Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses LDI in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named LDI in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Dominick Marchetti | $218,942 | $1,150,000 | $9,025,000 | $0 | $0 | $0 | $171,508 | $10,565,450 |
| Chief Digital Officer | ||||||||
| David Hayes | 500,000 | 550,000 | 1,650,000 | 0 | 0 | 0 | 10,500 | 2,710,500 |
| Chief Financial Officer | ||||||||
| Frank Martell | 363,077 | 458,630 | 75,000 | 0 | 0 | 0 | 1,621,566 | 2,518,273 |
| Former Chief Executive Officer and President | ||||||||
| Anthony Hsieh | 1 | 0 | 905,000 | 0 | 0 | 0 | 1,177,492 | 2,082,493 |
| Executive Chairman, Chief Executive Officer and President | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Dominick Marchetti | $10,565,450 | — | — | — |
| David Hayes | 2,710,500 | 3,138,346 | — | −427,846 |
| Frank Martell | 2,518,273 | 6,380,350 | 16,411,508 | −3,862,077 |
| Anthony Hsieh | 2,082,493 | — | 4,256,105 | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Anthony Hsieh | Director | 2026-05-06 | A | 2,000,000 | $0 | $0 | Derivative, Class A Common | Form 4 ↗ |
| Dawn Lepore | Director | 2026-05-29 | A | 24,607 | — | — | Common | Form 4 ↗ |
| Pamela Patenaude | Director | 2026-05-29 | A | 24,607 | — | — | Common | Form 4 ↗ |
| Pamela Patenaude | Director | 2026-05-29 | D | 24,607 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| PCP MANAGERS GP, LLC | Director | 2026-05-29 | A | 49,214 | — | — | Common, indirect | Form 4 ↗ |
| Steven Ozonian | Director | 2026-05-29 | D | 24,607 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| PCP MANAGERS GP, LLC | Director | 2026-05-29 | D | 49,214 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| John Lee | Director | 2026-05-29 | A | 24,607 | — | — | Common | Form 4 ↗ |
| Steven Ozonian | Director | 2026-05-29 | A | 24,607 | — | — | Common | Form 4 ↗ |
| Anthony Hsieh | Director | 2026-05-29 | A | 24,607 | — | — | Common | Form 4 ↗ |
| Anthony Hsieh | Director | 2026-05-29 | D | 24,607 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| John Lee | Director | 2026-05-29 | D | 24,607 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Dawn Lepore | Director | 2026-05-29 | D | 24,607 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Dawn Lepore | Director | 2026-06-04 | A | 105,932 | 0 | 0 | Common | Form 4 ↗ |
| Pamela Patenaude | Director | 2026-06-04 | A | 105,932 | 0 | 0 | Common | Form 4 ↗ |
| PCP MANAGERS GP, LLC | Director | 2026-06-04 | A | 211,864 | 0 | 0 | Common, indirect | Form 4 ↗ |
| John Lee | Director | 2026-06-04 | A | 105,932 | 0 | 0 | Common | Form 4 ↗ |
| Steven Ozonian | Director | 2026-06-04 | A | 105,932 | 0 | 0 | Common | Form 4 ↗ |
| Anthony Hsieh | Director | 2026-06-15 | A | 1,000,000 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Joseph J. Grassi III | Chief Legal & Risk Officer | 2026-06-15 | A | 44,247 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| David Hayes | RSU | 2025-03-14 | — | — | 602,190 | — | $831,022 |
| Dominick Marchetti | RSU | 2025-09-15 | — | — | 146,370 | — | 661,592 |
| Frank Martell | RSU | 2025-06-05 | — | — | 59,056 | — | 74,411 |
| David Hayes | PSU | 2025-03-14 | — | 602,189 | — | 1,204,378 | — |
| Anthony Hsieh | RSU | 2025-06-05 | — | — | 98,425 | — | 124,016 |
| Dominick Marchetti | MSU | 2025-09-15 | — | 2,000,000 | — | 2,000,000 | — |
| Anthony Hsieh | MSU | 2025-03-14 | — | 1,500,000 | — | 1,500,000 | — |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| David Hayes | $831,022 | $0 | $0 | 0.0% |
| Dominick Marchetti | 661,592 | 0 | 0 | 0.0% |
| Frank Martell | 74,411 | 0 | 0 | 0.0% |
| Anthony Hsieh | 124,016 | 0 | 0 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Dominick Marchetti | PSU | 1,333,334 | — | $2,760,000 |
| Dominick Marchetti | RSU | 146,370 | — | 302,986 |
| David Hayes | RSU | 133,334 | — | 276,001 |
| Anthony Hsieh | RSU | 49,213 | — | 101,871 |
| Anthony Hsieh | PSU | 1,000,000 | — | 2,070,000 |
| Dominick Marchetti | RSU | 666,666 | — | 1,379,999 |
| David Hayes | RSU | 602,190 | — | 1,246,533 |
| David Hayes | RSU | 602,189 | — | 1,246,531 |
| Anthony Hsieh | RSU | 500,000 | — | 1,035,000 |
| David Hayes | RSU | 234,042 | — | 484,467 |
We provide competitive compensation that allows us to attract and retain strong talent across the range of our workforce. Salaries, target cash compensation, and total rewards are generally positioned at the median of market, with variations driven by key expertise, performance, in-demand skill sets, location, and other related factors. We closely align pay and performance.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-04 | 238,963,889 | 10,549,037 | 125,985 | 95.72% | Passed |
| 2025 | 2025-06-04 | 1,128,623,478 | 9,640,612 | 4,389,909 | 98.77% | Passed |
| 2024 | 2024-06-06 | 1,222,101,554 | 15,580,596 | 99,161 | 98.73% | Passed |
| 2023 | 2023-06-07 | 1,208,359,503 | 10,741,355 | 174,793 | 99.1% | Passed |
| 2022 | 2022-05-18 | 1,397,880,400 | 3,631,410 | 91,914 | 99.73% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-06-04 | 95.72%a |
| 2025 | 2025-06-04 | 98.77%b |
| 2024 | 2024-06-06 | 98.73%c |
a. Approved under the standard stated in the filing — “If you elect to abstain, the abstention will be counted as votes against Proposals 2 and 3.”.
b. Approved under the standard stated in the filing — “If you elect to abstain, the abstention will be counted as votes against Proposals 2, 3 and 4.”.
c. Approved under the standard stated in the filing — “If you elect to abstain, the abstention will be counted as votes against Proposals 2 and 3.”.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Dawn LeporeIndependent · Audit · Compensation (Chair) · Nominating and Corporate Governance | $170,000 | $125,000 | $0 | $0 | $0 | $295,000 |
| Steven OzonianIndependent · Audit (Chair) · Compensation | 150,000 | 125,000 | 0 | 0 | 0 | 275,000 |
| Pamela PatenaudeIndependent · Audit · Nominating and Corporate Governance (Chair) | 140,000 | 125,000 | 0 | 0 | 0 | 265,000 |
| Brian GolsonNot independent | 125,000 | 125,000 | 0 | 0 | 0 | 250,000 |
| John LeeIndependent · Compensation · Nominating and Corporate Governance | 125,000 | 125,000 | 0 | 0 | 0 | 250,000 |
| Andrew DodsonNot independent | 125,000 | 125,000 | 0 | 0 | 0 | 250,000 |
| Frank MartellNot independent · Not standing for re-election · Departed during FY | 0 | 0 | 0 | 0 | 0 | 0 |
| Anthony HsiehEmployee director · Board Chair | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $125,000 |
|---|---|
| Annual equity retainer | $125,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 20,000 / 15,000 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $835,000 |
| Equity awards (grant-date value) | $750,000 |
| All other compensation | $0 |
| Total cost of the board | $1,585,000 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | loanDepot, Inc. | 2025 | Frank Martell | $363,077 | $75,000 | $0 | $0 | $2,518,273 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Dominick Marchetti | DEF 14A | 2026-04-23 | 0001831631-26-000048 | Section “Summary Compensation Table”. As printed: 10,565,450. Filing ↗machine: span 316754–316764 |
| 2 | Section 01, David Hayes | DEF 14A | 2026-04-23 | 0001831631-26-000048 | Section “Summary Compensation Table”. As printed: 2,710,500. Filing ↗machine: span 309965–309974 |
| 3 | Section 01, Frank Martell | DEF 14A | 2026-04-23 | 0001831631-26-000048 | Section “Summary Compensation Table”. As printed: 2,518,273. Filing ↗machine: t73 · r6 · c17 · span 320539–320548 |
| 4 | Section 01, Anthony Hsieh | DEF 14A | 2026-04-23 | 0001831631-26-000048 | Section “Summary Compensation Table”. As printed: 2,082,493. Filing ↗machine: t73 · r2 · c17 · span 306486–306495 |
| 5 | Section 03, David Hayes RSU | DEF 14A | 2026-04-23 | 0001831631-26-000048 | Section “TABLE OF CONTENTS E” · grants of plan-based awards table. Filing ↗machine: t84 · r3 · c1 · span 369721–369728 |
| 6 | Section 03, Dominick Marchetti RSU | DEF 14A | 2026-04-23 | 0001831631-26-000048 | Section “TABLE OF CONTENTS E” · grants of plan-based awards table. Filing ↗machine: t84 · r4 · c1 · span 370657–370664 |
| 7 | Section 03, Frank Martell RSU | DEF 14A | 2026-04-23 | 0001831631-26-000048 | Section “TABLE OF CONTENTS E” · grants of plan-based awards table. Filing ↗machine: t84 · r5 · c1 · span 371648–371654 |
| 8 | Section 03, David Hayes PSU | DEF 14A | 2026-04-23 | 0001831631-26-000048 | Section “TABLE OF CONTENTS E” · grants of plan-based awards table. Filing ↗machine: t84 · r3 · c3 · span 370064–370071 |
| 9 | Section 03, Anthony Hsieh RSU | DEF 14A | 2026-04-23 | 0001831631-26-000048 | Section “TABLE OF CONTENTS D” · grants of plan-based awards table. Filing ↗machine: span 244653–244659 |
| 10 | Section 03, Dominick Marchetti MSU | DEF 14A | 2026-04-23 | 0001831631-26-000048 | Section “TABLE OF CONTENTS E” · grants of plan-based awards table. Filing ↗machine: t84 · r4 · c3 · span 371000–371009 |
| 11 | Section 03, Anthony Hsieh MSU | DEF 14A | 2026-04-23 | 0001831631-26-000048 | Section “TABLE OF CONTENTS E” · grants of plan-based awards table. Filing ↗machine: t84 · r2 · c3 · span 369133–369142 |
| 12 | Section 07, pay ratio | 10-K | 2026-03-12 | 0001831631-26-000028 | Section “CEO Pay Ratio”. As printed: —. Filing ↗ |
| 13 | Section 08, Dawn Lepore | DEF 14A | 2026-04-23 | 0001831631-26-000048 | Section “Director Compensation”. As printed: 295,000. Filing ↗machine: t57 · r5 · c7 · span 256955–256962 |
| 14 | Section 08, Steven Ozonian | DEF 14A | 2026-04-23 | 0001831631-26-000048 | Section “Director Compensation”. As printed: 275,000. Filing ↗machine: t57 · r6 · c7 · span 258568–258575 |
| 15 | Section 08, Pamela Patenaude | DEF 14A | 2026-04-23 | 0001831631-26-000048 | Section “Director Compensation”. As printed: 265,000. Filing ↗machine: t57 · r7 · c7 · span 260426–260433 |
| 16 | Section 08, Brian Golson | DEF 14A | 2026-04-23 | 0001831631-26-000048 | Section “Director Compensation”. As printed: 250,000. Filing ↗machine: t57 · r3 · c7 · span 253738–253745 |
| 17 | Section 08, John Lee | DEF 14A | 2026-04-23 | 0001831631-26-000048 | Section “Director Compensation”. As printed: 250,000. Filing ↗machine: t57 · r4 · c7 · span 255345–255352 |
| 18 | Section 08, Andrew Dodson | DEF 14A | 2026-04-23 | 0001831631-26-000048 | Section “Director Compensation”. As printed: 250,000. Filing ↗machine: t57 · r2 · c7 · span 251943–251950 |
| 19 | Section 08, Frank Martell | DEF 14A | 2026-04-23 | 0001831631-26-000048 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 20 | Section 08, Anthony Hsieh | DEF 14A | 2026-04-23 | 0001831631-26-000048 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 21 | Section 02, Anthony Hsieh 2026-05-06 | Form 4 | 2026-05-08 | 0001655400-26-000003 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 22 | Section 02, Dawn Lepore 2026-05-29 | Form 4 | 2026-06-02 | 0001186015-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 23 | Section 02, Pamela Patenaude 2026-05-29 | Form 4 | 2026-06-02 | 0001815221-26-000003 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 24 | Section 02, Pamela Patenaude 2026-05-29 | Form 4 | 2026-06-02 | 0001815221-26-000003 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 25 | Section 02, PCP MANAGERS GP, LLC 2026-05-29 | Form 4 | 2026-06-02 | 0001831631-26-000063 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 26 | Section 02, Steven Ozonian 2026-05-29 | Form 4 | 2026-06-02 | 0001442082-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 27 | Section 02, PCP MANAGERS GP, LLC 2026-05-29 | Form 4 | 2026-06-02 | 0001831631-26-000063 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 28 | Section 02, John Lee 2026-05-29 | Form 4 | 2026-06-02 | 0001926901-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 29 | Section 02, Steven Ozonian 2026-05-29 | Form 4 | 2026-06-02 | 0001442082-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 30 | Section 02, Anthony Hsieh 2026-05-29 | Form 4 | 2026-06-02 | 0001655400-26-000005 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 31 | Section 02, Anthony Hsieh 2026-05-29 | Form 4 | 2026-06-02 | 0001655400-26-000005 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 32 | Section 02, John Lee 2026-05-29 | Form 4 | 2026-06-02 | 0001926901-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 33 | Section 02, Dawn Lepore 2026-05-29 | Form 4 | 2026-06-02 | 0001186015-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 34 | Section 02, Dawn Lepore 2026-06-04 | Form 4 | 2026-06-08 | 0001831631-26-000075 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 35 | Section 02, Pamela Patenaude 2026-06-04 | Form 4 | 2026-06-08 | 0001831631-26-000069 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 36 | Section 02, PCP MANAGERS GP, LLC 2026-06-04 | Form 4 | 2026-06-08 | 0001831631-26-000067 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 37 | Section 02, John Lee 2026-06-04 | Form 4 | 2026-06-08 | 0001831631-26-000073 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 38 | Section 02, Steven Ozonian 2026-06-04 | Form 4 | 2026-06-08 | 0001831631-26-000071 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 39 | Section 02, Anthony Hsieh 2026-06-15 | Form 4 | 2026-06-16 | 0001831631-26-000079 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 40 | Section 02, Joseph J. Grassi III 2026-06-15 | Form 4 | 2026-06-16 | 0001831631-26-000077 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 41 | Section 06, 2026 vote | Form 8-K | 2026-06-08 | 0001831631-26-000065 | Item 5.07 · say-on-pay result. As reported: 95.72% (votes for as printed: 238,963,889). Filing ↗ |
| 42 | Section 06, 2025 vote | Form 8-K | 2025-06-09 | 0001831631-25-000114 | Item 5.07 · say-on-pay result. As reported: 98.77% (votes for as printed: 1,128,623,478). Filing ↗ |
| 43 | Section 06, 2024 vote | Form 8-K | 2024-06-11 | 0001831631-24-000154 | Item 5.07 · say-on-pay result. As reported: 98.73% (votes for as printed: 1,222,101,554). Filing ↗ |
| 44 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 45 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 46 | Section 09b board cost (computed) | Computed | — | computed | Cash 835,000 + equity 750,000 + all other 0 = 1,585,000, summed across the director compensation table rows.machine: formula: Σ = 1,585,000 |
| 47 | loanDepot, Inc. (subject), Section 10b CEO total | DEF 14A | 2026-04-23 | 0001831631-26-000048 | CEO total compensation as printed in loanDepot, Inc.'s own proxy. As printed: 2,518,273. Filing ↗machine: t73 · r6 · c17 · span 320539–320548 |