loanDepot grants 44,247 RSUs to legal chief
Rhea-AI Filing Summary
Grassi Joseph J III reported acquisition or exercise transactions in this Form 4 filing.
loanDepot, Inc. reported that Chief Legal & Risk Officer Joseph J. Grassi III received a grant of 44,247 restricted stock units (RSUs) tied to the company’s Class A common stock. Each RSU represents the right to receive one share upon settlement.
The RSUs are scheduled to vest in three equal annual installments on June 15, 2027, June 15, 2028, and June 15, 2029. Following this award, the filing shows Grassi holding 44,247 RSUs directly, reflecting a compensation-related equity grant rather than an open‑market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 44,247 | $0.00 | $0.00 |
Footnotes (1)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A Common Stock. The RSUs are scheduled to vest ratably on June 15, 2027, June 15, 2028, and June 15, 2029.
Key Figures
Key Terms
Restricted Stock Units financial
Class A Common Stock financial
vest ratably financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did loanDepot (LDI) grant to Joseph J. Grassi III?
When do Joseph J. Grassi III’s new loanDepot (LDI) RSUs vest?
Is Joseph J. Grassi III’s loanDepot (LDI) RSU grant an open-market stock purchase?
How many loanDepot (LDI) RSUs does Joseph J. Grassi III hold after this grant?
What does each loanDepot (LDI) restricted stock unit represent in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.