LEPORE DAWN G 4

What Happened Dawn G. Lepore, a director of loanDepot, reported that on May 29, 2026 she converted/exercised 24,607 derivative awards (reported as RSU conversions) into 24,607 shares and a matching disposition of 24,607 shares was reported at $0. The filings list the acquisition and the disposition on the same date, resulting in no reported cash proceeds from the disposal.

Key Details

• Transaction date: 2026-05-29; Form 4 filed: 2026-06-02 (Accession 0001186015-26-000004).
• Transaction codes: M = exercise/conversion of a derivative; both acquisition and disposition use this code.
• Shares acquired: 24,607; shares disposed: 24,607; disposition price reported as $0 (no proceeds shown).
• Shares owned after transaction: not specified in the provided filing.
• Footnote: Each RSU represents a contingent right to receive one share of Class A common stock or, at the Compensation Committee’s option, the cash value of one share. (Footnote F1)
• No late-filing flag was indicated in the supplied data.

Context When RSUs are converted and identical amounts are immediately reported as disposed at $0, this commonly reflects administrative settlement mechanics (for example, net-share settlement or internal transfers for tax/administrative purposes), though the filing itself does not state the reason. These transactions are different from open-market purchases or sales; they often reflect compensation settlement rather than a directional trading signal.