loanDepot (LDI) Chief Accounting Officer Exercises RSUs, Withholds Shares

What Happened
Darren Graeler, Chief Accounting Officer of loanDepot, had 39,309 restricted stock units (RSUs) vest and settle into shares on August 17, 2026. Of those shares, 18,035 were withheld to cover tax withholding at $0.88 per share, totaling $15,781. The net number of shares delivered to Graeler after withholding was 21,274. This was a routine settlement of compensation (award/derivative conversion), not an open‑market purchase or sale.

Key Details

• Transaction date: RSUs vested on Aug 16, 2026 and were settled on Aug 17, 2026 (footnote F1). Form 4 filed Aug 18, 2026 (timely).
• Reported codes: M = exercise/conversion of derivative (RSU settlement); F = payment of exercise price or tax liability (share withholding).
• Shares involved: 39,309 RSUs settled → 39,309 shares issued; 18,035 shares withheld for taxes at $0.88/share (total withheld $15,781); net shares retained = 21,274.
• Price reported for withheld shares: $0.88 per share; no cash proceeds reported from any open-market sale.
• Footnote: F1 confirms RSUs vested on Aug 16 and were settled Aug 17.
• Shares owned after transaction: Not explicitly stated in the summary data; net new shares retained from this settlement were 21,274.

Context

• This was a compensation settlement (RSU vesting) and a routine tax-withholding event, not a discretionary purchase or sale by the insider. Withholding shares to cover taxes is common and does not necessarily signal insider buying or selling intent.
• Derivative transactions here reflect conversion/settlement of RSUs into common stock and share withholding to satisfy tax obligations.