Smallwood Gregory 4

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

AI-generated summary of this filing

Updated Mar 18, 2026

loanDepot (LDI) CLO Gregory Smallwood Receives RSUs; 32,150 Shares Withheld

What Happened

Gregory Smallwood, Chief Legal Officer of loanDepot, reported multiple equity award and derivative-conversion transactions settled March 16, 2026. The filing shows awards/vests totaling 408,804 RSU-type units (306,603 and 102,201) and a reported conversion/exercise of 118,613 derivative units. To cover tax withholding, 32,150 shares were withheld and reported as disposed at $1.56 per share, totaling $50,154. These were awards/settlements (not open-market purchases or discretionary sales).

Key Details

Transaction date(s): March 16, 2026 (Form 4 filed March 18, 2026 — appears timely).
Reported award/settlement items:
- Grant/Award (A): 306,603 RSUs @ $0.00 (acquired)
- Grant/Award (A): 102,201 RSUs @ $0.00 (acquired)
- Exercise/Conversion (M): 118,613 derivative units (acquired; N/A price)
- Exercise/Conversion (M): 118,613 derivative units (reported disposed at $0.00 — related derivative reporting)
- Tax/payment withholding (F): 32,150 shares disposed @ $1.56 = $50,154 (to cover taxes)
Shares owned following the transactions: not specified in the excerpts provided.
Footnotes of note:
- RSUs vested March 14 and were settled March 16 (footnote F1).
- Some RSUs are time-based and vest in three equal annual installments starting March 14 or March 16 of subsequent years (F2, F3).
- Some awards are performance RSUs that vest only if certain stock-price targets are met (F4).
Filing timeliness: Reported on Mar 18 for a Mar 16 settlement—within the usual two-business-day Form 4 window.

Context

These entries are primarily awards/settlements and derivative conversions. The 32,150-share disposal is a tax-withholding event (common when RSUs settle); it is not an open-market sale signaling a change in investment view. Performance RSUs will only convert to shares if specified price targets are achieved, per the footnote.

Form 4

Period: 2026-03-16

Chief Legal Officer

Transactions

Exercise/Conversion
Class A Common Stock
[F1][F2]
2026-03-16+118,613→ 330,202 total
Tax Payment
Class A Common Stock
2026-03-16$1.56/sh−32,150$50,154→ 298,052 total
Exercise/Conversion
Restricted Stock Units
[F2]
2026-03-16−118,613→ 237,226 total
→ Class A Common Stock (118,613 underlying)
Award
Restricted Stock Units
[F3]
2026-03-16+306,603→ 306,603 total
→ Class A Common Stock (306,603 underlying)
Award
Performance Share Units
[F4]
2026-03-16+102,201→ 102,201 total
Exp: 2029-03-16→ Class A Common Stock (102,201 underlying)

Footnotes (4)

[F1]The restricted stock units ("RSUs") vested on Saturday, March 14, 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. The RSUs vest in three equal annual increments commencing March 14, 2026, the first anniversary of the grant.
[F3]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.
[F4]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 Gregory Smallwood|2026-03-18

1 file