LDI Form 144 Filed; Recent Sales of 661,264 and 56,023 Shares Reported
Rhea-AI Filing Summary
Form 144 notice for loanDepot, Inc. (LDI) records a proposed sale of 22,081 Class A shares through Merrill Lynch on the NYSE, with an aggregate market value of $99,806.12 and an approximate sale date of 09/16/2025. The filing states those 22,081 shares were acquired in a private placement from the issuer on 12/31/2015 for cash. The filing also discloses two prior sales within the past three months: PCAP Partners III, LLC sold 661,264 common shares on 09/15/2025 for $2,995,259.43, and PCP Partners IV, L.P. sold 56,023 common shares on 09/15/2025 for $253,761.61. The filer certifies no undisclosed material adverse information and includes the standard signature and legal attestation language.
Positive
- Required disclosure filed for proposed sale, providing marketplace transparency
- Broker and exchange identified (Merrill Lynch; NYSE) for the proposed transaction
Negative
- Large recent dispositions disclosed: 661,264 common shares sold for $2,995,259.43 and 56,023 common shares sold for $253,761.61 on 09/15/2025
- Filing lacks contact and certain relationship details in provided tables, limiting context about the seller's status
Insights
TL;DR Recent large block sales and a Form 144 for 22,081 Class A shares signal notable insider/affiliate dispositions filed with the SEC.
The filing documents a proposed sale of 22,081 Class A shares via Merrill Lynch with a stated market value of $99,806.12 and notes those shares originated from a private placement on 12/31/2015 paid in cash. The filing separately reports sizable common-share dispositions on 09/15/2025: 661,264 shares for $2,995,259.43 and 56,023 shares for $253,761.61. This record is a disclosure of intent to sell and recent completed sales by related parties; it does not provide pricing details for the proposed 09/16/2025 sale beyond the aggregate market value or context on ownership percentage changes.
TL;DR The filing is a routine Rule 144 notice showing prior affiliate sales and a new proposed sale, with standard attestation about material information.
The document includes the required representation that the seller is not aware of any undisclosed material adverse information and references standard Rule 10b5-1 plan language. It identifies the broker (Merrill Lynch) and the NYSE as the exchange for the proposed Class A share sale. The filing does not include signatures, contact details, or explicit relationship descriptions beyond table headings, limiting assessment of governance intent or timing of sales relative to any trading plans.