | — | — | — | 8,691,425 | I | By Trust | |
| Class V Common StockF2,F3,F5 | holding | — | — | — | 8,469,191 | I | By LLC | |
| Class V Common StockF2,F3,F6 | holding | — | — | — | 1,468,555 | I | By LLC | |
| Class V Common StockF2,F3,F7 | holding | — | — | — | 600,618 | I | By LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
- F2These shares of Class V common stock ("Class V Common Stock") of the Issuer (as defined below) provide no economic rights in the Issuer to the holder thereof. However, each holder of Class V Common Stock will be entitled to vote with the holders of Class A common stock ("Class A Common Stock") of the Issuer, with each share of Class V Common Stock entitling the holder to a number of votes equal to the number of Post-Merger Class A Units (as described in footnote 3 below) held by such Class V Common Stockholder at the time of such vote.
- F3Post-Merger Class A Units represent non-voting limited liability company interests of WM Holding Company, LLC. Pursuant to the terms of an exchange agreement, these Class A units and an equivalent number of shares of Class V Common Stock are exchangeable on a one-for-one basis for shares of Class A Common Stock. These exchange rights do not expire.
- F4Shares are held directly by the Rebecca Francis Legacy Trust dated 5/14/24, of which the Reporting Person is the Investment Trustee.
- F5Shares are held directly by Ghost Media Group, LLC ("Ghost Media") which is controlled by Mr. Francis. Accordingly, Mr. Francis may be deemed to be a beneficial owner of the shares held by Ghost Media.
- F6Shares are held directly by WM Founders Legacy I, LLC ("WM Founders") which is controlled by Mr. Francis. Accordingly, Mr. Francis may be deemed to be a beneficial owner of the shares held by WM Founders.
- F7Shares are held directly by Genco Incentives, LLC ("Genco") which is controlled by Mr. Francis. Accordingly, Mr. Francis may be deemed to be a beneficial owner of the shares held by Genco.