LDI insider files Form 144 after recent sales totaling 135,000 shares

Rhea-AI Filing Summary

Form 144 filed for loanDepot, Inc. (LDI) discloses a proposed sale of 39,600 Class A shares through Fidelity Brokerage Services with an aggregate market value of $153,499.50 and an approximate sale date of 09/08/2025 on the NYSE. The filing lists total Class A shares outstanding of 112,351,102. The securities to be sold were acquired by vesting: 18,025 shares on 08/17/2021, 8,776 shares on 08/31/2021 and 12,799 shares on 01/31/2023, each labeled as compensation. The filing also reports prior sales by the same person, Dan Binowitz: 35,000 shares sold on 08/14/2025 for $69,327.95 and 100,000 shares sold on 09/05/2025 for $257,117.67. The notice includes the signer’s representation that they are not aware of undisclosed material adverse information.

Positive

• Transparent disclosure of acquisition dates, vesting nature, and recent sales consistent with Rule 144 requirements
• Proposed sale size is small relative to outstanding shares (39,600 vs 112,351,102)

Negative

• Recent insider sales totaling 135,000 shares in August/September 2025 could prompt investor questions about insider liquidity
• Filing omits explicit statement of any adopted trading plan date or further context about the seller’s relationship to the issuer

Insights

Securities Analyst

TL;DR: Insider reported routine sales totaling 174,600 shares across recent dates; proposed sale is modest relative to outstanding shares.

The filing documents planned sales by an insider through a broker and recent completed sales. The proposed 39,600-share sale equals roughly 0.035% of the reported 112.35 million outstanding Class A shares, indicating limited direct share-count dilution or immediate market impact. Acquisition dates show the shares were received via restricted stock vesting and marked as compensation, which is a common source for insider sales. The disclosure follows Rule 144 mechanics and includes the standard attestation about material non-public information.

Corporate Governance Expert

TL;DR: This is a standard Rule 144 disclosure of insider sales tied to vested restricted stock; governance implications appear routine.

The filing identifies the seller and details acquisitions by restricted stock vesting, which suggests these are personal liquidity transactions rather than transfers to affiliates. The record of recent sales within the past month is material for transparency but does not, by itself, indicate governance or control changes. The form lacks additional contextual governance disclosures such as trading plan adoption dates or relationship description to the issuer, which are not provided in this content.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	39600	153499.50	112351102	09/08/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	08/17/2021	Restricted Stock Vesting	Issuer			18025	08/17/2021	Compensation
Class A	08/31/2021	Restricted Stock Vesting	Issuer			8776	08/31/2021	Compensation
Class A	01/31/2023	Restricted Stock Vesting	Issuer			12799	01/31/2023	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Dan Binowitz 6561 Irvine Center Drive Irvine CA 92618	Class A	08/14/2025	35000	69327.95
Dan Binowitz 6561 Irvine Center Drive Irvine CA 92618	Class A	09/05/2025	100000	257117.67

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for loanDepot (LDI) disclose?

The filing discloses a proposed sale of 39,600 Class A shares valued at $153,499.50 with an approximate sale date of 09/08/2025, and recent sales of 35,000 and 100,000 shares on 08/14/2025 and 09/05/2025 respectively.

Who is the seller reported in this Form 144?

The filing names Dan Binowitz as the seller and lists his address as provided in the document.

How were the shares acquired that are being sold?

The shares were acquired through restricted stock vesting on 08/17/2021 (18,025 shares), 08/31/2021 (8,776 shares), and 01/31/2023 (12,799 shares), with payment characterized as compensation.

What is the size of the company’s outstanding Class A shares reported?

The filing reports 112,351,102 Class A shares outstanding.

Through which broker will the proposed sale be executed?

The proposed sale is listed to be executed via Fidelity Brokerage Services LLC with the broker address shown.