Director Steven Ozonian awarded 105,932 RSUs at loanDepot (LDI)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OZONIAN STEVEN reported acquisition or exercise transactions in this Form 4 filing.
loanDepot, Inc. director Steven Ozonian reported an equity compensation award of 105,932 shares of Class A common stock. The grant was made at a price of $0.00 per share as a stock award rather than a market purchase, increasing his direct holdings to 323,428 shares.
The footnotes state this includes 105,932 unvested restricted stock units that vest in equal portions on August 31, 2026, November 30, 2026, February 26, 2027, and May 28, 2027. This filing reflects routine director compensation rather than an open-market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
OZONIAN STEVEN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 105,932 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 323,428 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 105,932 shares
Grant price: $0.00 per share
Holdings after grant: 323,428 shares
+2 more
5 metrics
RSU grant size
105,932 shares
Class A common stock award coded as grant/acquisition
Grant price
$0.00 per share
Compensation grant, not open-market purchase
Holdings after grant
323,428 shares
Total direct Class A common stock after transaction
Unvested RSUs
105,932 units
Unvested restricted stock units included in holdings
Vesting dates
Aug 31 2026; Nov 30 2026; Feb 26 2027; May 28 2027
RSUs vest ratably on four future dates
Key Terms
restricted stock units, vest ratably, Grant, award, or other acquisition, Class A Common Stock, +1 more
5 terms
restricted stock units financial
"Includes 105,932 unvested restricted stock units, which vest ratably"
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.
vest ratably financial
"restricted stock units, which vest ratably on August 31, 2026"
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Steven Ozonian report in his latest Form 4 for loanDepot (LDI)?
Steven Ozonian reported an equity award of 105,932 shares of loanDepot Class A common stock. The award was granted at $0.00 per share as compensation, increasing his direct holdings to 323,428 shares after the transaction.
Was the loanDepot (LDI) Form 4 transaction an open-market buy or a grant?
The Form 4 transaction was a grant, not an open-market purchase. It is coded as a grant, award, or other acquisition, with 105,932 shares received at $0.00 per share as part of director equity compensation.
When do Steven Ozonian’s new loanDepot (LDI) restricted stock units vest?
The 105,932 unvested restricted stock units vest ratably on August 31, 2026, November 30, 2026, February 26, 2027, and May 28, 2027. These scheduled vesting dates spread the compensation over multiple future periods.