Frank Martell - 04 Jun 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
04 Jun 2025
Net transactions value
-$402,496
Form type
4
Filing time
06 Jun 2025, 16:55:53 UTC
Previous filing
27 May 2025
Next filing
16 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Martell Frank CEO and President, Director C/O LOANDEPOT, INC., 6561 IRVINE CENTER DR., IRVINE /s/ Greg Smith, as Attorney-in-Fact for Frank Martell 06 Jun 2025 0001387655

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDI Class A Common Stock Options Exercise +624,114 +68% 1,537,367 04 Jun 2025 Direct F1
transaction LDI Class A Common Stock Tax liability $402,496 -316,926 -21% $1.27 1,220,441 04 Jun 2025 Direct
holding LDI Class A Common Stock 417,952 04 Jun 2025 2024 Trust F2
holding LDI Class A Common Stock 386,846 04 Jun 2025 The Frank D. and Donna M. Martell Family Trust F3

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 Performance Share Units Options Exercise $0 -624,114 -100% $0.000000 0 04 Jun 2025 Class A Common Stock 624,114 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Frank Martell is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each performance stock unit ("PSU") granted on April 15, 2024, represented a contingent right to receive one share of Class A Common Stock upon LDI achieving one fiscal quarter of positive adjusted net income. Vesting of the earned PSUs accelerated in accordance with Mr. Martell's Transition, Separation and Advisory Agreement and General Release of Claims dated March 5, 2025.
F2 As trustee, Mr. Martell has voting and investment power over the assets of the 2024 trust.
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