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Erin Selleck files to sell 41,603 LendingClub shares (NYSE: LC)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

LendingClub Corporation disclosed a Form 144 notice indicating an insider transaction to sell shares. The filing lists 41,603 shares in the securities-to-be-sold section tied to a restricted stock lapse dated 06/03/2026. It also shows 36,949 shares sold during the prior three months by an individual named Erin Selleck. Shares outstanding are listed as 115,350,925 as of 06/05/2026.

Positive

  • None.

Negative

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Insights

Form 144 filed reporting a proposed sale after restricted stock lapse.

The filing lists a proposed sale of 41,603 shares tied to a restricted stock lapse on 06/03/2026. It also records 36,949 shares sold in the prior three months by Erin Selleck; these are presented as prior dispositions.

Timing and method of sale are not detailed here; subsequent filings or broker reports would show actual execution. Cash‑flow treatment is not specified in the provided excerpt.

Proposed sale 41,603 shares Securities To Be Sold, restricted stock lapse dated 06/03/2026
Prior disposals 36,949 shares Securities sold during the past 3 months by Erin Selleck
Shares outstanding 115,350,925 listed as of 06/05/2026
Form 144 regulatory
"Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Lapse financial
"Restricted Stock Lapse | 06/03/2026"
Equity Compensation financial
"06/03/2026 | Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does LendingClub's Form 144 disclose?

The filing reports a proposed sale of 41,603 shares related to a restricted stock lapse dated 06/03/2026. It also notes 36,949 shares were sold in the prior three months by Erin Selleck.

Who is the reported seller in the Form 144 for LC?

The excerpt identifies Erin Selleck in prior dispositions and lists the proposed sale tied to a restricted stock lapse. The filing associates brokerage details with Charles Schwab & Co., Inc.

How many LendingClub shares were sold in the prior three months?

The filing shows 36,949 shares sold during the past three months by Erin Selleck. The entry is presented under the "Securities Sold During The Past 3 Months" section.

What is LendingClub's shares outstanding figure in the filing?

The excerpt lists 115,350,925 shares outstanding as of 06/05/2026. This figure appears on the filer/securities information line in the provided content.