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loanDepot (LDI) CEO Anthony Hsieh reports Rule 10b5-1 stock sales

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

Rhea-AI Filing Summary

loanDepot, Inc. insider Anthony Li Hsieh, who is a director, 10% owner, and Executive Chair, CEO & President, reported planned sales of Class A common stock tied to a Rule 10b5-1 trading plan adopted on November 20, 2024. On December 17, 2025, the JLSSAA Trust, for which he serves as trustee, sold 308,379 Class A shares at a weighted average price of $2.2926 per share. The trust then sold 223,488 shares on December 18, 2025 at a weighted average price of $2.3228 per share, and 217,774 shares on December 19, 2025 at a weighted average price of $2.2776 per share, reducing the trust’s reported indirect holdings to zero. Following these trades, Hsieh reports 168,283 Class A shares held directly.

Positive

  • None.

Negative

  • None.
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).
X
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)
12/17/2025
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 12/17/2025 S(1) 308,379 D $2.2926(2) 441,262 I By JLSSAA Trust(3)
Class A Common Stock 12/18/2025 S(1) 223,488 D $2.3228(4) 217,774 I By JLSSAA Trust(3)
Class A Common Stock 12/19/2025 S(1) 217,774 D $2.2776(5) 0 I By JLSSAA Trust(3)
Class A Common Stock 168,283 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. Effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 20, 2024.
2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.23 to $2.40. 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.
3. As trustee, Anthony Hsieh has voting and investment power over the assets of The JLSSAA Trust ("JLSSAA Trust").
4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.295 to $2.36. 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.
5. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.23 to $2.35. 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.
Remarks:
/s/ Greg Smith, as Attorney-in-Fact for Anthony Li Hsieh 12/19/2025
** 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 Anthony Li Hsieh, a director, 10% owner, and Executive Chair, CEO & President of loanDepot, Inc., sold shares of Class A common stock in a series of transactions through the JLSSAA Trust, for which he is trustee.

How many loanDepot (LDI) shares did Anthony Hsieh sell in December 2025?

Through the JLSSAA Trust, Hsieh sold 308,379 Class A shares on December 17, 2025, 223,488 shares on December 18, 2025, and 217,774 shares on December 19, 2025.

At what prices were the loanDepot (LDI) insider sales executed?

The reported weighted average prices were $2.2926 per share on December 17, 2025, $2.3228 per share on December 18, 2025, and $2.2776 per share on December 19, 2025. Each price reflects multiple trades within stated ranges.

How many loanDepot (LDI) shares does Anthony Hsieh report owning after these transactions?

After the reported sales, the filing shows that the JLSSAA Trust holds 0 Class A shares indirectly, while Hsieh reports 168,283 Class A shares held directly.

Were the loanDepot (LDI) insider transactions under a Rule 10b5-1 plan?

Yes. The filing states that the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 20, 2024.

What is the role of the JLSSAA Trust in these loanDepot (LDI) insider sales?

The shares sold were held by the JLSSAA Trust. The filing notes that Anthony Hsieh, as trustee, has voting and investment power over the trust’s assets, and the transactions are reported as indirect ownership changes until the trust’s balance reached zero.

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