PCP MANAGERS, L.P. 4

4 · loanDepot, Inc. · Filed Jun 2, 2026

AI-generated summary of this filing

Updated Jun 2, 2026

loanDepot (LDI) 10% Owner PCP Managers GP Exercises RSUs

What Happened

PCP Managers GP, LLC (reported as a 10% owner) converted/exercised 49,214 restricted stock units (RSUs) into 49,214 shares of loanDepot, Inc. (LDI) on 2026-05-29. The filing also shows a simultaneous disposition of the same 49,214 shares reported at $0.00. No cash proceeds are reported for the disposition.
This is a derivative/RSU settlement event rather than an open-market buy or sale. It neither clearly signals a purchase nor a cash sale by the reporting entity; the reported $0.00 disposition is consistent with a net settlement or withholding transfer common with RSU settlements (see footnote F1).

Key Details

Transaction date: 2026-05-29 (Form filed 2026-06-02; filing appears within the 2 business-day Form 4 window).
Actions reported: Exercise/conversion of derivative (M) — 49,214 shares acquired; simultaneous disposition of 49,214 shares at $0.00.
Price/Proceeds: Acquisition shown as N/A; disposition reported at $0.00 (no cash proceeds reported).
Shares owned after transaction: Not specified in the provided filing.
Relevant footnotes:
- F1: RSUs convert to one share or cash at committee option.
- F2: Reporting persons disclaim beneficial ownership except for pecuniary interests.
- F3–F5: PCP Managers GP is general partner of PCP Managers, L.P. (affiliate of Parthenon Capital); the RSUs are held for the benefit of PCP Managers, L.P.; Messrs. Golson and Dodson serve as directors and disclaim direct rights in the RSUs; Mr. Golson oversees shares held of record by his father.
Filing timeliness: Filed within the required reporting window (not marked late).

Context

For retail investors: this filing documents an RSU conversion by an institutional/10% owner and the immediate disposition of the resulting shares. Such transactions often reflect net share settlement or tax-withholding mechanics for RSU settlements and do not necessarily indicate a discretionary sale for cash by an individual insider.

Form 4

Period: 2026-05-29

Director10% Owner

Transactions

Exercise/Conversion
Class A Common Stock
[F1][F2][F3][F4]
2026-05-29+49,214→ 103,557,072 total(indirect: See Footnotes)
Exercise/Conversion
Restricted Stock Units
[F1][F2][F3][F4]
2026-05-29−49,214→ 0 total(indirect: See Footnotes)
→ Class A Common Stock (49,214 underlying)

Holdings

Footnotes (5)

[F1]Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A Common Stock or, at the option of the Compensation Committee, the cash value of one share of Class A Common Stock.
[F2]Each of the Reporting Persons expressly disclaims beneficial ownership of the equity securities reported herein, except to the extent of their respective pecuniary interests therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4.
[F3]PCP Managers GP, LLC is the general partner of PCP Managers, L.P, an affiliate of Parthenon Capital Partners ("Parthenon Capital"). Mr. Golson is the Co-CEO and Managing Partner at Parthenon Capital and Mr. Dodson is a Managing Partner at Parthenon Capital. PCP Managers GP, LLC and certain of the reporting persons and their affiliates may be deemed to beneficially own the reported securities.
[F4]Pursuant to Assignment and Acknowledgement Agreements, dated as of May 6, 2021, Messrs. Golson and Dodson serve as directors of the Issuer (the "Directors") and hold the RSUs for the benefit of PCP Managers, L.P. The Directors disclaim all right, title and interest in the RSUs.
[F5]Mr. Golson oversees the reported LDI shares held of record by his father.

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