loanDepot (NYSE: LDI) director converts 24,607 RSUs into shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
loanDepot, Inc. director Dawn G. Lepore exercised restricted stock units into common shares. On 2026-05-29, she converted 24,607 Restricted Stock Units into 24,607 shares of Class A Common Stock at a stated price of $0.00 per unit, reflecting compensation rather than an open-market purchase.
Following this derivative exercise, her direct holdings of Class A Common Stock increased to 232,958 shares. The RSUs 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 upon settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
24,607 shares exercised/converted
Mixed
2 txns
Insider
LEPORE DAWN G
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 — 232,958 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs exercised: 24,607 units
Shares acquired via exercise: 24,607 shares
Post-transaction holdings: 232,958 shares
+1 more
4 metrics
RSUs exercised
24,607 units
Restricted Stock Units converted on May 29, 2026
Shares acquired via exercise
24,607 shares
Class A Common Stock received from RSU conversion
Post-transaction holdings
232,958 shares
Class A Common Stock directly held after transaction
RSU settlement price
$0.00 per unit
Stated transaction price for RSU exercise
Key Terms
Restricted Stock Units, Class A Common Stock, derivative exercise/conversion, Compensation Committee
4 terms
Restricted Stock Units financial
"The Form 4 shows 24,607 Restricted Stock Units converted into 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
"converted 24,607 Restricted Stock Units into 24,607 shares 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 exercise/conversion financial
"transaction_action is described as a derivative exercise/conversion"
Compensation Committee financial
"at the option of the Compensation Committee, the cash value of one share"
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.