loanDepot Announces Inducement Grants Under NYSE Rule 303A.08
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4:30 PM on Monday, September 15
The Associated Press
IRVINE, Calif.--(BUSINESS WIRE)--Sep 15, 2025--
loanDepot, Inc. (NYSE: LDI) ("loanDepot" or the "Company"), today announced it granted inducement equity awards on September 15, 2025, to its recently hired Chief Digital Officer, Dominck Marchetti, and Chief Innovation Officer, Sean DeJulia, as material inducements to their employment with loanDepot.
The inducement award to Marchetti consists of 2,000,0000 performance stock units (PSUs). The PSUs will vest based on loanDepot’s Class A Common Stock achieving specified prices per share over a three-year performance period beginning on September 15, 2025. The inducement award to DeJulia consists of 750,000 restricted stock units and will vest ratably over three years.
The inducement awards were granted as material inducements to Marchetti's and DeJulia’s employment and were approved by loanDepot’s independent Compensation Committee, in accordance with NYSE Listing Company Manual Rule 303A.08. The employment inducement awards were granted under the Company’s 2022 Inducement Plan.
About loanDepot:
Since its launch in 2010, loanDepot (NYSE: LDI) has revolutionized the mortgage industry with digital innovations that make transacting easier, faster and less stressful for customers and originators alike. The company, which is licensed in all 50 states, helps its customers achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. loanDepot is also committed to serving the communities in which its team lives and works through a variety of local and national philanthropic efforts.
LDI-IR
View source version on businesswire.com:https://www.businesswire.com/news/home/20250915452894/en/
CONTACT: Investor Contact:Gerhard Erdelji
Senior Vice President, Investor Relations
(949) 822-4074
[email protected] Contact:Rebecca Anderson
Senior Vice President, Strategic Communications and Public Relations
(949) 822-4024
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: FINANCE BANKING PROFESSIONAL SERVICES RESIDENTIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY
SOURCE: loanDepot, Inc.
Copyright Business Wire 2025.
PUB: 09/15/2025 04:30 PM/DISC: 09/15/2025 04:29 PM
http://www.businesswire.com/news/home/20250915452894/en
