LDI Form 144: Insider sold 494,400 shares recently; 50,000-share sale planned

Rhea-AI Filing Summary

loanDepot, Inc. (LDI) Form 144 shows a proposed sale of 50,000 Class A shares through Fidelity Brokerage Services with an aggregate market value of $224,500, with an approximate sale date of 09/12/2025 on the NYSE. The filing reports prior acquisitions by the seller via restricted stock vesting on 03/31/2023 (31,167 shares) and 04/28/2023 (18,833 shares), both marked as compensation arrangements. The notice also discloses multiple Class A sales by the same person, Dan Binowitz, during August–September 2025 totaling 494,400 shares and gross proceeds of $1,872,166.01 across six transactions dated 08/14/2025 through 09/11/2025. The signer affirms no undisclosed material adverse information about the issuer and warns of criminal penalties for intentional misstatement.

Positive

• Compliance disclosure completed: The filer has provided required Rule 144 details including broker, share amounts, acquisition method, and sale dates
• Source of shares identified: Acquisitions are listed as restricted stock vesting and compensation, clarifying origin of the sold shares

Negative

• Significant insider selling: Recent transactions total 494,400 Class A shares with gross proceeds of $1,872,166.01, and an additional 50,000-share proposed sale is reported
• Potential market impact: Concentrated sales occurred over a short period (08/14/2025–09/11/2025), which may affect supply of freely tradable shares

Insights

Securities Analyst

TL;DR: An insider disclosed substantial Rule 144 sales totaling 494,400 shares recently and a proposed additional 50,000-share sale.

The filing documents a sequence of Rule 144 dispositions by an individual identified as Dan Binowitz, showing significant realized proceeds over a short period and an upcoming planned sale of 50,000 Class A shares via Fidelity. Acquisition records indicate the shares originated from restricted stock vesting in 2023 as compensation. From a market perspective, the disclosure provides transparency on insider liquidity but contains no information about issuer performance or undisclosed adverse facts. This is a routine compliance filing that notifies investors of insider selling activity without presenting operational data about the company.

Corporate Governance Expert

TL;DR: Filing meets Rule 144 disclosure requirements; shows insider monetization of vested compensation.

The submitted Form 144 identifies the nature of the acquired shares (restricted stock vesting) and dates of acquisition and payment, satisfying disclosure norms for sales under Rule 144. Multiple recent sales and the current proposed sale are clearly itemized with amounts and gross proceeds, which is important for governance transparency. The signer’s representation regarding absence of undisclosed material adverse information is present as required. The document does not include any corporate governance actions or changes in issuer operations.

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	50000	224500.00	112351102	09/12/2025	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	04/28/2023	Restricted Stock Vesting	Issuer			18833	04/28/2023	Compensation
Class A	03/31/2023	Restricted Stock Vesting	Issuer			31167	03/31/2023	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

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 did the Form 144 filed for loanDepot (LDI) disclose?

The filing discloses a proposed sale of 50,000 Class A shares valued at $224,500, prior acquisitions by restricted stock vesting in 2023, and multiple recent sales by Dan Binowitz totaling 494,400 shares and $1,872,166.01 in gross proceeds.

Who is the seller named on the Form 144 for LDI?

The seller named in the sale history is Dan Binowitz with an address listed in Irvine, California; he executed several Class A share sales in August–September 2025.

When are the proposed shares expected to be sold and on which exchange?

The proposed sale of 50,000 Class A shares lists an approximate sale date of 09/12/2025 and names the NYSE as the exchange, with Fidelity Brokerage Services as broker.

How were the shares originally acquired according to the filing?

The filing states the shares were acquired through restricted stock vesting on 03/31/2023 (31,167 shares) and 04/28/2023 (18,833 shares) as compensation.

Does the Form 144 assert any undisclosed adverse information about loanDepot?

Yes. By signing, the person selling represents they do not know any material adverse information about the issuer that has not been publicly disclosed, as required by the form.