Form 4: LoanDepot Executive Jeff Walsh Reports Stock Transactions

Jeff Walsh, President of LDI Mortgage, reports the vesting and subsequent disposition of restricted stock units and shares of Class A Common Stock.

Summary

• On July 29, 2024, Jeff Walsh, President of LDI Mortgage at loanDepot, Inc., reported transactions involving Class A Common Stock.
• 18,437 restricted stock units (RSUs) vested and were converted into Class A Common Stock.
• Walsh disposed of 9,344 shares to cover tax obligations at a price of $2.02 per share.
• Following these transactions, Walsh directly owns 4,172,128 shares of Class A Common Stock.
• Walsh also directly owns 18,437 derivative securities.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Future Outlook

The remaining RSUs will vest on July 28, 2025.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding insider activity.

Stakeholder Impact

• The transactions have a minimal impact on stakeholders as they represent a small percentage of the total outstanding shares.

Key Dates