4/A: loanDepot Director Amends Filing to Correctly Report Beneficial Ownership
SEC Filing Amendment
John Hoon Lee, a director at loanDepot, Inc., amended a previous SEC Form 4 filing to accurately reflect the amount of securities beneficially owned.
Summary
- John Hoon Lee, a director of loanDepot, Inc. [LDI], filed an amendment to a previous Form 4 (Statement of Changes in Beneficial Ownership) that was originally filed on April 12, 2023.
- The amendment, filed on March 4, 2024, corrects the amount of securities beneficially owned.
- The corrected filing indicates that Lee directly owns 43,104 shares of Class A Common Stock.
- Lee also indirectly owns 262,556 shares of Class A Common Stock through Bluestar Family Holdings LP.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing. The sentiment is neutral as it simply corrects a previously filed form. There is no indication of positive or negative performance.
Industry Context
This filing is a routine disclosure related to insider ownership and is required by the SEC to ensure transparency in the market.
Stakeholder Impact
- The corrected information provides stakeholders with a more accurate view of the director's holdings in the company.
Key Dates
| Date | Description |
|---|---|
| 04/10/2023 | Date of earliest transaction |
| 04/12/2023 | Date of original Form 4 filing |
| 03/04/2024 | Date of amended filing |
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