Pamela Patenaude receives 105,932 loanDepot (NYSE: LDI) RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PATENAUDE PAMELA H. reported acquisition or exercise transactions in this Form 4 filing.
loanDepot, Inc. director Pamela H. Patenaude reported an equity award of 105,932 shares of Class A common stock, received as a grant at no cost. The award consists of unvested restricted stock units that vest in equal portions on August 31, 2026, November 30, 2026, February 26, 2027, and May 28, 2027. Following this grant, she holds a total of 448,831.7285 shares directly, including the unvested units. This filing reflects routine stock-based compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PATENAUDE PAMELA H.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 105,932 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 448,831.729 shares (Direct, null)
Footnotes (1)
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Key Figures
Equity grant size: 105,932 shares
Grant price per share: $0.00 per share
Total holdings after grant: 448,831.7285 shares
+4 more
7 metrics
Equity grant size
105,932 shares
Restricted stock unit grant of Class A Common Stock
Grant price per share
$0.00 per share
Non-cash stock grant to director
Total holdings after grant
448,831.7285 shares
Direct Class A Common Stock holdings post-transaction
Vesting date 1
August 31, 2026
First ratable vesting of restricted stock units
Vesting date 2
November 30, 2026
Second ratable vesting of restricted stock units
Vesting date 3
February 26, 2027
Third ratable vesting of restricted stock units
Vesting date 4
May 28, 2027
Final ratable vesting of restricted stock units
Key Terms
restricted stock units, unvested, Class A Common Stock, Grant, award, or other acquisition
4 terms
restricted stock units financial
"Includes 105,932 unvested restricted stock units, which vest ratably on August 31, 2026..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
unvested financial
"Includes 105,932 unvested restricted stock units, which vest ratably on August 31, 2026..."
Class A Common Stock financial
"security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did loanDepot (LDI) report for Pamela H. Patenaude?
loanDepot director Pamela H. Patenaude reported receiving 105,932 shares of Class A common stock as a stock grant. These shares are in the form of restricted stock units that vest over time, indicating routine equity compensation rather than an open-market buy or sell transaction.
Is the Pamela H. Patenaude loanDepot (LDI) Form 4 a stock purchase or sale?
The Form 4 shows an acquisition via grant, not a market purchase or sale. Code “A” indicates a grant or award of 105,932 restricted stock units at a price of $0.00 per share, reflecting non-cash equity compensation for the director’s service.
When do Pamela H. Patenaude’s new loanDepot (LDI) restricted stock units vest?
The 105,932 unvested restricted stock units vest ratably on four dates: August 31, 2026, November 30, 2026, February 26, 2027, and May 28, 2027. Each date will release a portion of the award into vested Class A common stock if conditions are satisfied.
What type of security was granted to Pamela H. Patenaude by loanDepot (LDI)?
She received Class A common stock in the form of restricted stock units, a common equity compensation tool for directors. These units convert into actual shares as they vest, aligning director incentives with shareholder interests over the specified vesting period.