Rule 10b5-1 sale by LendingClub (LC) Chief Risk Officer reported

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

LendingClub Corp Chief Risk Officer Annie Armstrong reported an open-market sale of company stock. On February 17, 2026, she sold 5,333 shares of LendingClub common stock at an average price of $15.47 per share under a pre-established Rule 10b5-1 trading plan.

After this transaction, Armstrong directly owned 378,195 shares of LendingClub common stock. The Rule 10b5-1 plan indicates the sale followed a preset schedule rather than being a discretionary trade made at that specific time.

Insider Trade Summary

Net Seller: 5,333 shares ($82,502)

Net Sell 1 txn

Insider ARMSTRONG ANNIE

Role Chief Risk Officer

Sold 5,333 shs ($83K)

Type	Security	Shares	Price	Value
Sale	Common Stock	5,333	$15.47	$83K

Holdings After Transaction: Common Stock — 378,195 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/19/2026 - 06:11 PM

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^*

ARMSTRONG ANNIE

(Last)

(First)

(Middle)

C/O LENDINGCLUB CORPORATION

595 MARKET ST., #200

(Street)

SAN FRANCISCO

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 Risk 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/17/2026		S⁽¹⁾		5,333	D	$15.47	378,195	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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

	/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) Chief Risk Officer Annie Armstrong report on this Form 4?

Annie Armstrong reported selling 5,333 shares of LendingClub common stock in an open-market transaction at an average price of $15.47 per share. The trade was executed under a pre-arranged Rule 10b5-1 trading plan and left her with 378,195 shares owned directly.

How many LendingClub (LC) shares did Annie Armstrong sell and at what price?

Annie Armstrong sold 5,333 shares of LendingClub common stock at an average price of $15.47 per share. This was a single reported non-derivative transaction classified as an open-market or private sale under transaction code “S” on the Form 4 filing.

How many LendingClub (LC) shares does Annie Armstrong own after this reported sale?

After the reported sale, Annie Armstrong directly owned 378,195 shares of LendingClub common stock. This post-transaction holding reflects her remaining direct ownership following the 5,333-share open-market sale disclosed in the Form 4 insider trading report.

Was the LendingClub (LC) insider sale by Annie Armstrong under a Rule 10b5-1 plan?

Yes. The Form 4 footnote states the transaction was effected pursuant to a Rule 10b5-1 trading plan. Such plans allow insiders to pre-schedule trades, helping separate personal trading decisions from the timing of material nonpublic information.

What role does Annie Armstrong hold at LendingClub (LC) in this Form 4 filing?

Annie Armstrong is identified as an officer of LendingClub Corp, serving as Chief Risk Officer. Her status as a reporting person means her trades in LendingClub common stock must be disclosed on Form 4, providing transparency into insider equity transactions.