Form 4: loanDepot's Chief Investment Officer, Jeffrey Michael DerGurahian, Reports Changes in Beneficial Ownership

Jeffrey Michael DerGurahian, Chief Investment Officer of loanDepot, Inc., filed a Form 4 disclosing changes in his beneficial ownership of Class A Common Stock and Restricted Stock Units on April 15, 2025.

Summary

• On April 15, 2025, Jeffrey Michael DerGurahian, the Chief Investment Officer of loanDepot, Inc. (LDI), reported changes in his beneficial ownership of the company's securities.
• He disposed of 70,921 shares of Class A Common Stock related to the settlement of Restricted Stock Units (RSUs).
• Additionally, he disposed of 17,270 shares of Class A Common Stock for $1.12 per share.
• Following these transactions, DerGurahian directly owns 514,233 shares of Class A Common Stock.
• He also indirectly owns 5,842,969 shares through CDG Financial LLC, where he is the Managing Member.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an insider. It doesn't inherently convey positive or negative sentiment.

Future Outlook

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

Management Comments

• The Reporting Person disclaims beneficial ownership of the LDI shares held by CDG Financial LLC except to the extent of his pecuniary interest therein.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates

Keywords

Form 4, loanDepot, LDI, Beneficial Ownership, Jeffrey Michael DerGurahian, Chief Investment Officer, Class A Common Stock, Restricted Stock Units, CDG Financial LLC