OZONIAN STEVEN 4

What Happened Steven Ozonian, a director of loanDepot, reported the conversion (derivative exercise/conversion, code M) of 24,607 restricted stock units (RSUs) into 24,607 shares on 2026-05-29. The acquisition line shows the shares were acquired at N/A (typical for RSU settlement) and a matching disposition of 24,607 shares is reported at $0.00 (not an open-market sale).

Key Details

• Transaction date: 2026-05-29; Form 4 filed: 2026-06-02 (timely within reporting window).
• Acquired: 24,607 shares (conversion of RSUs) — price reported as N/A.
• Disposed: 24,607 shares at $0.00 (reported as a derivative disposition, not a market sale).
• Footnote: F1 — each RSU represents a contingent right to one share or, at the committee’s option, the cash value of one share.
• Shares owned after transaction: not provided in the supplied data.

Context This filing documents conversion/settlement of RSUs rather than a purchase or an open-market sale. The $0.00 disposition here is reported as a derivative transaction and is not proceeds from a public sale; such entries often reflect net settlement or tax withholding or other non-market transfers rather than a decision to sell shares on the open market.