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LDI Chief Investment Officer reports 250,000-share sale at $3.014

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

loanDepot, Inc. (LDI) Chief Investment Officer Jeffrey Michael DerGurahian reported selling 250,000 shares of Class A common stock on 11/25/2025 at a weighted average price of $3.014 per share. The sale occurred in multiple trades at prices ranging from $3.00 to $3.055.

After this transaction, he beneficially owns 1,074,695 Class A shares directly and 5,842,969 Class A shares indirectly through CDG Financial LLC, where he is the managing member. He disclaims beneficial ownership of the shares held by CDG Financial LLC except to the extent of his pecuniary interest.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
DerGurahian Jeffrey Michael

(Last) (First) (Middle)
C/O LOANDEPOT, INC.
6561 IRVINE CENTER DRIVE

(Street)
IRVINE CA 92618

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
loanDepot, Inc. [ LDI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Investment Officer
3. Date of Earliest Transaction (Month/Day/Year)
11/25/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 11/25/2025 S 250,000 D $3.014(1) 1,074,695 D
Class A Common Stock 5,842,969 I CDG Financial LLC(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $3.00 to $3.055. 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.
2. The Reporting Person is the Managing Member of CDG Financial LLC. The Reporting Person disclaims beneficial ownership of the LDI shares held by CDG Financial LLC except to the extent of his pecuniary interest therein.
Remarks:
/s/ Greg Smith, as Attorney-in-Fact for Jeffrey Michael DerGurahian 11/25/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did loanDepot (LDI) report in this Form 4?

The filing reports that Chief Investment Officer Jeffrey Michael DerGurahian sold 250,000 shares of loanDepot Class A common stock on 11/25/2025.

At what price were the loanDepot (LDI) shares sold by the CIO?

The shares were sold at a weighted average price of $3.014 per share, in multiple transactions at prices ranging from $3.00 to $3.055.

How many loanDepot (LDI) shares does the CIO own after the reported sale?

Following the sale, the CIO beneficially owns 1,074,695 Class A shares directly and 5,842,969 Class A shares indirectly through CDG Financial LLC.

What is the nature of the indirect ownership reported for loanDepot (LDI)?

The indirect ownership of 5,842,969 Class A shares is held by CDG Financial LLC, where the reporting person is the managing member and disclaims beneficial ownership except to the extent of his pecuniary interest.

What is the reporting person’s role at loanDepot (LDI)?

The reporting person, Jeffrey Michael DerGurahian, is an officer of loanDepot, Inc., serving as Chief Investment Officer.

Is this Form 4 filed by more than one reporting person for loanDepot (LDI)?

No. The Form 4 indicates it is filed by one reporting person, not by more than one reporting person.

Loandepot Inc

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United States
IRVINE