Director Pamela Patenaude exercises 24,607 RSUs at loanDepot (NYSE: LDI)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
loanDepot, Inc. director Pamela H. Patenaude exercised restricted stock units that settled into 24,607 shares of Class A Common Stock. The RSUs converted at a price of $0.00 per unit, reflecting equity compensation rather than an open-market purchase. Following the transaction, she directly holds about 342,899.7285 shares of Class A Common Stock. The corresponding RSU derivative position reported in this filing was fully exhausted, with 0.0000 restricted stock units remaining.
Positive
- None.
Negative
- None.
Insider Trade Summary
24,607 shares exercised/converted
Mixed
2 txns
Insider
PATENAUDE PAMELA H.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 24,607 | $0.00 | -- |
| Exercise | Class A Common Stock | 24,607 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Class A Common Stock — 342,899.729 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs exercised: 24,607 units
Shares acquired: 24,607 shares
Post-transaction holdings: 342,899.7285 shares
+3 more
6 metrics
RSUs exercised
24,607 units
Restricted Stock Units converted to Class A Common Stock on May 29, 2026
Shares acquired
24,607 shares
Class A Common Stock received from RSU settlement
Post-transaction holdings
342,899.7285 shares
Class A Common Stock held directly after the transaction
RSU exercise price
$0.00 per unit
Conversion or exercise price for restricted stock units
RSUs remaining
0.0000 units
Restricted stock units from this award after exercise
Exercise transactions
1 exercise, 24,607 shares
Aggregate derivative exercise activity in this filing
Key Terms
Restricted Stock Units, Class A Common Stock, derivative security, restricted stock unit ("RSU")
4 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
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
"security_title: "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.
restricted stock unit ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive..."
FAQ
What insider transaction did loanDepot (LDI) director Pamela H. Patenaude report?
Pamela H. Patenaude reported exercising restricted stock units that converted into 24,607 shares of loanDepot Class A Common Stock. This was a derivative exercise of equity awards, not an open-market stock purchase or sale.
Were any restricted stock units remaining for Pamela H. Patenaude after this loanDepot (LDI) filing?
No restricted stock units remained from the grant reported. The derivative table shows 24,607 RSUs exercised and a total of 0.0000 restricted stock units following the transaction, indicating that specific award was fully settled.