loanDepot (LDI) CEO granted 2,000,000 performance share units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hsieh Anthony Li reported acquisition or exercise transactions in this Form 4 filing.
loanDepot, Inc. disclosed that Executive Chair, CEO and President Anthony Li Hsieh agreed to receive an award of 2,000,000 Performance Share Units (PSUs). Each PSU represents a contingent right to receive one share of Class A Common Stock if specified share-price performance conditions are met. The PSU terms were approved by the compensation committee on the transaction date and are expected to be granted on June 15, 2026, with an expiration date of June 15, 2029. The award was recorded at a price of $0.00 per unit as a compensation grant rather than a market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hsieh Anthony Li
Role
Executive Chair, CEO & Pres.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 2,000,000 | $0.00 | -- |
Holdings After Transaction:
Performance Share Units — 2,000,000 shares (Direct, null)
Footnotes (1)
- Each Performance Restricted Stock Unit ("PSU") represents a contingent right to receive one share of Class A Common Stock upon LDI achieving specified prices per share. The transaction date is the date that the PSU terms were agreed to between the reporting person and the issuer and approved by the issuer's compensation committee. The PSUs are expected to be granted on June 15, 2026.
Key Figures
Performance Share Units granted: 2,000,000 units
Underlying Class A shares: 2,000,000 shares
Grant price per unit: $0.00 per PSU
+3 more
6 metrics
Performance Share Units granted
2,000,000 units
PSU award to Anthony Li Hsieh tied to stock-price hurdles
Underlying Class A shares
2,000,000 shares
Each PSU represents one Class A Common Stock share
Grant price per unit
$0.00 per PSU
Equity compensation, not open-market purchase
Total PSUs after transaction
2,000,000 units
Holdings in this PSU award following the transaction
Expected grant date
June 15, 2026
PSUs expected to be granted on this date
Expiration date
June 15, 2029
PSUs lapse if conditions unmet by this date
Key Terms
Performance Share Units, Performance Restricted Stock Unit, Class A Common Stock, compensation committee, +1 more
5 terms
Performance Restricted Stock Unit financial
"Each Performance Restricted Stock Unit ("PSU") represents a contingent right"
Class A Common Stock financial
"one share of Class A Common Stock upon LDI achieving specified prices"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
compensation committee financial
"approved by the issuer's compensation committee"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
Grant, award, or other acquisition regulatory
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did loanDepot (LDI) report for Anthony Li Hsieh?
loanDepot reported that Executive Chair, CEO and President Anthony Li Hsieh agreed to an award of 2,000,000 Performance Share Units. These units are a form of equity compensation, not an open-market stock purchase or sale, and are tied to future stock performance conditions.