Graeler Darren 4
4 · loanDepot, Inc. · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
loanDepot (LDI) Chief Accounting Officer Darren Graeler Receives 10,638 Shares
What Happened
Darren Graeler, Chief Accounting Officer of loanDepot, had performance/restricted equity convert to 10,638 shares on April 15, 2026 (settled April 16 due to processing). To cover tax withholding, 4,881 of those shares were surrendered at a withholding price of $1.55 per share, equal to $7,566. This was an award settlement and tax withholding, not an open-market buy or sell.
Key Details
- Transaction date: April 15, 2026 (settlement noted as April 16, 2026 due to administrative delay). Form filed April 17, 2026.
- Instruments: Performance Stock Units (PSUs) and/or Restricted Stock Units (RSUs) converted/exercised (transaction code M); tax withholding disposition (transaction code F).
- Shares involved: 10,638 shares acquired via conversion/settlement; 4,881 shares disposed to satisfy tax withholding. Net shares retained from this event: 5,757.
- Withholding price/value: $1.55 per share; total withheld value reported $7,566. Tax-withholding price based on April 15, 2026 per footnote.
- Shares owned after transaction: not disclosed in the Form 4 provided here.
- Footnotes: PSUs vested on April 15, 2026 and settled April 16 due to processing (F2). Remaining RSUs/PSUs have future vesting dates (April 15, 2027) per filing (F1, F3).
- Timeliness: Form 4 was filed April 17 for April 15 transactions; no late-filing indication in the provided record.
Context
This was a routine equity award settlement (PSU/RSU conversion) with shares withheld to cover taxes — a common administrative step that doesn’t reflect an open-market sale or purchase decision. For derivative/award transactions, “M” indicates exercise or conversion of granted units; “F” denotes shares surrendered for tax withholding.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-04-15+10,638→ 252,577 total - Tax Payment
Class A Common Stock
2026-04-15$1.55/sh−4,881$7,566→ 247,696 total - Exercise/Conversion
Class A Common Stock
[F2][F3]2026-04-15+10,638→ 258,334 total - Tax Payment
Class A Common Stock
[F2]2026-04-15$1.55/sh−4,881$7,566→ 253,453 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-04-15−10,638→ 10,638 total→ Class A Common Stock (10,638 underlying) - Exercise/Conversion
Performance Share Units
[F3][F2]2026-04-15−10,638→ 10,638 total→ Class A Common Stock (10,638 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A Common Stock. The remaining RSUs are scheduled to vest on April 15, 2027.
- [F2]The PSUs vested on April 15, 2026, and settled on April 16, 2026, due to an administrative processing delay. The tax-withholding price was based on April 15, 2026.
- [F3]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. The remaining PSUs are scheduled to vest on April 15, 2027.