[Form 4] loanDepot, Inc. Insider Trading Activity

Rhea-AI Filing Summary

loanDepot (LDI) Form 4: Executive Chair, CEO, President and Director Anthony Hsieh reported an exchange tied to the company’s IPO structure. On 10/20/2025, he disposed of 2,000,000 shares of Class C Common Stock at $0 indirectly via Trilogy Mortgage Holdings, Inc., and acquired 2,000,000 shares of Class A Common Stock at $0 indirectly via the JLSSAA Trust. The filing states the exchange will be effective as of November 1, 2025. The related Class C shares corresponding to the exchanged units were cancelled for no consideration.

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

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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^*

Hsieh Anthony Li

(Last) (First) (Middle)

C/O LOANDEPOT, INC.

6561 IRVINE CENTER DR.

(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)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Chair, CEO & Pres.

3. Date of Earliest Transaction (Month/Day/Year)
10/20/2025

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 C Common Stock(1)	10/20/2025(2)		J(3)		2,000,000	D	$0	28,545,633	I	By Trilogy Mortgage Holdings, Inc.(4)
Class A Common Stock	10/20/2025(2)		C(3)		2,000,000	A	$0	2,000,000	I	By JLSSAA Trust(5)
Class A Common Stock								143,677	D
Class C Common Stock(1)								3,114,521	I	By JLSSAA Trust(5)
Class C Common Stock(1)								4,310,497	I	By JLSA, LLC(4)
Class C Common Stock(1)								66,404,880	I	By Trilogy Management Investors Six, LLC(4)

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
Common Units	(1)	10/20/2025(2)		C(3)			2,000,000	(1)	(1)	Class A Common Stock	2,000,000	$0(1)	28,545,633	I	Trilogy Mortgage Holdings, Inc.(4)
Common Units	(1)							(1)	(1)	Class A Common Stock	4,310,497		4,310,497	I	By JLSA, LLC(4)
Common Units	(1)							(1)	(1)	Class A Common Stock	66,404,880		66,404,880	I	By Trilogy Management Investors Six, LLC(4)
Common Units	(1)							(1)	(1)	Class A Common Stock	3,114,521		3,114,521	I	By JLSSAA Trust(5)

Explanation of Responses:

1. In the reorganization transactions related to Issuer's IPO, shares of Issuer's Class C Common Stock, par value $0.001 ("Class C Common Stock"), were issued to certain holders of LD Holdings Group LLC ("LD Holdings") Class A Common Units ("Common Units") equal to the number of Common Units held by such holders. Pursuant to the Fourth Amended and Restated Limited Liability Company Agreement of LD Holdings, holders of Common Units may, subject to certain exceptions, from time to time require LD Holdings to redeem all or a portion of their Common Units (together with an equal number of shares of Class C Common Stock) in exchange for, at the Issuer's election (determined solely by a majority of the Issuer's directors who are disinterested), newly issued shares of Class A Common Stock, par value $0.001 ("Class A Common Stock") of the Issuer on a one-for-one basis or a cash payment equal to an average market price of one share of Class A Common Stock for each Common Unit so redeemed.

2. The transaction date is the date the Reporting Person elected to make the exchange described in footnotes 1 and 3, which exchange will occur effective as of November 1, 2025.

3. The reporting person elected to cause Trilogy Mortgage Holdings, Inc. to exchange a portion of the Common Units held for the reporting person's benefit by such entity for an equal number of shares of Class A Common Stock. The shares of Class C Common Stock corresponding to the Common Units that were exchanged for Class A Common Stock were cancelled for no consideration.

4. The reporting person has voting and investment power over the shares of Class C Common Stock held by Trilogy Mortgage Holdings, Inc., JLSA, LLC and Trilogy Management Investors Six, LLC.

5. As trustee, Anthony Hsieh has voting and investment power over the assets of The JLSSAA Trust ("JLSSAA Trust").

Remarks:

	/s/ Greg Smith, as Attorney-in-Fact for Anthony Li Hsieh	10/22/2025
	** 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 LDI’s Anthony Hsieh report on this Form 4?

He reported an exchange: disposing of 2,000,000 Class C shares at $0 and acquiring 2,000,000 Class A shares at $0.

When is the exchange effective?

The filing states the exchange will occur effective as of November 1, 2025.

What entities are listed for indirect ownership?

Transactions reference Trilogy Mortgage Holdings, Inc. and the JLSSAA Trust; other indirect holdings include JLSA, LLC and Trilogy Management Investors Six, LLC.

What was the transaction price?

Both the disposal and acquisition were reported at $0, reflecting the exchange mechanics.

What happened to the exchanged Class C shares?

The Class C shares corresponding to the exchanged units were cancelled for no consideration.

What roles does Anthony Hsieh hold at loanDepot (LDI)?

He is listed as Director, 10% Owner, and Executive Chair, CEO & President.