Graeler Darren 4

What Happened

• Darren Graeler, Chief Accounting Officer of loanDepot, settled 27,372 restricted stock units (RSUs) that vested and were settled on March 16, 2026. Of those, 14,831 shares were surrendered/withheld to cover tax liability at $1.56 per share, generating $23,136.
• On the same date he was also awarded additional equity: 23,584 RSUs and 70,754 performance/time-based RSUs (total new awards = 94,338 RSUs), all reported as derivative awards (no cash paid).

Key Details

• Transaction date(s): March 16, 2026 (report filed March 18, 2026). Filing appears timely.
• Tax withholding: 14,831 shares withheld at $1.56/share = $23,136 (reported as disposition code F).
• Settled/converted: 27,372 RSUs settled/converted to common stock (reported under exercise/conversion code M).
• New awards: 23,584 RSUs (time-based vesting in three equal annual increments) and 70,754 RSUs (includes performance-based units with vesting tied to stock-price targets and other timing per footnotes).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: confirm (a) certain RSUs vested March 14 and settled March 16, (b) time‑based RSUs vest in three equal annual increments, and (c) some units are performance RSUs that vest only if stock-price targets are met.

Context

• This is largely an award/settlement and tax-withholding event, not an open‑market purchase or sale for investment purposes. Surrendering shares to cover taxes is a routine administrative step following RSU settlement and does not necessarily signal a buying or selling decision by the insider.
• The new RSU awards include both time‑based and performance‑based units; performance units will only convert to shares if specified performance conditions are met.