[Form 4] loanDepot, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Dawn G. Lepore, a director of loanDepot, Inc. (LDI), reported receipt of 24,606 restricted stock units (RSUs) on 08/29/2025. After the award, she beneficially owns 249,204 shares of Class A common stock directly and 73,819 shares attributable to outstanding RSUs on a derivative basis. Each RSU converts to one share or cash at the Compensation Committee's option. The RSUs vest ratably on Nov 28, 2025, Feb 27, 2026 and May 29, 2026. The Form 4 was signed by an attorney-in-fact on 09/02/2025.

Positive

• 24,606 RSUs awarded to Director Dawn G. Lepore on 08/29/2025, increasing alignment of director compensation with shareholder value
• Clear vesting schedule provided: Nov 28, 2025; Feb 27, 2026; May 29, 2026, giving transparency on when shares may settle

Negative

• None.

Insights

Securities Analyst

TL;DR: Director received a timed RSU award increasing direct and derivative share holdings; modest governance signal but not a material capital event.

The filing documents a standard equity compensation grant of 24,606 RSUs to a company director, creating a combined increase in direct and derivative holdings. The RSUs convert one-for-one to Class A common stock or cash and vest in three scheduled tranches across late 2025 and mid-2026. This is a routine compensation disclosure under Section 16 and does not reflect open-market purchases or sales that would immediately change float. For investors, the award signals continued executive/director compensation via equity rather than cash, modestly increasing potential dilution when RSUs settle.

Corporate Governance Expert

TL;DR: Vesting schedule and formality are standard; award aligns director incentives with shareholders but is not a transformative governance change.

The Form 4 shows an equity grant delivered as restricted stock units with explicit vesting dates and an option for cash settlement, consistent with common compensation practices. The disclosure was timely and signed by an attorney-in-fact. There is no indication of accelerated vesting conditions or unusual terms in the explanation provided. From a governance perspective, RSU grants to directors are typical and serve to align interests, but the filing contains no evidence of material governance shifts or extraordinary compensation arrangements.

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
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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^*

LEPORE DAWN G

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025

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	08/29/2025		M		24,606	A	(1)	249,204	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)	08/29/2025		M			24,606	(1)	(1)	Class A Common Stock	24,606	$0	73,819	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 or, at the option of the Compensation Committee, the cash value of one share of Class A Common Stock. The RSUs are scheduled to vest ratably on November 28, 2025, February 27, 2026, and May 29, 2026.

Remarks:

	/s/ Greg Smith, as Attorney-in-Fact for Dawn G. Lepore	09/02/2025
	** 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 did Dawn G. Lepore report on Form 4 for LDI?

She reported receipt of 24,606 RSUs on 08/29/2025 and updated her beneficial ownership totals.

How many Class A shares does Dawn Lepore beneficially own after the transaction?

249,204 shares directly and 73,819 shares attributable to RSUs on a derivative basis, per the Form 4.

When do the RSUs vest for Dawn Lepore?

The RSUs vest ratably on Nov 28, 2025; Feb 27, 2026; and May 29, 2026.

Can the RSUs be settled for cash?

Yes. Each RSU represents a right to one share of Class A common stock or, at the Compensation Committee's option, the cash value of one share.

Who signed the Form 4 and when was it signed?

Greg Smith, as Attorney-in-Fact for Dawn G. Lepore, signed the Form 4 on 09/02/2025.