Form 4: PCP Managers GP, LLC Reports Acquisition of loanDepot, Inc. Shares Through Restricted Stock Unit Vesting

PCP Managers GP, LLC, along with related parties, reported the acquisition of loanDepot, Inc. Class A Common Stock through the vesting of Restricted Stock Units (RSUs) on February 28, 2025.

Summary

• On February 28, 2025, PCP Managers GP, LLC, along with related parties including Brian P. Golson, Andrew C. Dodson, and PCP Managers, L.P., reported transactions related to loanDepot, Inc. (LDI).
• The transactions involved the vesting of 30,194 Restricted Stock Units (RSUs), which convert into Class A Common Stock.
• These RSUs were acquired indirectly.
• Following the transaction, the reporting persons indirectly beneficially own 4,236,737 shares of Class A Common Stock.
• The Directors, Messrs. Golson and Dodson, hold the RSUs for the benefit of PCP Managers, L.P. and disclaim any right, title, and interest in the RSUs.
• The remaining RSUs are scheduled to vest on May 31, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with a neutral sentiment.

Future Outlook

The remaining RSUs are scheduled to vest on May 31, 2025.

Management Comments

• Each of the Reporting Persons expressly disclaims beneficial ownership of the equity securities reported herein, except to the extent of their respective pecuniary interests therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The vesting of RSUs impacts shareholders by increasing the number of outstanding shares.

Key Dates