Form 4: LoanDepot Director Pamela H. Patenaude Reports Stock Transactions

Pamela H. Patenaude, a director at loanDepot, Inc., reported the settlement of restricted stock units (RSUs) resulting in the acquisition of Class A Common Stock.

Summary

• On February 29, 2024, Pamela H. Patenaude, a director of loanDepot, Inc., reported transactions involving Class A Common Stock.
• The transactions involved the settlement of 14,671 Restricted Stock Units (RSUs) that vested on February 18, 2024.
• This settlement resulted in the acquisition of 14,671 shares of Class A Common Stock.
• Following the reported transaction, Patenaude directly owns 169,276 shares of Class A Common Stock.
• Patenaude also holds 14,672 derivative securities in the form of Restricted Stock Units (RSUs).
• The remaining RSUs vest on May 31, 2024, and will be settled within 30 days of the vesting date.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, and does not 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 Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to investors regarding the director's holdings and recent activities in the company's stock.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider stock activity.

Next Steps

• Settlement of remaining RSUs after the vesting date of May 31, 2024.

Key Dates