Anthony Hsieh updates 31.8% loanDepot (LDI) ownership filing

Rhea-AI Filing Summary

loanDepot, Inc. (LDI) insider Anthony Li Hsieh has updated his Schedule 13D/A to reflect his current beneficial ownership and recent share class changes. He reports beneficial ownership of 106,563,368 shares of Class A Common Stock, representing 31.83% of the class, based on 228,569,593 Class A shares outstanding as of February 11, 2026.

The amendment also describes an automatic conversion on February 11, 2026, when each outstanding share of Class C Common Stock and Class D Common Stock converted into Class B Common Stock and Class A Common Stock, respectively. As of that date, 106,207,433 Class B shares were outstanding. Hsieh additionally holds 49,213 unvested RSUs and 1,500,000 unvested PSUs, and may be deemed to share voting and dispositive power over certain Class A shares through relationships with Class B stockholders.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 25)

loanDepot, Inc.

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

53946R106

(CUSIP Number)

Covington & Burling LLP
One CityCenter, 850 Tenth Street, NW
Washington, DC, 20001
202-662-6000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

02/11/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. 53946R106

1

Name of reporting person

Hsieh Anthony Li

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

PF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 168,283.00
8	Shared Voting Power 106,395,085.00
9	Sole Dispositive Power 168,283.00
10	Shared Dispositive Power 106,395,085.00

11

Aggregate amount beneficially owned by each reporting person

106,563,368.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

31.83 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

Box 13 - (1) Calculated in accordance with the SEC's rules for calculating "beneficial ownership," which requires the Reporting Person to assume conversion of all of such person's Class B Common Stock but conversion of no other Class B Common Stock. On February 11, 2026, all of the shares of the Issuer's Class C Common Stock beneficially owned by the Reporting Person automatically converted into shares of Class B Common Stock. (2) Based on 228,569,593 shares of the Issuer's Class A Common Stock outstanding on February 11, 2026 as reported by the Issuer on a Form 8-K filed with the SEC on February 12, 2026.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Class A Common Stock
(b)	Name of Issuer: loanDepot, Inc.
(c)	Address of Issuer's Principal Executive Offices: 6561 Irvine Center Drive, Irvine, CALIFORNIA , 92618.
Item 1 Comment: This Amendment No. 25 ("Amendment No. 25") to Schedule 13D (this "Schedule 13D") is filed by Anthony Hsieh (the "Reporting Person") and relates to the beneficial ownership of certain shares of Class A Common Stock, par value $0.001 per share (the "Class A Common Stock"), of loanDepot, Inc., a Delaware corporation ("loanDepot" or the "Issuer"). Amendment No. 25 amends the initial statement on Schedule 13D filed by the Reporting Person on November 16, 2021, as amended on April 26, 2022, May 6, 2022, January 10, 2023, February 7, 2023, April 6, 2023, May 28, 2024, August 20, 2024, September 3, 2024, September 10, 2024, September 16, 2024, November 5, 2024, November 25, 2024, December 5, 2024, March 7, 2025, July 23, 2025, August 26, 2025, September 3, 2025, September 9, 2025, September 16, 2025, October 16, 2025, November 18, 2025, December 18, 2025 and January 20, 2026 (as amended prior to the date hereof, the "Original Filing," and as amended by this Amendment No. 25, the "Statement"). Except as specifically provided herein, this Amendment No. 25 does not modify any of the information previously reported in the Original Filing. Capitalized terms used but not defined have the meaning given them in the Original Filing.
Item 5.	Interest in Securities of the Issuer
(a)	The information relating to the beneficial ownership of the Class A Common Stock by the Reporting Person set forth in Rows 7 through 13 of the cover page hereto and the related footnotes are incorporated by reference herein and is as of the date hereof. Such information assumes there are 228,569,593 shares of the Issuer's Class A Common Stock outstanding on February 11, 2026 as reported by the Issuer on a Form 8-K filed with the SEC on February 12, 2026. The Reporting Person also owns 49,213 unvested restricted stock units ("RSUs") and 1,500,000 unvested performance stock units ("PSUs") of the Issuer. By virtue of the relationship among the Reporting Person and certain Class B stockholders (as defined in the Original Filing as the Class C Stockholders), the Reporting Person may be deemed to share the power to vote or direct the vote and to share the power to dispose of or direct the disposition of the shares of Class A Common Stock as set forth in rows 7 through 13 of the cover pages of this Statement. The filing of this Statement shall not be construed as an admission that such individual is, for the purpose of Section 13(d) or 13(g) of the Exchange Act, the beneficial owner of any securities covered by this Statement. Certain of the shares obtainable upon exchange of Class B Common Stock are required to be delivered to third parties and would not be retained by the Reporting Person upon exchange.
(b)	Please see Item 5(a) above.
(c)	On February 11, 2026, pursuant to the Amended and Restated Certificate of Incorporation of the Issuer, dated February 11, 2021, each outstanding share of the Issuer's Class C Common Stock and Class D Common Stock automatically, and without further action on the part of the Issuer or any holder of Class C Common Stock or Class D Common Stock, converted into one fully paid and non-assessable share of Class B Common Stock or Class A Common Stock, respectively. Holders of shares of the Issuer's Class A Common Stock and Class B Common Stock are entitled to one vote for each share held of record on all matters on which stockholders are entitled to vote generally, including the election or removal of directors elected by stockholders generally. Holders of shares of Class B Common Stock are not entitled to receive dividends. Other than their par value, holders of Class B Common Stock are not entitled to receive a distribution upon the Issuer's liquidation, dissolution or winding up. Shares of Class B Common Stock may be converted, together with the corresponding number of units of LD Holdings Group, LLC ("LD Holdings"), as applicable, at any time and from time to time for shares of Class A Common Stock in accordance with the Fourth Amended and Restated Limited Liability Company Agreement of LD Holdings, as may be amended and/or restated from time to time. As of February 11, 2026, 106,207,433 shares of Class B Common Stock were outstanding and no shares of Class C Common Stock or Class D Common Stock were outstanding.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Hsieh Anthony Li

Signature:	/s/ Anthony Li Hsieh
Name/Title:	Anthony Li Hsieh
Date:	02/13/2026

FAQ

What percentage of loanDepot (LDI) does Anthony Li Hsieh report owning?

Anthony Li Hsieh reports beneficial ownership of 31.83% of loanDepot’s Class A Common Stock. This is based on 106,563,368 shares he beneficially owns out of 228,569,593 Class A shares outstanding as of February 11, 2026.

How many loanDepot (LDI) Class A shares does Anthony Li Hsieh beneficially own?

Anthony Li Hsieh reports beneficial ownership of 106,563,368 loanDepot Class A Common shares. This figure includes shares over which he has sole and shared voting or dispositive power, calculated under SEC beneficial ownership rules as of February 11, 2026.

What share class changes at loanDepot (LDI) are described in this Schedule 13D/A?

The filing states that on February 11, 2026, each outstanding Class C share automatically converted into Class B, and each Class D share converted into Class A. After this conversion, 106,207,433 Class B Common shares were outstanding, with no Class C or D shares remaining.

How many unvested equity awards does Anthony Li Hsieh hold in loanDepot (LDI)?

Anthony Li Hsieh holds 49,213 unvested restricted stock units (RSUs) and 1,500,000 unvested performance stock units (PSUs) of loanDepot. These awards represent potential future Class A shares, subject to vesting conditions described in the company’s award agreements.

How is voting power over loanDepot (LDI) shares allocated for Anthony Li Hsieh?

The cover page shows he has 168,283 shares with sole voting power and 106,395,085 shares with shared voting power. Through relationships with certain Class B stockholders, he may be deemed to share voting and dispositive power over those Class A shares.

What does the Schedule 13D/A say about loanDepot’s Class A shares outstanding?

The filing relies on 228,569,593 loanDepot Class A Common shares outstanding as of February 11, 2026. This total comes from a Form 8-K filed by the company on February 12, 2026 and is used to calculate Hsieh’s 31.83% ownership.