LendingClub SVP sells 60,000 shares under plan

LendingClub Corp senior vice president and corporate controller Fergal Stack reported an open-market sale of 60,000 shares of Common Stock.

Rhea-AI Filing Summary

LendingClub Corp senior vice president and corporate controller Fergal Stack reported an open-market sale of 60,000 shares of Common Stock. The shares were sold on June 16, 2026 at a weighted-average price of $19.0038 per share in multiple trades between $19.00 and $19.02. After the sale, Stack directly holds 204,977 LendingClub shares. The filing notes that this transaction was carried out under a pre-arranged Rule 10b5-1 trading plan, indicating it was scheduled in advance.

Insider Trade Summary 10b5-1

Net Seller: 60,000 shares

Net Sell 1 txn

Insider Stack Fergal

Role SVP, Corporate Controller

Sold 60,000 shs ($1.14M)

Type	Security	Shares	Price	Value
Sale	Common Stock	60,000	$19.0038	$1.14M

Holdings After Transaction: Common Stock — 204,977 shares (Direct)

Footnotes (2)

1. F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan.
2. F2. This transaction was executed in multiple trades during the date at prices ranging from $19.00 to $19.02. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.

Key Figures

Shares sold: 60,000 shares Weighted-average sale price: $19.0038 per share Post-transaction holdings: 204,977 shares +2 more

5 metrics

Shares sold 60,000 shares Open-market sale on June 16, 2026

Weighted-average sale price $19.0038 per share Common Stock sale on June 16, 2026

Post-transaction holdings 204,977 shares Direct ownership after sale

Sale price range $19.00–$19.02 per share Multiple trades during the transaction date

Net shares sold 60,000 shares Net-sell direction per transaction summary

Key Terms

Rule 10b5-1 trading plan, weighted-average price, open-market sale, Common Stock

4 terms

Rule 10b5-1 trading plan regulatory

"This transaction was effected pursuant to a Rule 10b5-1 trading plan."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted-average price financial

"The weighted-average price is reported above."

Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

""security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did LendingClub (LC) report for Fergal Stack?

LendingClub reported that Fergal Stack, SVP and corporate controller, sold 60,000 shares of Common Stock. The sale was an open-market transaction executed under a pre-arranged Rule 10b5-1 trading plan, as disclosed in the Form 4 filing.

How many LendingClub (LC) shares did Fergal Stack sell and at what price?

Fergal Stack sold 60,000 LendingClub Common Stock shares at a weighted-average price of $19.0038. The trades occurred in multiple executions during the day, within a price range from $19.00 to $19.02 per share, according to the Form 4 disclosure.

How many LendingClub (LC) shares does Fergal Stack hold after this sale?

After the reported sale, Fergal Stack directly holds 204,977 shares of LendingClub Common Stock. This post-transaction holding amount is stated in the Form 4 and reflects his remaining direct ownership following the 60,000-share open-market sale.

Was Fergal Stack’s LendingClub (LC) share sale pre-planned under Rule 10b5-1?

Yes. The filing states the transaction was effected pursuant to a Rule 10b5-1 trading plan. Such plans allow insiders to schedule trades in advance, helping separate routine portfolio management from discretionary trading based on short-term information.

What trading range applied to Fergal Stack’s LendingClub (LC) share sale?

The 60,000 LendingClub shares were sold in multiple trades between $19.00 and $19.02 per share. The Form 4 reports a weighted-average sale price of $19.0038 and notes the insider will provide detailed trade data to regulators or shareholders upon request.

What does the Form 4 transaction code ‘S’ mean for LendingClub (LC)?

In this LendingClub Form 4, the transaction code “S” indicates an open-market sale. It confirms that Fergal Stack disposed of 60,000 Common Stock shares through market trades, rather than via grants, option exercises, gifts, or tax-withholding events.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 06/18/2026 - 05:58 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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).

X

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^*

Stack Fergal

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Corporate Controller

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/16/2026		S(1)		60,000	D	$19.0038(2)	204,977	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan.

2. This transaction was executed in multiple trades during the date at prices ranging from $19.00 to $19.02. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.

	/s/ Bhavit Sheth, attorney-in-fact	06/18/2026
	** Signature of Reporting Person	Date
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)