[Form 4] loanDepot, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Joseph J. Grassi III, Chief Risk Officer of loanDepot, Inc. (LDI), reported insider transactions dated 09/12/2025. He was granted 31,250 restricted stock units (RSUs), each representing a contingent right to one share of Class A common stock, increasing his beneficial ownership to 139,382 shares following the grant. The filing also reports a disposition of 9,407 shares of Class A common stock at a price of $4.27, reducing beneficial ownership to 129,975. The RSU award notes remaining RSUs scheduled to vest on 09/12/2026. The form was signed on behalf of Mr. Grassi by an attorney-in-fact on 09/15/2025.

Positive

• Grant of 31,250 RSUs documented, each representing one share of Class A common stock
• RSU vesting schedule stated (remaining RSUs scheduled to vest on 09/12/2026)
• Beneficial ownership figures provided showing 139,382 shares following the grant

Negative

• Disposition of 9,407 shares at a price of $4.27, reducing beneficial ownership to 129,975

Insights

Corporate Governance Expert

TL;DR Routine executive equity award and small share disposition reported by the Chief Risk Officer.

The filing documents a standard equity compensation event: 31,250 RSUs granted with scheduled vesting and an accompanying disposal of 9,407 shares at $4.27. This is consistent with routine insider reporting for compensation and personal transactions. The disclosure includes vesting timing for remaining RSUs and shows resulting beneficial ownership levels of 139,382 pre-disposition and 129,975 post-disposition.

Securities Analyst

TL;DR Transaction details are straightforward: RSU grant and a share sale with clear quantities and prices.

The report specifies the mechanics: 31,250 RSUs (each converting to one Class A share) reported under code M and a reported sale of 9,407 shares at $4.27 under code F. The RSUs are scheduled to vest further on 09/12/2026. Beneficial ownership figures before and after the transactions are provided, enabling precise tracking of insider holdings.

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^*

Grassi Joseph J III

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Risk Officer

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		M		31,250	A	(1)	139,382	D
Class A Common Stock	09/12/2025		F		9,407	D	$4.27	129,975	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
Restricted Stock Units	(1)	09/12/2025		M			31,250	(1)	(1)	Class A Common Stock	31,250	$0	31,250	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A Common Stock. The remaining RSUs are scheduled to vest on September 12, 2026.

Remarks:

	/s/ Greg Smith, as Attorney-in-Fact for Joseph J. Grassi III	09/15/2025
	** 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 transactions did Joseph J. Grassi III report on Form 4 for LDI?

He reported a grant of 31,250 RSUs and a disposition of 9,407 Class A shares at $4.27, both dated 09/12/2025.

How many shares does Mr. Grassi beneficially own after these transactions?

The filing shows beneficial ownership of 129,975 Class A shares following the reported transactions.

What does each RSU represent and when do remaining RSUs vest?

Each RSU represents a contingent right to receive one share of Class A common stock. Remaining RSUs are scheduled to vest on 09/12/2026.

What codes and dates are associated with the transactions?

Transactions are dated 09/12/2025. The RSU grant is reported under code M and the share disposition under code F.

Who signed the Form 4 on behalf of Joseph J. Grassi III?

The form was signed by Greg Smith as Attorney-in-Fact for Joseph J. Grassi III on 09/15/2025.