# EDGAR Filing Document

**Accession Number:** 0001831631
**File Stem:** 0001552781-25-000465
**Filing Date:** 2025-12
**Character Count:** 9723
**Document Hash:** 356adedf95c2314a96d2241c245097f6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001552781-25-000465.hdr.sgml**: 20251218

**ACCESSION NUMBER**: 0001552781-25-000465

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251218

**DATE AS OF CHANGE**: 20251218

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** loanDepot, Inc.
- **CENTRAL INDEX KEY:** 0001831631
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 853948939
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-93052
- **FILM NUMBER:** 251584682

**BUSINESS ADDRESS:**
- **STREET 1:** 6561 IRVINE CENTER DRIVE
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92618
- **BUSINESS PHONE:** (949) 434-5964

**MAIL ADDRESS:**
- **STREET 1:** 6561 IRVINE CENTER DRIVE
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92618
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Hsieh Anthony Li
- **CENTRAL INDEX KEY:** 0001655400

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**MAIL ADDRESS:**
- **STREET 1:** C/O LOANDEPOT,  26642 TOWNE CENTRE DRIVE
- **CITY:** FOOTHILL RANCH
- **STATE:** CA
- **ZIP:** 92610

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 23)**

**loanDepot, Inc.**

*(Name of Issuer)*

**Class A Common Stock**

*(Title of Class of Securities)*

**53946R106**

*(CUSIP Number)*

**Covington & Burling LLP**<br>One CityCenter<br>850 Tenth Street, NW<br>Washington DC 20001<br>202-662-6000

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**12/16/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **53946R106** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Hsieh Anthony Li** | Name of reporting person<br>**Hsieh Anthony Li** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**386057.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**109995085.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**386057.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**109995085.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**110381142.00** | Aggregate amount beneficially owned by each reporting person<br>**110381142.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**46.7%** | Percent of class represented by amount in Row (11)<br>**46.7%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** Box 13 - (1) Calculated in accordance with the SEC's rules for calculating "beneficial ownership," which requires the Reporting Person to assume conversion of all of such person's Class C Common Stock but conversion of no other Class C Common Stock.
(2) Based on 126,394,171 shares of the Issuer's Class A Common Stock outstanding on November 5, 2025 as reported by the Issuer on a Form 10-Q filed with the SEC on November 7, 2025.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Class A Common Stock

**(b) Name of Issuer:**
loanDepot, Inc.

**(c) Address of Issuer's Principal Executive Offices:**
6561 Irvine Center Drive, Irvine, CA, 92618

This Amendment No. 23 ("Amendment No. 23") to Schedule 13D (this "Schedule 13D") is filed by Anthony Hsieh (the "Reporting Person") and relates to the beneficial ownership of certain shares of Class A Common Stock, par value $0.001 per share (the "Class A Common Stock"), of loanDepot, Inc., a Delaware corporation ("loanDepot" or the "Issuer"). Amendment No. 23 amends the initial statement on Schedule 13D filed by the Reporting Person on November 16, 2021, as amended on April 26, 2022, May 6, 2022, January 10, 2023, February 7, 2023, April 6, 2023, May 28, 2024, August 20, 2024, September 3, 2024, September 10, 2024, September 16, 2024, November 5, 2024, November 25, 2024, December 5, 2024, December 18, 2024, March 7, 2025, July 23, 2025, August 26, 2025, September 3, 2025, September 9, 2025, September 16, 2025, October 16, 2025 and November 18, 2025 (as amended prior to the date hereof, the "Original Filing," and as amended by this Amendment No. 23, the "Statement"). Except as specifically provided herein, this Amendment No. 23 does not modify any of the information previously reported in the Original Filing. Capitalized terms used but not defined have the meaning given them in the Original Filing.

**Item 5. Interest in Securities of the Issuer**

**(a)**
The information relating to the beneficial ownership of the Class A Common Stock by the Reporting Person set forth in Rows 7 through 13 of the cover page hereto and the related footnotes are incorporated by reference herein and is as of the date hereof. Such information assumes there are 126,394,171  shares of the Issuer's Class A Common Stock outstanding on November 5, 2025 as reported by the Issuer on a Form 10-Q filed with the SEC on November 7, 2025. The Reporting Person also owns 49,213 unvested restricted stock units ("RSUs") and 1,500,000 unvested performance stock units ("PSUs") of the Issuer. By virtue of the relationship among the Reporting Person and the Class C Stockholders (as defined in the Original Filing), the Reporting Person may be deemed to share the power to vote or direct the vote and to share the power to dispose of or direct the disposition of the shares of Class A Common Stock as set forth in rows 7 through 13 of the cover pages of this Statement. The filing of this Statement shall not be construed as an admission that such individual is, for the purpose of Section 13(d) or 13(g) of the Exchange Act, the beneficial owner of any securities covered by this Statement. Certain of the shares obtainable upon exchange of Class C Common Stock are required to be delivered to third parties and would not be retained by the Reporting Person upon exchange.

**(b)**
Please see Item 5(a) above.

**(c)**
The Reporting Person, through the JLSSAA Trust, has sold certain shares of Class A Common Stock as shown in the table below. The amounts reported are weighted average prices. The Reporting Person undertakes to provide the Issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, specific trade amounts and pricing at which the respective transactions were effected.

Date                           Number of Shares                       Weighted Average Price
12/8/2025                  369,266                                         $2.8076 (1)
12/9/2025                  399,919                                         $2.6713 (2)
12/10/2025                230,815                                         $2.6947 (3)
12/15/2025                260,251                                         $2.4908 (4)
12/16/2025                290,108                                         $2.4086 (5)
12/17/2025                308,379                                         $2.2926 (6)
12/18/2025                223,488                                         $2.3228 (7)

1. The shares were sold in multiple transactions at prices ranging from $2.705 to $2.87.
2. The shares were sold in multiple transactions at prices ranging from $2.605 to $2.765.
3. The shares were sold in multiple transactions at prices ranging from $2.59 to $2.76.
4. The shares were sold in multiple transactions at prices ranging from $2.455 to $2.60.  These sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan dated November 20, 2024.
5. The shares were sold in multiple transactions at prices ranging from $2.38 to $2.48.  These sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan dated November 20, 2024.
6. The shares were sold in multiple transactions at prices ranging from $2.23 to $2.40.  These sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan dated November 20, 2024.
7. The shares were sold in multiple transactions at prices ranging from $2.295 to $2.36. These sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan dated November 20, 2024.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Hsieh Anthony Li

**Signature:** /s/ Anthony Li Hsieh

**Name/Title:** Anthony Li Hsieh

**Date:** 12/18/2025