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 filing to accurately reflect the amount of securities beneficially owned.
Summary
- This is an amendment to a Form 4 filing by John Hoon Lee, a director at LoanDepot, Inc.
- The original filing, submitted on January 5, 2023, contained an error in the reported amount of securities beneficially owned.
- The amended filing, dated March 4, 2024, corrects this error.
- The corrected filing shows that Lee directly owns 21,552 shares of Class A Common Stock.
- Lee also indirectly owns 862,556 shares of Class A Common Stock through Bluestar Family Holdings LP.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing, indicating standard corporate governance procedures. It doesn't contain any alarming or particularly positive information.
Negatives
- The original Form 4 filing contained an error, requiring an amendment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions and holdings of company insiders.
Key Dates
| Date | Description |
|---|---|
| 01/03/2023 | Date of earliest transaction |
| 01/05/2023 | Date of original Form 4 filing |
| 03/04/2024 | Date of amended Form 4/A filing |
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