Marchetti Dominick Edilio 4
4 · loanDepot, Inc. · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
loanDepot CDO Dominick Marchetti Receives 786,162-Share Award
What Happened Dominick Marchetti, chief digital officer of loanDepot (LDI), received two awards on March 16, 2026: 393,081 performance restricted stock units (PRSUs) and 393,081 restricted stock units (RSUs), for a total of 786,162 units. The reported acquisition price for both grants is $0.00; these are derivative awards that confer a contingent right to receive shares of Class A common stock upon settlement.
Key Details
- Transaction date: 2026-03-16; Form 4 filed 2026-03-18 (appears timely).
- Grants: 393,081 PRSUs (footnote F1) and 393,081 RSUs (footnote F2); total 786,162 units.
- Reported acquisition price: $0.00 (award/grant, not a cash purchase).
- Vesting/conditions: F1 — PRSUs vest only if specified stock-price performance targets are met. F2 — RSUs vest in three equal annual installments beginning March 16, 2027.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context These are compensation awards, common for executives, and should not be read as an open‑market purchase or sale. PRSUs are performance‑contingent and may never convert to shares unless targets are met; RSUs vest over time. Such grants signal company compensation strategy but do not directly reveal the insider’s short‑term market view.
Insider Transaction Report
- Award
Performance Share Units
[F1]2026-03-16+393,081→ 393,081 totalExp: 2029-03-16→ Class A Common Stock (393,081 underlying) - Award
Restricted Stock Units
[F2]2026-03-16+393,081→ 393,081 total→ Class A Common Stock (393,081 underlying)
Footnotes (2)
- [F1]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.
- [F2]Each restricted stock unit ("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.