Form 4: loanDepot Executive Darren Graeler Reports Stock Transactions

loanDepot's EVP, Chief Accounting Officer, Darren Graeler, reported the vesting and sale of Class A Common Stock and Restricted Stock Units.

Summary

• Darren Graeler, EVP and Chief Accounting Officer of loanDepot, Inc., reported transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
• On December 16, 2024, 18,601 RSUs vested and were settled, resulting in the acquisition of 18,601 shares of Class A Common Stock.
• Also on December 16, 2024, 6,637 shares of Class A Common Stock were disposed of at a price of $2.12 per share.
• Following these transactions, Graeler directly owns 294,290 shares of Class A Common Stock and 37,202 RSUs.
• The remaining RSUs are scheduled to vest ratably on December 14, 2025 and December 14, 2026.

Sentiment

Score: 5

Explanation: This is a routine transaction report, not indicative of any positive or negative sentiment. It's a standard part of executive compensation.

Future Outlook

The remaining RSUs are scheduled to vest ratably on December 14, 2025 and December 14, 2026.

Industry Context

This is a routine filing related to executive compensation and stock transactions, which is common in publicly traded companies.

Comparison to Industry Standards

• Executive stock transactions are a common practice in publicly traded companies, and the vesting and sale of RSUs are typical forms of compensation.
• The reporting of these transactions via SEC Form 4 is a standard regulatory requirement.
• The specific details of the vesting schedule and the number of shares involved are specific to loanDepot's compensation plan and the executive's agreement.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect the standard compensation practices of the company.

Key Dates

Keywords

loanDepot, LDI, Darren Graeler, insider trading, Form 4, Class A Common Stock, Restricted Stock Units, RSU, executive compensation