[Form 4] loanDepot, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Gregory Smallwood, chief legal officer of loanDepot, Inc. (LDI), reported insider transactions dated 09/15/2025. The filing shows receipt of 62,500 restricted stock units (RSUs) that convert to one share each at settlement, adding to his holding so that he beneficially owned 226,808 shares after the transaction. The filing also reports a disposition of 15,219 shares at $4.52 per share, leaving 211,589 shares directly owned. The RSUs granted on 09/15/2025 vest in part immediately and the remaining RSUs are scheduled to vest on 09/15/2026. The Form 4 was signed by an attorney-in-fact on 09/16/2025.

Positive

• Receipt of 62,500 RSUs increases alignment between the chief legal officer and shareholders through future equity ownership
• Total beneficial ownership rose to 226,808 shares after the reported RSU grant, increasing insider stake

Negative

• Disposition of 15,219 shares at $4.52 reduced direct holdings to 211,589 shares, representing a modest sale

Insights

Financial Analyst

TL;DR: Insider received RSUs while also selling a modest block of shares; overall holdings increased.

The acquisition of 62,500 RSUs increases total potential share exposure and aligns the officer with shareholder interests on vesting. The sale of 15,219 shares at $4.52 represents a relatively small disposal versus total holdings (about 6.9% of post-transaction beneficial ownership), suggesting routine liquidity or diversification rather than a fundamental signal about company performance. No option exercises or other derivative activity beyond RSUs were reported. Impact on valuation or control appears limited.

Corporate Governance Expert

TL;DR: Compensation-related grant disclosed with scheduled vesting; transactions are standard disclosure items.

The Form 4 documents a compensation grant via RSUs and a contemporaneous open-market sale of shares. The RSU grant has a one-year remaining vesting tranche, which is typical for retention-focused awards. The filing is complete with an attorney-in-fact signature. From a governance perspective, the mix of grant and sale is common and does not indicate an unusual governance event or change in control.

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

OMB APPROVAL

OMB Number:			3235-0287
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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^*

Smallwood Gregory

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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 A Common Stock	09/15/2025		M		62,500	A	(1)	226,808	D
Class A Common Stock	09/15/2025		F		15,219	D	$4.52	211,589	D

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
Restricted Stock Units	(1)	09/15/2025		M			62,500	(1)	(1)	Class A Common Stock	62,500	$0	62,500	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A Common Stock. The remaining RSUs are scheduled to vest on September 15, 2026.

Remarks:

	/s/ Greg Smith, as Attorney-in-Fact for Gregory Smallwood	09/16/2025
	** 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 insider transactions did Gregory Smallwood report on Form 4 for LDI?

He reported receipt of 62,500 RSUs and a sale of 15,219 Class A common shares at $4.52 each on 09/15/2025.

How many shares does Gregory Smallwood beneficially own after these transactions?

226,808 shares beneficially owned following the reported transactions; 211,589 shares held directly after the sale.

When do the newly reported RSUs vest?

Some RSUs vested on 09/15/2025 and the remaining RSUs are scheduled to vest on 09/15/2026.

Was the Form 4 properly signed and filed?

Yes. The Form 4 was signed by an attorney-in-fact, Greg Smith, on 09/16/2025.

What was the economic price for the disposed shares?

The sale price was $4.52 per share for the 15,219 shares sold.