JLSSAA Trust linked to loanDepot (NYSE: LDI) sells 1.3M shares of stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
loanDepot, Inc. insider activity centers on a trust managed by its top executive. JLSSAA Trust, for which Executive Chair, CEO & President Anthony Hsieh serves as trustee, reported selling a total of 1,300,000 shares of loanDepot Class A common stock in mid-January 2026.
The trust sold 415,505 shares on January 14, 2026 at a weighted average price of $2.6559 per share, then sold 884,495 shares on January 15, 2026 at a weighted average price of $2.6956 per share. These sales were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on November 20, 2024, and left the trust with no remaining Class A shares, while Hsieh continues to hold 168,283 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,300,000 shares ($3,487,784)
Net Sell
3 txns
Insider
Hsieh Anthony Li
Role
Executive Chair, CEO & Pres.
Sold
1,300,000 shs ($3.49M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 884,495 | $2.6956 | $2.38M |
| Sale | Class A Common Stock | 415,505 | $2.6559 | $1.10M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 0 shares (Indirect, By JLSSAA Trust);
Class A Common Stock — 168,283 shares (Direct)
Footnotes (1)
- Effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 20, 2024. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.61 to $2.675. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, specific trade amounts and pricing within the ranges set forth in this footnote of this Form 4 at which the respective transactions were affected. As trustee, Anthony Hsieh has voting and investment power over the assets of The JLSSAA Trust ("JLSSAA Trust"). The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.60 to $2.77. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, specific trade amounts and pricing within the ranges set forth in this footnote of this Form 4 at which the respective transactions were affected.
FAQ
What insider transactions did loanDepot (LDI) report in this Form 4?
The filing reports that JLSSAA Trust, associated with Executive Chair, CEO & President Anthony Hsieh, sold a total of 1,300,000 shares of loanDepot Class A common stock over two days in January 2026.
Were the loanDepot (LDI) insider sales made under a Rule 10b5-1 trading plan?
Yes. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 20, 2024.
Who controls JLSSAA Trust in the loanDepot (LDI) Form 4 filing?
According to the filing, Anthony Hsieh serves as trustee and has voting and investment power over the assets of The JLSSAA Trust.