OZONIAN STEVEN 4
Research Summary
AI-generated summary
loanDepot (LDI) Director Steven Ozonian Receives RSU Award
What Happened
- Steven Ozonian, a director of loanDepot, Inc. (LDI), received an award of 105,932 restricted stock units (RSUs) on 2026-06-04. The award was reported as an acquisition with an acquisition price of $0.00 (transaction code A), meaning no cash was paid for the RSUs at grant.
Key Details
- Transaction date and price: 2026-06-04; 105,932 RSUs; $0.00 per share (award/grant).
- Vesting schedule (footnote): the RSUs are unvested and vest ratably on Aug 31, 2026; Nov 30, 2026; Feb 26, 2027; and May 28, 2027.
- Shares owned after transaction: not specified in the filing.
- Filing timeliness: Form 4 filed 2026-06-08 for a 2026-06-04 grant — the filing met the SEC’s two-business-day reporting requirement (not late).
- Transaction code: A (award/grant of securities).
Context
- This was a compensation grant (RSUs), not an open-market purchase or sale, so it reflects standard equity-based pay rather than an explicit buy or sell signal. The RSUs are unvested and will convert to shares only as they vest per the schedule above.