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