4/A: loanDepot Director John Hoon Lee Amends Form 4 to Correctly Report Share Transactions

John Hoon Lee, a director at loanDepot, Inc., filed an amended Form 4 to correct the number of shares issued upon settlement of Restricted Stock Units (RSUs) and 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 amendment corrects the number of shares issued upon the settlement of Restricted Stock Units (RSUs) and the amount of securities beneficially owned.
• The original Form 4 was filed on December 1, 2023.
• On November 30, 2023, 14,671 Class A Common Stock shares were acquired upon settlement of RSUs.
• On December 1, 2023, an additional 14,671 Class A Common Stock shares were acquired upon settlement of RSUs.
• Following these transactions, Lee directly owns 72,446 shares of Class A Common Stock and indirectly owns 62,556 shares through Bluestar Family Holdings LP.
• As of the report, Lee directly owns 29,343 Restricted Stock Units.

Sentiment

Score: 5

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

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The correction of share ownership information ensures accurate representation for shareholders.

Key Dates