LDI insider sales: 673,400 shares sold recently, proposed 51,082-share sale

Rhea-AI Filing Summary

Form 144 filed relating to loanDepot, Inc. (LDI) insider sales. The notice shows a proposed sale of 51,082 Class A shares through Fidelity with an aggregate market value of $229,667.48, with an approximate sale date of 09/16/2025 on the NYSE. The shares to be sold were acquired via restricted stock vesting on 03/31/2023 (45,572 shares) and 05/31/2023 (5,510 shares) as compensation. The filing also discloses sales by the same person, Dan Binowitz, over the past month totaling 673,400 shares for gross proceeds of $2,539,066.01. The filer certifies no undisclosed material adverse information and warns that misstatements are criminally punishable.

Positive

• None.

Negative

• Insider selling activity: 673,400 shares sold in the past month for $2,539,066.01, which may attract investor scrutiny
• Ongoing liquidation: Proposed additional sale of 51,082 shares valued at $229,667.48 on 09/16/2025
• Concentration of sales by one individual: All disclosed past sales are by Dan Binowitz, potentially signaling personal liquidity needs or portfolio rebalancing

Insights

Securities Analyst

TL;DR: Insider is actively selling vested shares; cumulative sales are modest relative to float but notable in dollar terms.

The filing shows a proposed sale of 51,082 Class A shares valued at $229,667.48 originating from restricted stock vesting in 2023. Recent executed sales by the same insider total 673,400 shares for $2.54 million, indicating material insider liquidity events over a short period. Relative to the reported 112,351,102 shares outstanding, the executed sales represent roughly 0.60% of the float, which is unlikely to move the market by itself but could be of interest to investors monitoring insider behavior. The disclosure is straightforward and complies with Rule 144 mechanics by identifying acquisition method and payment as compensation.

Compliance/Risk Analyst

TL;DR: Multiple recent insider sales raise governance and signaling questions despite being from vested compensation.

The notice documents that the securities to be sold were received via restricted stock vesting and paid as compensation, which reduces concerns about undisclosed purchases or related-party transfers. However, the pattern of sales—eight transactions in the prior month yielding $2.54 million—warrants attention from compliance and governance perspectives because concentrated insider selling can be perceived negatively by the market. The filer affirmatively represents no material nonpublic information; the signature and criminal-warning language are present as required.

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	51082	229667.48	112351102	09/16/2025	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	03/31/2023	Restricted Stock Vesting	Issuer			45572	03/31/2023	Compensation
Class A	05/31/2023	Restricted Stock Vesting	Issuer			5510	05/31/2023	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
Dan Binowitz 6561 Irvine Center Drive Irvine CA 92618	Class A	09/08/2025	39600	153499.50
Dan Binowitz 6561 Irvine Center Drive Irvine CA 92618	Class A	09/09/2025	19800	66592.35
Dan Binowitz 6561 Irvine Center Drive Irvine CA 92618	Class A	09/10/2025	59400	214883.54
Dan Binowitz 6561 Irvine Center Drive Irvine CA 92618	Class A	09/11/2025	259600	1032845.00
Dan Binowitz 6561 Irvine Center Drive Irvine CA 92618	Class A	09/12/2025	50000	224500.00
Dan Binowitz 6561 Irvine Center Drive Irvine CA 92618	Class A	09/15/2025	110000	520300.00

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 filed for loanDepot (LDI) disclose?

The Form 144 discloses a proposed sale of 51,082 Class A shares valued at $229,667.48 with an approximate sale date of 09/16/2025 and prior sales totaling 673,400 shares for $2,539,066.01.

Who is the seller named in the filing for LDI?

The seller identified in the filing is Dan Binowitz, with multiple prior sales listed and the proposed sale routed through Fidelity Brokerage Services LLC.

How were the shares being sold acquired according to the Form 144?

The shares were acquired via restricted stock vesting on 03/31/2023 (45,572 shares) and 05/31/2023 (5,510 shares) and were paid as compensation.

How much of loanDepot's outstanding shares do the recent insider sales represent?

The disclosed executed sales total 673,400 shares versus 112,351,102 shares outstanding, representing approximately 0.60% of the outstanding share count.

Does the filing state the seller possesses any undisclosed material information?

By signing, the person represents that they do not know any material adverse information about the issuer that has not been publicly disclosed.