4/A: LoanDepot Director Amends Filing to Correctly Report Beneficial Ownership

Sentiment:

SEC Filing Amendment


John Hoon Lee, a director at loanDepot, Inc., amended a previous SEC filing to accurately reflect the amount of Class A Common Stock he beneficially owns.

Summary

  • This is an amendment to a Form 4 filing by John Hoon Lee, a director of loanDepot, Inc.
  • The amendment corrects the reported amount of securities beneficially owned.
  • The original Form 4 was filed on February 2, 2023.
  • The corrected filing indicates Lee directly owns 21,552 shares of Class A Common Stock.
  • Lee also indirectly owns 662,556 shares of Class A Common Stock through Bluestar Family Holdings LP.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing amendment, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Amendments, like this one, are sometimes necessary to correct errors or omissions in the original filings.

Key Dates

DateDescription
02/01/2023Date of earliest transaction
02/02/2023Date of original Form 4 filing
03/04/2024Date of amended filing

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