loanDepot CAO exercises awards, boosts share holdings
loanDepot, Inc. Chief Accounting Officer Darren Graeler increased his direct equity stake through equity award vesting.
Rhea-AI Filing Summary
loanDepot, Inc. Chief Accounting Officer Darren Graeler increased his direct equity stake through equity award vesting. On April 15, 2026, he exercised restricted stock units and performance share units covering a total of 21,276 shares of Class A Common Stock. To satisfy tax obligations, 9,762 shares were withheld at $1.55 per share, leaving a net addition of 11,514 shares. Following these transactions, Graeler directly owned 253,453 shares of Class A Common Stock. The footnotes state the remaining RSUs and PSUs are scheduled to vest on April 15, 2027, and that the PSUs were tied to loanDepot achieving one fiscal quarter of positive adjusted net income.
Positive
- None.
Negative
- None.
Insider Trade Summary
21,276 shares exercised/converted
Exercise
6 txns
Insider
Graeler Darren
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 10,638 | $0.00 | $0.00 |
| Exercise | Performance Share Units | 10,638 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 10,638 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 4,881 | $1.55 | $8K |
| Exercise | Class A Common Stock | 10,638 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 4,881 | $1.55 | $8K |
Holdings After Transaction:
Restricted Stock Units — 10,638 contracts (Direct);
Performance Share Units — 10,638 contracts (Direct);
Class A Common Stock — 253,453 shares (Direct)
Footnotes (3)
- F1. 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 April 15, 2027.
- F2. The PSUs vested on April 15, 2026, and settled on April 16, 2026, due to an administrative processing delay. The tax-withholding price was based on April 15, 2026.
- F3. Each performance stock unit ("PSU") granted on April 15, 2024, represented a contingent right to receive one share of Class A Common Stock upon LDI achieving one fiscal quarter of positive adjusted net income. The remaining PSUs are scheduled to vest on April 15, 2027.
Key Figures
Shares from award exercises: 21,276 shares
Tax-withheld shares: 9,762 shares
Net shares added: 11,514 shares
+4 more
7 metrics
Shares from award exercises
21,276 shares
Class A Common Stock from RSU and PSU exercises on April 15, 2026
Tax-withheld shares
9,762 shares
Shares delivered to cover tax liabilities at $1.55 per share
Net shares added
11,514 shares
Net increase in directly held Class A Common Stock after withholding
Post-transaction holdings
253,453 shares
Direct holdings of Class A Common Stock after Form 4 transactions
Tax-withholding price
$1.55 per share
Price used to determine number of shares withheld for taxes
RSU final vesting date
April 15, 2027
Scheduled vesting date for remaining restricted stock units
PSU grant date
April 15, 2024
Grant date of performance stock units tied to positive adjusted net income
Key Terms
Restricted Stock Units, performance stock unit, tax-withholding price, adjusted net income, +1 more
5 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.
performance stock unit financial
"Each performance stock unit ("PSU") granted on April 15, 2024, represented a contingent right to receive one share of Class A Common Stock..."
A performance stock unit is a type of reward companies give to employees, usually managers, that depends on how well the company performs over time. If the company hits specific goals, the employee earns shares of stock, like earning a prize for reaching certain levels in a game. It motivates employees to work hard because their rewards are tied to the company's success.
tax-withholding price financial
"The tax-withholding price was based on April 15, 2026."
adjusted net income financial
"represented a contingent right to receive one share of Class A Common Stock upon LDI achieving one fiscal quarter of positive adjusted net income."
Adjusted net income is a company's reported profit after removing unusual, one-time, or non-operational items so the number reflects the business’s regular earning power. Investors use it like a cleaned-up scorecard — similar to judging a player’s season performance without a few fluke games — to compare companies or assess trends without being misled by rare gains or losses that won’t affect future cash flow.
Class A Common Stock financial
"one share of Class A Common Stock upon LDI achieving one fiscal quarter..."
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did loanDepot (LDI) insider Darren Graeler report in this Form 4?
Darren Graeler reported vesting and exercise of restricted and performance stock units into Class A Common Stock. These compensation-related awards increased his direct holdings, with some shares withheld to cover tax obligations rather than sold in the open market.
What are Darren Graeler’s loanDepot (LDI) holdings after these Form 4 transactions?
After the reported transactions, Graeler directly held 253,453 shares of loanDepot Class A Common Stock. This figure reflects both the shares received from restricted and performance stock unit vesting and the shares withheld to cover associated tax obligations.
Were the loanDepot (LDI) Form 4 transactions open-market buys or sales?
No. The filing shows derivative exercises and tax-withholding dispositions, not open-market trades. Code M entries reflect conversion of RSUs and PSUs into shares, while code F entries represent shares withheld by the company to cover tax liabilities, not discretionary sales.
What performance condition was tied to Darren Graeler’s loanDepot (LDI) PSUs?
Each PSU granted on April 15, 2024, represented a right to one share of Class A Common Stock if loanDepot achieved one fiscal quarter of positive adjusted net income. The filing notes that the remaining PSUs are scheduled to vest on April 15, 2027.
When are the remaining loanDepot (LDI) RSUs and PSUs for Darren Graeler scheduled to vest?
The remaining restricted stock units and performance stock units are scheduled to vest on April 15, 2027. This future vesting date indicates additional potential share deliveries to Graeler, subject to the company’s standard vesting and award terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
