LDI insider sale: Hsieh trades 1.3M shares under 10b5-1 plan
Rhea-AI Filing Summary
loanDepot, Inc. (LDI) Executive Chair, CEO & President Anthony Hsieh reported the sale of 1,300,000 shares of Class A common stock on 10/14/2025 at a weighted average price of $2.87, executed under a Rule 10b5-1 trading plan adopted on November 20, 2024.
The filing notes individual trade prices ranged from $2.71 to $3.015. Following these transactions, 0 shares were held indirectly via the JLSSAA Trust, and 143,677 shares were held directly.
Positive
- None.
Negative
- None.
Insights
Pre‑planned insider sale; routine disclosure, neutral impact.
Anthony Hsieh disclosed selling 1,300,000 Class A shares on 10/14/2025 at a $2.87 weighted average, pursuant to a Rule 10b5‑1 plan adopted on November 20, 2024. The price range was $2.71–$3.015, indicating multiple executions.
After the transactions, holdings stood at 0 shares indirectly via the JLSSAA Trust and 143,677 shares directly. Form 4 events are administrative and do not involve issuer proceeds; the investment significance typically depends on context beyond this disclosure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,300,000 | $2.87 | $3.73M |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 20, 2024. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.71 to $3.015. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, specific trade amounts and pricing within the ranges set forth in this footnote of this Form 4 at which the respective transactions were affected. As trustee, Anthony Hsieh has voting and investment power over the assets of The JLSSAA Trust ("JLSSAA Trust").