Frank Martell - 28 Apr 2025 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role
CEO and President, Director
Signature
/s/ Greg Smith, as Attorney-in-Fact for Frank Martell
Issuer symbol
LDI
Transactions as of
28 Apr 2025
Net transactions value
-$137,106
Form type
4
Filing time
29 Apr 2025, 16:51:33 UTC
Previous filing
16 Apr 2025
Next filing
13 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDI Class A Common Stock Options Exercise +250,000 +32% 1,040,203 28 Apr 2025 Direct F1, F2
transaction LDI Class A Common Stock Tax liability $137,106 -126,950 -12% $1.08 913,253 28 Apr 2025 Direct
holding LDI Class A Common Stock 386,846 28 Apr 2025 The Frank D. and Donna M. Martell Family Trust F3
holding LDI Class A Common Stock 417,952 28 Apr 2025 2024 Trust F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LDI Restricted Stock Units Options Exercise $0 -250,000 -50% $0.000000 250,000 28 Apr 2025 Class A Common Stock 250,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") that vested on Sunday, April 27, 2025, were settled on April 28, 2025.
F2 Each RSU represents a contingent right to receive, at settlement, one share of Class A Common Stock. The remaining RSUs are scheduled to vest on April 27, 2026.
F3 As trustee, Mr. Martell has voting and investment power over the assets of the Frank D. and Donna M. Martell Family Trust, Est. 8/17/20
F4 As trustee, Mr. Martell has voting and investment power over the assets of the 2024 trust.