Graeler Darren 4

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.