loanDepot (LDI) Rule 144 Notice: 11,757 Shares Planned Sale
Notice of proposed sale under Rule 144 by a holder associated with WALSH LIVING TRUST for loanDepot, Inc. (LDI).
Rhea-AI Filing Summary
Notice of proposed sale under Rule 144 by a holder associated with WALSH LIVING TRUST for loanDepot, Inc. (LDI). The filing states the holder plans to sell 11,757 shares of common stock through Goldman Sachs & Co. LLC on or about 08/15/2025. The shares were acquired on 05/02/2022 via a corporate reorganization that converted units into common stock and the reported aggregate market value of the planned sale is $23,161.29. The filing also discloses four prior sales by the same trust in the past three months totaling 159,602 shares for gross proceeds of $318,262.86. The issuer has 111,009,806 shares outstanding per this notice.
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Insights
TL;DR A beneficial holder filed a routine Rule 144 notice to sell a small block of loanDepot common shares; prior offloads in the quarter are disclosed.
The filing is a standard Rule 144 disclosure showing planned resale of 11,757 shares via Goldman Sachs with an indicated market value of $23,161.29. The shares were acquired in a corporate reorganization on 05/02/2022. Recent transactions by the same trust show larger dispositions in July–August totaling 159,602 shares for roughly $318,263. Relative to the 111,009,806 shares outstanding, the planned sale and recent sales represent a small fraction of the float, indicating limited direct impact on capitalization.
TL;DR The Form 144 contains required attestations and trading history; it appears procedurally complete but limited in narrative detail.
The filer affirms no undisclosed material adverse information and supplies acquisition and payment details: acquisition by corporate reorganization on 05/02/2022 with no cash payment noted. Broker details (Goldman Sachs & Co. LLC) and an approximate sale date (08/15/2025) are provided, satisfying typical Rule 144 reporting elements. The form includes multiple recent sales by the same trust, which is relevant for aggregation rules and insider transaction monitoring.
FAQ
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What does the Form 144 filed for loanDepot (LDI) disclose?
What is the aggregate market value of the planned sale in the Form 144?
Who is the broker handling the proposed sale in the Form 144?
AI-generated analysis. How Rhea-AI works. Not financial advice.