loanDepot (NYSE: LDI) director gains 24,606 shares from RSU conversion
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
loanDepot, Inc. director John Hoon Lee exercised restricted stock units into 24,606 shares of Class A Common Stock on February 27, 2026 through a derivative conversion at a stated price of $0.00 per share.
After these transactions, he holds 235,993 Class A shares directly and 62,556 Class A shares indirectly through Bluestar Family Holdings LP, over which he has voting and investment power. His remaining 24,607 RSUs are scheduled to vest on May 29, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
24,606 shares exercised/converted
Mixed
3 txns
Insider
Lee John Hoon
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 24,606 | $0.00 | -- |
| Exercise | Class A Common Stock | 24,606 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 24,607 shares (Direct);
Class A Common Stock — 235,993 shares (Direct);
Class A Common Stock — 62,556 shares (Indirect, Bluestar Family Holdings LP)
Footnotes (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. The remaining RSUs are scheduled to vest on May 29, 2026. The reporting person, as manager of its general partner, has voting and investment power over the assets of Bluestar Family Holdings LP.
FAQ
What did loanDepot (LDI) director John Hoon Lee do in this Form 4 filing?
John Hoon Lee exercised restricted stock units into Class A Common Stock. He converted 24,606 RSUs at a stated price of $0.00 per share, turning them into 24,606 Class A shares and updating his direct and indirect ownership positions.
What is John Hoon Lee’s direct ownership in loanDepot (LDI) after these transactions?
Following the RSU conversion, John Hoon Lee directly owns 235,993 shares of loanDepot Class A Common Stock. This updated figure reflects the addition of 24,606 shares received from exercising restricted stock units on February 27, 2026.
What indirect loanDepot (LDI) holdings are associated with John Hoon Lee?
An additional 62,556 Class A shares are held indirectly through Bluestar Family Holdings LP. As manager of its general partner, John Hoon Lee has voting and investment power over this entity’s assets, including these loanDepot shares.
What restricted stock units remain for John Hoon Lee at loanDepot (LDI)?
After the reported exercise, 24,607 restricted stock units remain outstanding for John Hoon Lee. Each RSU represents a contingent right to one Class A share or equivalent cash, and these RSUs are scheduled to vest on May 29, 2026.
How do John Hoon Lee’s RSUs at loanDepot (LDI) settle when they vest?
Each restricted stock unit represents a contingent right to receive one Class A share or, at the Compensation Committee’s option, the cash value of one share. Settlement occurs upon vesting, with remaining RSUs scheduled to vest on May 29, 2026.