Form 4: LoanDepot Executive Dan Binowitz Reports Stock Transactions

Dan Binowitz, a Managing Director at loanDepot, reported the acquisition and disposal of Class A Common Stock and Restricted Stock Units on April 15, 2025.

Summary

• On April 15, 2025, Dan Binowitz, a Managing Director at loanDepot, engaged in transactions involving the company's stock.
• Binowitz acquired 70,921 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs).
• He also disposed of 25,376 shares of Class A Common Stock at a price of $1.12 per share.
• Following these transactions, Binowitz beneficially owns 1,023,347 shares of Class A Common Stock and 141,844 Restricted Stock Units.
• The remaining RSUs are scheduled to vest ratably on April 15, 2026, and April 15, 2027.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any explicit positive or negative sentiment about the company's performance or outlook.

Future Outlook

The remaining RSUs are scheduled to vest ratably on April 15, 2026 and April 15, 2027.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect broader industry trends but offers insight into the actions of a key executive at loanDepot.

Key Dates

Keywords

Form 4, loanDepot, Dan Binowitz, stock transaction, Class A Common Stock, Restricted Stock Units, RSU, beneficial ownership