Frank Martell - 04 Jun 2025 Form 4 Insider Report for loanDepot, Inc. (LDI)

Reporting relationship: CEO and President, Director
Issuer ticker: LDI
Reported as of: 04 Jun 2025
Net transaction value: -$402,496
SEC form: 4
Accepted by SEC: 06 Jun 2025, 16:55:53 UTC
Prior SEC filing: 27 May 2025
Next SEC filing: 16 Jun 2025
Source filing: View source filing
Reporting owner signature: /s/ Greg Smith, as Attorney-in-Fact for Frank Martell

Key filing fact

Frank Martell filed Form 4 for loanDepot, Inc. (LDI) on 06 Jun 2025.

Key facts

This page summarizes Frank Martell's Form 4 filing for loanDepot, Inc. (LDI).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 06 Jun 2025, 16:55.

Change

Previous filing in this sequence was filed on 27 May 2025.
Current net transaction value: -$402,496.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001387655 Primary reporting owner

Martell Frank

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

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LDI transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +624,114
Change %: +68%
Price
Shares after: 1,537,367
Date: 04 Jun 2025
Ownership: Direct
Footnotes: F1

LDI transaction

Class A Common Stock

Tax liability

Transaction value: $402,496
Shares: -316,926
Change %: -21%
Price: $1.27
Shares after: 1,220,441
Date: 04 Jun 2025
Ownership: Direct

LDI holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 417,952
Date: 04 Jun 2025
Ownership: 2024 Trust
Footnotes: F2

LDI holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 386,846
Date: 04 Jun 2025
Ownership: The Frank D. and Donna M. Martell Family Trust
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LDI transaction Derivative

Performance Share Units

Options Exercise

Transaction value: $0
Shares: -624,114
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Jun 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 624,114
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Frank Martell is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote 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.

Footnote F2

As trustee, Mr. Martell has voting and investment power over the assets of the 2024 trust.

Footnote 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