Key facts
- This page summarizes Dan Binowitz's Form 4 filing for loanDepot, Inc. (LDI).
- 4 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 17 Mar 2025, 16:30.
Dan Binowitz - 13 Mar 2025 Form 4 Insider Report for loanDepot, Inc. (LDI)
- Reporting relationship
- Managing Director
- Issuer ticker
- LDI
- Reported as of
- 13 Mar 2025
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 17 Mar 2025, 16:30:53 UTC
- Prior SEC filing
- 08 Nov 2024
- Next SEC filing
- 16 Apr 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Greg Smith, as Attorney-in-Fact for Dan Binowitz
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Dan Binowitz filed Form 4 for loanDepot, Inc. (LDI) on 17 Mar 2025.
Change
- Previous filing in this sequence was filed on 08 Nov 2024.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
LDI
transaction
Class C Common Stock
Other
- Transaction value
- $0
- Shares
- -92,605
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 13 Mar 2025
- Ownership
- Trilogy Management Investors Seven, LLC
- Footnotes
- F1, F2, F3, F4, F5
LDI
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +92,605
- Change %
- +10%
- Price
- $0.000000
- Shares after
- 977,802
- Date
- 13 Mar 2025
- Ownership
- Direct
- Footnotes
- F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
LDI
transaction
Derivative
Common Units
Conversion of derivative security
- Transaction value
- $0
- Shares
- -92,605
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 13 Mar 2025
- Ownership
- Trilogy Management Investors Seven, LLC
- Underlying class
- Class A Common Stock
- Underlying amount
- 92,605
- Exercise price
- Footnotes
- F1, F2, F3, F4, F5, F6
LDI
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +547,446
- Change %
- Price
- $0.000000
- Shares after
- 547,446
- Date
- 14 Mar 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 547,446
- Exercise price
- Footnotes
- F7, F8
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 8 footnotes
Footnote F1
In the reorganization transactions related to Issuer's IPO, shares of Issuer's Class C Common Stock, par value $0.001 ("Class C Common Stock"), were issued to certain holders of LD Holdings Group LLC ("LD Holdings") Class A Common Units ("Common Units") equal to the number of Common Units held by such holders. Pursuant to the Fourth Amended and Restated Limited Liability Company Agreement of LD Holdings, holders of Common Units may, subject to certain exceptions, from time to time require LD Holdings to redeem all or a portion of their Common Units (together with an equal number of shares of Class C Common Stock) in exchange for, at the Issuer's election (determined solely by a majority of the Issuer's directors who are disinterested), newly issued shares of Class A Common Stock, par value $0.001 ("Class A Common Stock") of the Issuer on a one-for-one basis or a cash payment equal to an average market price of one share of Class A Common Stock for each Common Unit so redeemed.
Footnote F2
The transaction date is the date the Reporting Person elected to make the exchange described in footnotes 1 and 3, which exchange will occur effective as of April 1, 2025.
Footnote F3
The Reporting Person elected to cause Trilogy Management Investors Seven, LLC ("Trilogy Seven") to exchange all of the remaining Common Units beneficially owned by the Reporting Person for an equal number of shares of Class A Common Stock. The shares of Class C Common Stock corresponding to the Common Units that were exchanged were cancelled for no consideration.
Footnote F4
The reported shares of Class C Common Stock were previously reported by Trilogy Seven through its manager, Anthony Hsieh. In a Form 4 filed on July 25, 2024, Anthony Hsieh changed his reporting methodology. In addition, the Reporting Person previously reported all of the Common Units held by Trilogy Seven. The Reporting Person no longer has an interest in Trilogy Seven.
Footnote F5
The Reporting Person had an indirect interest in a portion of the securities of the Class C Common Stock and the Common Units held by Trilogy Seven. The Reporting Person no longer has any interest in these securities and disclaims all beneficial ownership of all remaining securities held by Trilogy Seven.
Footnote F6
Represents Common Units held by Trilogy Seven that were exchanged for shares of Class A Common Stock and the cancellation of the corresponding shares of Class C Common Stock on a one-for-one basis as described in footnotes 1 and 3.
Footnote F7
Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A Common Stock.
Footnote F8
The RSUs vest in three equal annual increments commencing March 14, 2026, the first anniversary of the grant.