[Form 4] loanDepot, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Babcock & Wilcox Enterprises, Inc. (BW) – Form 4 insider filing

On 07/28/2025, CEO & Director Kenneth M. Young converted 50,000 Restricted Stock Units into common shares (Code M). Concurrently, the issuer withheld 24,958 shares (Code F) at $1.04 per share to satisfy tax obligations, resulting in a net acquisition of 25,042 shares.

After the transactions, Young holds 1,421,376 shares directly and 241,745 shares indirectly through a revocable trust, bringing his total beneficial ownership to roughly 1.66 million shares. All RSUs from this grant are now fully settled and no derivative securities remain outstanding under this award.

The activity reflects scheduled vesting under the company’s 2021 Long-Term Incentive Plan and modestly increases the CEO’s equity stake, aligning executive interests with shareholders.

Positive

• CEO’s direct ownership increases by 25,042 shares, signalling continued alignment with shareholders.

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine RSU vesting; CEO nets +25k shares, small alignment signal, limited market impact.

The filing shows a standard vesting event rather than an open-market purchase. Although Young’s direct stake grows to 1.4 M shares, the bulk of the 50 k share issuance was offset by tax-related withholding. No cash outlay was required, and the $1.04 reference price suggests a low grant price versus current market levels, but investors should note the net addition is only ~1.7% of his pre-transaction holdings. Overall impact on capital structure and float is immaterial; however, continued ownership by the CEO can be viewed as mildly supportive of long-term alignment.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DerGurahian Jeffrey Michael

(Last) (First) (Middle)

C/O LOANDEPOT, INC.

6561 IRVINE CENTER DRIVE

(Street)

IRVINE CA 92618

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
loanDepot, Inc. [ LDI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Investment Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/28/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	07/28/2025		M		16,901	A	(1)	531,134	D
Class A Common Stock	07/28/2025		F		4,116	D	$1.69	527,018	D
Class A Common Stock								5,842,969	I	CDG Financial LLC(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	07/28/2025		M			16,901	(1)	(1)	Class A Common Stock	16,901	$0	0	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A Common Stock or, at the option of the Compensation Committee, the cash value of one share of Class A Common Stock.

2. The Reporting Person is the Managing Member of CDG Financial LLC. The Reporting Person disclaims beneficial ownership of the LDI shares held by CDG Financial LLC except to the extent of his pecuniary interest therein.

Remarks:

	/s/ Greg Smith, as Attorney-in-Fact for Jeffrey Michael DerGurahian	07/30/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did BW’s CEO buy on 07/28/2025?

He converted 50,000 RSUs into common stock under a scheduled vesting event.

How many BW shares were sold to cover taxes?

24,958 shares were withheld by the issuer at $1.04 per share.

What is Kenneth M. Young’s total BW share ownership after the filing?

He now owns 1,421,376 shares directly and 241,745 indirectly, about 1.66 million in total.

Were any derivative securities left outstanding after this transaction?

No. All 50,000 RSUs from the reported grant have been settled; zero remain.

Does the Form 4 indicate open-market buying?

No. The share acquisition resulted from scheduled RSU vesting, not an open-market purchase.