SEC Form 4 · accession 0001831631-26-000095
loanDepot, Inc. · LDI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph J Grassi III
Officer — Chief Legal & Risk Officer
Period of report
Aug 5, 2026
Accepted (ET)
Aug 7, 2026 · 6:40 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001831631
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF2,F1 | — | Aug 5, 2026 | D | 102,201 | D | — | Mar 16, 2029 | Class A Common Stock | 102,201 | 0 | D |
| Restricted Stock UnitsF3 | — | Aug 5, 2026 | A | 102,201 | A | — | — | Class A Common Stock | 102,201 | 102,201 | D |
| Restricted Stock UnitsF5,F4 | — | Aug 5, 2026 | A | 250,000 | A | — | — | Class A Common Stock | 250,000 | 250,000 | D |
Explanation of responses
- F1Each performance restricted stock unit ("PSU") represented a contingent right to receive one share of the issuer's Class A Common Stock. The PSUs were originally subject to vesting upon the issuer's Class A Common Stock achieving specified prices per share.
- F2On August 5, 2026, the issuer's compensation committee amended the terms of the PSUs originally granted to the reporting person on March 16, 2026, to modify the PSU award to provide for ratable vesting over a three-year period, exclusively based on the reporting person's continuous services. For Form 4 reporting purposes, the amendment is reported as the cancellation of the original PSUs and the concurrent grant of replacement restricted stock units ("RSUs").
- F3Each RSU represents a contingent right to receive, at settlement, one share of the issuer's Class A Common Stock. The RSUs vest in three equal annual increments commencing March 16, 2027, the first anniversary of the original PSU grant.
- F4Each RSU represents a contingent right to receive, at settlement, one share of the issuer's Class A Common Stock. The RSUs vest in two equal annual increments on the first and second anniversaries of the grant date, which is expected to be September 15, 2026.
- F5The transaction date is the date that the RSU terms were approved by the issuer's compensation committee. The RSUs are expected to be granted on September 15, 2026.