LendingClub (NYSE: LC) insider files Form 144 to sell 25,330 shares
Rhea-AI Filing Summary
LendingClub Corp insider Annie Armstrong filed a Form 144 notice to sell 25,330 shares of common stock through Charles Schwab on or about 12/11/2025, with an aggregate market value of $506,600. These shares are part of 115,301,440 LendingClub shares outstanding.
The planned sale relates to equity compensation awards, including 9,661 shares from a restricted stock lapse on 11/25/2024 and 15,669 shares from RSU/PSU awards dated 05/25/2021. Over the past three months, Armstrong has already sold 5,333 shares on each of 09/17/2025, 10/17/2025, and 11/17/2025, for gross proceeds of $91,674, $82,733, and $91,194, respectively.
Positive
- None.
Negative
- None.
FAQ
What does the LendingClub (LC) Form 144 filed by Annie Armstrong disclose?
The Form 144 shows that Annie Armstrong, an insider of LendingClub Corp, has given notice of her intent to sell 25,330 shares of LendingClub common stock through Charles Schwab, with an approximate sale date of 12/11/2025.
How many LendingClub (LC) shares does Annie Armstrong plan to sell and what is their value?
Armstrong plans to sell 25,330 shares of LendingClub common stock with an aggregate market value of $506,600, as disclosed in the Form 144.
How many LendingClub (LC) shares are outstanding compared with this planned sale?
The notice states that 115,301,440 shares of LendingClub common stock were outstanding, compared with Armstrong’s planned sale of 25,330 shares.
What is the source of the LendingClub (LC) shares Annie Armstrong plans to sell?
The shares come from equity compensation, including 9,661 shares acquired via a restricted stock lapse on 11/25/2024 and 15,669 shares from RSU/PSU awards dated 05/25/2021, both from LendingClub Corp.
What LendingClub (LC) stock sales has Annie Armstrong made in the past three months?
Over the past three months, Armstrong sold 5,333 shares of LendingClub stock on each of 09/17/2025, 10/17/2025, and 11/17/2025, for gross proceeds of $91,674, $82,733, and $91,194, respectively.
Through which broker and exchange are the planned LendingClub (LC) share sales to occur?
The Form 144 indicates the broker as Charles Schwab & Co., Inc., with the shares of LendingClub common stock to be sold on the NYSE.