Form 4: LoanDepot Director Anthony Hsieh Reports Stock Transactions

Anthony Hsieh, a director and 10% owner of loanDepot, Inc., reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units.

Summary

• On February 29, 2024, Anthony Hsieh, a director and 10% owner of loanDepot, Inc. (LDI), reported transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
• Hsieh acquired 14,671 shares of Class A Common Stock through the settlement of RSUs.
• He also disposed of 14,671 shares of Class A Common Stock.
• Following these transactions, Hsieh directly owns 74,894 shares of Class A Common Stock.
• Hsieh indirectly owns 4,213,324 shares through The JLSSAA Trust, for which he serves as trustee with voting and investment power.
• Hsieh also directly owns 14,672 Restricted Stock Units which vest on May 31, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The remaining RSUs vest on May 31, 2024, and will be settled within 30 days following the vesting date.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in the financial industry.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership percentages.
• The transactions reflect compensation practices for company directors.

Next Steps

• The remaining RSUs will vest on May 31, 2024, and will be settled within 30 days following the vesting date.

Key Dates