STOCK TITAN

LendingClub Corp (LC) director receives 13,715 RSUs as annual equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Reimann Kathryn reported acquisition or exercise transactions in this Form 4 filing.

LendingClub Corp director Kathryn Reimann reported a new equity grant and her current share holdings. The filing shows an annual non-employee director award of 13,715 Restricted Stock Units granted at no cash cost under the 2014 Equity Incentive Plan. Each RSU represents the right to receive one share of common stock and will vest quarterly over a one-year period beginning on June 2, 2026, contingent on continued board service. A separate holding entry reports 85,263 shares of common stock held directly as of the transaction date, providing context for her existing ownership position.

Positive

  • None.

Negative

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Insider Reimann Kathryn
Role null
Type Security Shares Price Value
Grant/Award Common Stock 13,715 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 13,715 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 13,715 RSUs Annual non-employee director equity award
Grant price $0.00 per RSU Stock-based compensation, not open-market purchase
Common shares held 85,263 shares Direct holdings as of transaction date
Restricted Stock Units ("RSUs") financial
"Represents the annual non-employee director equity award of Restricted Stock Units ("RSUs") made under the LendingClub Corporation 2014 Equity Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2014 Equity Incentive Plan financial
"made under the LendingClub Corporation 2014 Equity Incentive Plan."
vesting financial
"The RSUs will vest quarterly over a one-year period beginning on June 2, 2026, subject to continued service through each vesting date."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Reimann Kathryn

(Last)(First)(Middle)
C/O LENDINGCLUB CORPORATION
88 KEARNY ST., SUITE 600

(Street)
SAN FRANCISCO CALIFORNIA 94108

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LendingClub Corp [ LC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/02/2026A13,715(1)A$013,715D
Common Stock85,263D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the annual non-employee director equity award of Restricted Stock Units ("RSUs") made under the LendingClub Corporation 2014 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. The RSUs will vest quarterly over a one-year period beginning on June 2, 2026, subject to continued service through each vesting date.
/s/ Bhavit Sheth, attorney-in-fact06/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did LendingClub Corp (LC) report for Kathryn Reimann?

LendingClub Corp reported that director Kathryn Reimann received an annual non-employee director equity award of 13,715 Restricted Stock Units. The grant is compensation under the 2014 Equity Incentive Plan and does not involve a cash purchase of shares on the open market.

How many RSUs did LendingClub director Kathryn Reimann receive in this Form 4?

Kathryn Reimann received 13,715 Restricted Stock Units as her annual non-employee director equity award. Each RSU can convert into one share of LendingClub common stock upon vesting, aligning her compensation with shareholder interests over time as the RSUs settle.

What is the vesting schedule for Kathryn Reimann’s LendingClub RSU grant?

The 13,715 RSUs granted to Kathryn Reimann will vest quarterly over a one-year period beginning on June 2, 2026. Vesting is subject to her continued service as a director through each vesting date, gradually delivering shares rather than all at once.

Did Kathryn Reimann buy or sell LendingClub (LC) shares in this filing?

The filing shows an acquisition via an equity grant, not a market trade. Kathryn Reimann received 13,715 RSUs at a price of $0.00 per unit, reflecting stock-based compensation rather than an open-market purchase or sale of LendingClub shares.

How many LendingClub shares does Kathryn Reimann hold after the reported transactions?

A holding entry in the Form 4 reports that Kathryn Reimann directly holds 85,263 shares of LendingClub common stock. Separately, she has been granted 13,715 RSUs that may convert into additional shares as they vest under the disclosed quarterly schedule.

What plan governs Kathryn Reimann’s new RSU award from LendingClub Corp?

The RSU award to Kathryn Reimann was made under the LendingClub Corporation 2014 Equity Incentive Plan. This plan provides stock-based compensation to eligible participants, and the RSUs convert into common shares upon vesting, subject to continued service requirements.