[144] LendingClub Corporation SEC Filing

Rhea-AI Filing Summary

LendingClub Corporation (LC) filed a Form 144 notice reporting a proposed sale of 26,664 common shares through Charles Schwab & Co., Inc. on 08/28/2025 on the NYSE with an aggregate market value of $450,888.00. The filing shows the shares were acquired as equity compensation: 5,466 shares from a restricted stock lapse on 02/25/2022 and 21,198 shares from RSU/PSU vesting on 08/25/2022. The notice reports 114,740,147 shares outstanding for the issuer. No sales by the reporting person in the past three months are listed, and the filing includes the standard representation that the seller has no undisclosed material nonpublic information.

Positive

• Clear compliance with Rule 144 reporting requirements via a LIVE Form 144 filing
• Specific transaction details disclosed: broker (Charles Schwab), sale date (08/28/2025), quantity (26,664) and aggregate value ($450,888.00)
• Acquisition provenance provided: 5,466 shares from a restricted stock lapse (02/25/2022) and 21,198 shares from RSU/PSU vesting (08/25/2022)
• Seller's certification that they are not aware of undisclosed material adverse information

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine Form 144 disclosure of an insider sale; provides specific share counts, acquisition dates, broker and expected sale date.

The filing is a standard compliance notice documenting a proposed sale of 26,664 common shares via Charles Schwab on 08/28/2025. Acquisition details indicate the shares stem from equity compensation events in 2022 (restricted stock lapse and RSU/PSU vesting). The filing states the issuer's total shares outstanding as 114,740,147 and lists an aggregate market value of $450,888.00 for the proposed sale. From a trading-impact perspective, the notice supplies necessary transparency but does not by itself disclose any material operational or financial developments for the company.

Corporate Governance Expert

TL;DR: Disclosure meets Rule 144 requirements; documents insider's representation regarding material nonpublic information.

The form includes the seller's certification that they are unaware of undisclosed material adverse information and notes the source of the securities as equity compensation. It specifies the broker, sale date, and amounts acquired on 02/25/2022 and 08/25/2022. As a governance disclosure, this is routine and helps ensure market transparency about insider liquidity, but the document contains no indication of related-party transactions or unusual governance actions.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	26664	450888.00	114740147	08/28/2025	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/25/2022	Restricted Stock Lapse	LendingClub Corp			5466	02/25/2022	Equity Compensation
Common	08/25/2022	RSU / PSU	LendingClub Corp			21198	08/25/2022	Equity Compensation

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does LendingClub's (LC) Form 144 report?

The filing reports a proposed sale of 26,664 common shares through Charles Schwab on 08/28/2025 with an aggregate market value of $450,888.00.

How were the shares being sold by the LC filer acquired?

The shares were acquired as equity compensation: 5,466 from a restricted stock lapse on 02/25/2022 and 21,198 from RSU/PSU vesting on 08/25/2022.

Which broker is handling the proposed sale in the Form 144?

The filing lists Charles Schwab & Co., Inc. (3000 Schwab Way Westlake TX 76262) as the broker.

Does the filing indicate recent sales by the reporting person?

No; the section for securities sold during the past three months states Nothing to Report.

What is the issuer's reported number of outstanding shares?

The filing reports 114,740,147 shares outstanding for the issuer.