loanDepot (LDI) CEO Anthony Hsieh converts 24,606 RSUs into Class A stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
loanDepot, Inc. Executive Chair, CEO and President Anthony Li Hsieh reported the exercise and conversion of restricted stock units into 24,606 shares of Class A Common Stock on February 27, 2026, at a stated price of $0.00 per share. Following the transaction, his direct Class A Common Stock holdings were 192,889 shares. The remaining restricted stock units are scheduled to vest on May 29, 2026, each RSU representing the right to receive one share of Class A Common Stock or its cash value at settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
24,606 shares exercised/converted
Mixed
2 txns
Insider
Hsieh Anthony Li
Role
Executive Chair, CEO & Pres.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 24,606 | $0.00 | -- |
| Exercise | Class A Common Stock | 24,606 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 24,607 shares (Direct);
Class A Common Stock — 192,889 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did loanDepot (LDI) report for Anthony Li Hsieh?
Anthony Li Hsieh reported exercising restricted stock units, converting them into 24,606 shares of loanDepot Class A Common Stock on February 27, 2026. This was an RSU conversion, not an open-market purchase, and reflects equity compensation vesting mechanics.
What type of security was involved in Anthony Li Hsieh’s Form 4 for loanDepot (LDI)?
The Form 4 involves Restricted Stock Units (RSUs) that were exercised and converted into Class A Common Stock. Each RSU represents a right to receive one share or, at the Compensation Committee’s option, the cash value of one share at settlement.
When will Anthony Li Hsieh’s remaining loanDepot (LDI) RSUs vest?
The remaining restricted stock units held by Anthony Li Hsieh are scheduled to vest on May 29, 2026. Upon vesting, each RSU entitles him to receive either one share of Class A Common Stock or the cash value of one share, at settlement.
Does the Form 4 for loanDepot (LDI) show a buy or sell by Anthony Li Hsieh?
The Form 4 shows an exercise and conversion of restricted stock units, categorized as an acquisition of shares, not an open-market buy or sell. The transaction code is M, indicating the exercise or conversion of a derivative security into Class A Common Stock.