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CFO Andrew LaBenne gifts 5,000 LendingClub (LC) shares in Form 4

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

Rhea-AI Filing Summary

LendingClub Corp Chief Financial Officer Andrew LaBenne reported making bona fide gifts of common stock. On February 17, 2026, he transferred a total of 5,000 shares, including gifts made under the Uniform Transfers to Minors Act for his children. These are reported as dispositions but are explicitly described as gifts rather than sales. After these transactions, he directly held 227,521 shares of common stock and indirectly held 12,000 shares in UTMA accounts for his children.

Positive

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Insider LaBenne Andrew
Role Chief Financial Officer
Type Security Shares Price Value
Gift Common Stock 2,000 $0.00 --
Gift Common Stock 1,000 $0.00 --
Gift Common Stock 2,000 $0.00 --
Holdings After Transaction: Common Stock — 228,521 shares (Direct); Common Stock — 12,000 shares (Indirect, UTMAs for Children)
Footnotes (1)
  1. Does not represent a sale of shares. Represents two separate transfers of 1,000 shares of Issuer's Common Stock under the Uniform Transfer to Minors Act ("UTMA") for two children of the Reporting Person. Does not represent a sale of shares. Represents the transfer of 1,000 shares by the Reporting Person of Issuer common stock by bona fide gift. Aggregates 6,000 shares of Issuer's common stock held in each of two UTMA accounts for children of the Reporting Person.
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Form 4 Insider Transactions: What Each Field Means →
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).
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*
LaBenne Andrew
(Last) (First) (Middle)
C/O LENDINGCLUB CORPORATION
595 MARKET ST. #200
(Street)
SAN FRANCISCO CA 94105
(City) (State) (Zip)
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)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/17/2026 G 2,000(1) D $0 228,521 D
Common Stock 02/17/2026 G 1,000(2) D $0 227,521 D
Common Stock 02/17/2026 G 2,000 A $0 12,000(3) I UTMAs for Children
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. Does not represent a sale of shares. Represents two separate transfers of 1,000 shares of Issuer's Common Stock under the Uniform Transfer to Minors Act ("UTMA") for two children of the Reporting Person.
2. Does not represent a sale of shares. Represents the transfer of 1,000 shares by the Reporting Person of Issuer common stock by bona fide gift.
3. Aggregates 6,000 shares of Issuer's common stock held in each of two UTMA accounts for children of the Reporting Person.
/s/ Bhavit Sheth, attorney-in-fact 02/19/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did LendingClub (LC) CFO Andrew LaBenne report in this Form 4?

Andrew LaBenne reported bona fide gifts of LendingClub common stock totaling 5,000 shares on February 17, 2026. The filing classifies these as dispositions but footnotes clarify they are gifts, not sales, including transfers for his children.

Were the LendingClub (LC) Form 4 transactions sales of shares?

The transactions were not sales. Footnotes state they are bona fide gifts of LendingClub common stock, including transfers under the Uniform Transfers to Minors Act for two children of the reporting person, rather than open-market or negotiated sales.

How many LendingClub (LC) shares did the CFO gift in this Form 4?

The CFO reported gifting a total of 5,000 shares of LendingClub common stock across three Form 4 transactions. Individual entries show gifts of 2,000 shares, 1,000 shares, and 2,000 shares, all coded as bona fide gifts of non-derivative common stock.

How many LendingClub (LC) shares does the CFO hold after these gifts?

After the reported gifts, Andrew LaBenne directly holds 227,521 LendingClub common shares and indirectly holds 12,000 shares. The indirect holdings are in UTMA accounts for his children, as disclosed in the filing and related footnotes.

What is the nature of the indirect LendingClub (LC) holdings in this Form 4?

The indirect holdings consist of 12,000 shares of LendingClub common stock held in UTMA accounts for the reporting person’s children. The filing describes these as accounts under the Uniform Transfers to Minors Act with LaBenne reporting them as indirect ownership.

What transaction code is used in the LendingClub (LC) Form 4 and what does it mean?

All transactions use code G, which the filing describes as a bona fide gift. This means the reported dispositions are share transfers made as gifts, not sales for consideration, consistent with the zero transaction price per share reported.