Form 4: LoanDepot Director Pamela Patenaude Reports Stock Transactions

Pamela Patenaude, a director at loanDepot, Inc., reported the settlement of restricted stock units resulting in the acquisition of 14,672 shares of Class A Common Stock on June 3, 2024.

Summary

• On June 3, 2024, Pamela Patenaude, a director of loanDepot, Inc., reported a transaction involving Class A Common Stock.
• The transaction involved the settlement of restricted stock units (RSUs) that vested on May 31, 2024.
• This resulted in the acquisition of 14,672 shares of Class A Common Stock.
• Following the reported transaction, Patenaude directly owns 183,948 shares of Class A Common Stock.
• The RSUs were settled at a price of $0.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It's a standard practice for directors and officers to report changes in their beneficial ownership of company stock.

Stakeholder Impact

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

Key Dates