LEPORE DAWN G 4
Research Summary
AI-generated summary
loanDepot (LDI) Director Dawn G. Lepore Receives 105,932 RSUs
What Happened Dawn G. Lepore, a director of loanDepot, Inc. (LDI), was granted 105,932 restricted stock units (RSUs) on 2026-06-04 (reported on Form 4). The grant is listed with an acquisition price of $0.00 (no cash exchanged on grant). These RSUs are unvested and will convert to shares only as they vest according to the schedule below.
Key Details
- Transaction date: 2026-06-04; Form filed: 2026-06-08 (appears timely under the SEC two-business-day rule).
- Transaction type/code: Award/Grant (A); grant price reported as $0.00.
- Shares granted: 105,932 unvested RSUs.
- Shares owned after transaction: Not specified in the excerpt provided.
- Footnote: RSUs vest ratably on 2026-08-31, 2026-11-30, 2027-02-26, and 2027-05-28 (per filing).
Context This was a compensation award (RSUs), not a market purchase or sale. RSUs typically represent a promise to deliver shares if and when they vest; they do not indicate an immediate cash investment or divestment by the insider. The grant being recorded at $0 on the Form 4 is common for RSU awards; the economic value to the insider depends on loanDepot’s future stock price and the vesting events.