Form 4: loanDepot Director Pamela H. Patenaude Reports Stock Transaction

Pamela H. Patenaude, a director at loanDepot, Inc., reported the vesting of restricted stock units and subsequent acquisition of Class A Common Stock on February 28, 2025.

Summary

• On February 28, 2025, Pamela H. Patenaude, a director of loanDepot, Inc. (LDI), reported a transaction involving Class A Common Stock.
• The transaction involved the vesting of 15,097 restricted stock units (RSUs).
• Upon vesting, these RSUs converted into 15,097 shares of Class A Common Stock.
• The price per share at the time of the transaction was $0.
• Following the reported transaction, Patenaude directly owns 229,377.7285 shares of Class A Common Stock.
• The remaining RSUs are scheduled to vest on May 31, 2025.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a routine stock transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Future Outlook

The remaining RSUs are scheduled to vest on May 31, 2025.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the actions of company leadership but doesn't necessarily indicate broader industry trends.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it increases the number of outstanding shares, but the effect is likely negligible given the size of the company.

Key Dates