loanDepot CEO exercises 24,607 RSUs
loanDepot, Inc. Executive Chair and CEO Anthony Hsieh exercised 24,607 restricted stock units into Class A Common Stock on May 29, 2026.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
loanDepot, Inc. Executive Chair and CEO Anthony Hsieh exercised 24,607 restricted stock units into Class A Common Stock on May 29, 2026. These RSUs represented a right to receive one share or its cash value per unit. Following the settlement, his direct Class A holdings total 217,496 shares, with no shares sold in this filing.
Insider Trade Summary
24,607 shares exercised/converted
Exercise
2 txns
Insider
Hsieh Anthony Li
Role
Executive Chair, CEO & Pres.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 24,607 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 24,607 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 units (Direct);
Class A Common Stock — 217,496 shares (Direct)
Holdings Before and After:
Restricted Stock Units, 24,607 to 0 units (Direct);
Class A Common Stock, 192,889 to 217,496 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
RSUs exercised: 24,607 units
Shares after transaction: 217,496 shares
Exercises reported: 1 exercise
+1 more
4 metrics
RSUs exercised
24,607 units
Restricted Stock Units settled on May 29, 2026
Shares after transaction
217,496 shares
Class A Common Stock directly held after settlement
Exercises reported
1 exercise
Exercise or conversion of derivative security (code M)
Net buy/sell shares
0 shares
No open-market buys or sells; net direction neutral
Key Terms
Restricted Stock Units, Class A Common Stock, derivative security, Exercise or conversion of derivative security
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A Common Stock..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A Common Stock..."
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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did loanDepot (LDI) report for Anthony Hsieh?
Anthony Hsieh exercised 24,607 restricted stock units into Class A Common Stock. The transaction reflects settlement of equity awards rather than open-market buying or selling, and is categorized as an exercise or conversion of a derivative security.
What type of security did Anthony Hsieh exercise in the loanDepot (LDI) Form 4?
He exercised restricted stock units, which are derivative securities. Each restricted stock unit represented a contingent right to receive one share of Class A Common Stock or, at the Compensation Committee’s option, the cash value of one share at settlement.
How is the Form 4 transaction for loanDepot (LDI) classified by the SEC codes?
The transaction is coded “M,” indicating exercise or conversion of a derivative security. It is categorized as an acquisition event, reflecting settlement of 24,607 restricted stock units into Class A Common Stock with no corresponding sale transactions reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.
