[Form 4] loanDepot, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Anthony Li Hsieh, Executive Chair, CEO and President of loanDepot, Inc. (LDI), reported the sale of 1,300,000 shares of Class A common stock on 09/12/2025 at a weighted-average price of $4.10 per share (sales occurred between $4.00 and $4.32). Following the reported transactions, the filing shows 1,350,000 shares beneficially owned indirectly by the JLSSAA Trust, over which Mr. Hsieh serves as trustee, and 143,677 shares owned directly. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Hsieh and includes a footnote offering to provide specific trade amounts and prices within the disclosed range upon request.

Positive

• None.

Negative

• Large insider sale: Disposal of 1,300,000 Class A shares on 09/12/2025, which may increase tradable float.
• Weighted-average price disclosure: Sales averaged $4.10, with individual trades from $4.00 to $4.32, indicating execution within a price range rather than a single price point.

Insights

Securities Analyst

TL;DR Insider sale of 1.3M LDI shares at ~$4.10 reduces direct holdings; material size for shareholders to note.

From an investor-impact perspective, the sale of 1,300,000 Class A shares by the companys Executive Chair/CEO is a notable liquidity event. The filing discloses a weighted-average sales price of $4.10 with individual trades between $4.00 and $4.32. Post-transaction ownership remains significant via the JLSSAA Trust (1,350,000 shares indirect) plus 143,677 shares direct, indicating continued ownership and voting/investment power by Mr. Hsieh as trustee. The Form 4 provides transparency on price ranges and offers to furnish specific trade details if requested, which supports record accuracy. This disclosure is routine under Section 16 but important for tracking insider behavior and potential supply impacts.

Corporate Governance Expert

TL;DR Insider disposition is material to governance monitoring but does not show relinquishment of control.

The reported disposition of 1,300,000 shares is material from a governance monitoring standpoint because it changes the composition of shares held directly versus indirectly. The filing clarifies that Mr. Hsieh, as trustee of the JLSSAA Trust, retains voting and investment power over 1,350,000 shares, and also directly holds 143,677 shares. Thus, while the CEO executed a sizable sale, the filing indicates he continues to exercise control through a trust. The presence of an attorney-in-fact signature and the offered trade detail transparency are proper procedural elements for regulatory compliance.

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^*

Hsieh Anthony Li

(Last) (First) (Middle)

C/O LOANDEPOT, INC.

6561 IRVINE CENTER DR.

(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)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Chair, CEO & Pres.

3. Date of Earliest Transaction (Month/Day/Year)
09/12/2025

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	09/12/2025		S		1,300,000	D	$4.1(1)	1,350,000	I	By JLSSAA Trust(2)
Class A Common Stock								143,677	D

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 $4.00 to $4.32. 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. As trustee, Anthony Hsieh has voting and investment power over the assets of The JLSSAA Trust ("JLSSAA Trust").

Remarks:

	/s/ Greg Smith, as Attorney-in-Fact for Anthony Li Hsieh	09/12/2025
	** 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 transactions did loanDepot (LDI) report on 09/12/2025?

The Form 4 reports that Anthony Li Hsieh sold 1,300,000 Class A shares on 09/12/2025 at a weighted-average price of $4.10 per share.

How many loanDepot shares does Anthony Hsieh own after the reported transactions?

Following the transactions, the filing shows 1,350,000 shares held indirectly by the JLSSAA Trust and 143,677 shares held directly.

What price range were the sales executed at in the Form 4 filing?

The sales were executed at prices ranging from $4.00 to $4.32, with a reported weighted-average price of $4.10.

Does Anthony Hsieh retain voting or investment power after the sale?

Yes. The filing states Mr. Hsieh, as trustee of the JLSSAA Trust, has voting and investment power over the 1,350,000 shares held by the trust.

Who signed the Form 4 on behalf of Anthony Hsieh?

The document is signed by Greg Smith, as Attorney-in-Fact for Anthony Li Hsieh, dated 09/12/2025.