Hayes David R 4

4 · loanDepot, Inc. · Filed Mar 18, 2026

AI-generated summary of this filing

Updated Mar 18, 2026

loanDepot (LDI) CFO David Hayes Exercises Awards, Receives RSUs

What Happened

David R. Hayes, CFO of loanDepot, exercised/converted 267,397 derivative units (200,730 + 66,667) and was issued shares on March 16, 2026. He also received two awards of 518,867 RSUs each (totaling 1,037,734 RSUs) settled that day.
To satisfy tax withholding, 98,827 shares were withheld (74,906 and 23,921) at $1.56 per share for total withholding of $154,170. No open-market sale of shares is reported; the exercises and RSU settlements were handled via conversion/settlement and share withholding.
Transaction types reported: M = exercise/conversion of derivative, A = grant/award (RSUs), F = payment of exercise price or tax liability (share withholding).

Key Details

Transaction date: March 16, 2026; filing date: March 18, 2026 (filed timely).
Exercise/conversion totals: 267,397 derivative units exercised (200,730 and 66,667).
RSUs granted/settled: two awards of 518,867 RSUs (1,037,734 total).
Tax withholding: 98,827 shares withheld at $1.56/share = $154,170 (reported as dispositions under code F).
Shares owned after transaction: not specified in the filing.
Relevant footnotes: RSUs represent contingent rights to receive one share at settlement; several RSU grants vest in three equal annual installments (with various commencement dates per footnotes), and some units may be performance-restricted, vesting only if stock-price targets are met.

Context

This filing reflects exercises and RSU settlements with net share withholding for taxes (common when awards vest) rather than an open-market sale—so it does not indicate a discretionary sale for cash proceeds.
For retail investors, awards and resultant withholding are typically routine administrative events when equity awards vest; purchases are generally more informative as bullish signals than routine vesting or tax-withholding sales.

Form 4

Period: 2026-03-16

Chief Financial Officer

Transactions

Exercise/Conversion
Class A Common Stock
[F1][F2]
2026-03-16+200,730→ 640,535 total
Tax Payment
Class A Common Stock
2026-03-16$1.56/sh−74,906$116,853→ 565,629 total
Exercise/Conversion
Class A Common Stock
[F1][F2]
2026-03-16+66,667→ 632,296 total
Tax Payment
Class A Common Stock
2026-03-16$1.56/sh−23,921$37,317→ 608,375 total
Exercise/Conversion
Restricted Stock Units
[F2][F3]
2026-03-16−200,730→ 401,460 total
→ Class A Common Stock (200,730 underlying)
Exercise/Conversion
Restricted Stock Units
[F2][F4]
2026-03-16−66,667→ 66,667 total
→ Class A Common Stock (66,667 underlying)
Award
Restricted Stock Units
[F5]
2026-03-16+518,867→ 518,867 total
→ Class A Common Stock (518,867 underlying)
Award
Performance Share Units
[F6]
2026-03-16+518,867→ 518,867 total
Exp: 2029-03-16→ Class A Common Stock (518,867 underlying)

Footnotes (6)

[F1]The restricted stock units ("RSUs") vested on Saturday, March 14, 2026, or Sunday, March 15, 2026, and were settled on Monday, March 16, 2026.
[F2]Each RSU represents a contingent right to receive, at settlement, one share of Class A Common Stock.
[F3]The RSUs vest in three equal annual increments commencing March 14, 2026, the first anniversary of the grant.
[F4]The RSUs vest in three equal annual increments commencing March 15, 2025, the first anniversary of the grant.
[F5]Each RSU represents a contingent right to receive, at settlement, one share of the issuer's Class A Common Stock. The RSUs vest in three equal annual increments commencing March 16, 2027, the first anniversary of the grant.
[F6]Each performance restricted stock unit represents a contingent right to receive one share of the issuer's Class A Common Stock. The performance rights vest upon the issuer's Class A Common Stock achieving specified prices per share.

Signature

/s/ Greg Smith, as Attorney-in-Fact for David R. Hayes|2026-03-18

1 file