LendingClub (NYSE: LC) Chief Risk Officer logs PBRSU vesting and share sale

Rhea-AI Filing Summary

LendingClub Corporation’s Chief Risk Officer Annie Armstrong reported several equity transactions in company common stock on January 16, 2026. She acquired 50,641 shares at $0 when performance-based restricted stock units granted on March 12, 2023 vested after the compensation committee certified achievement of performance criteria. To cover tax withholding on this vesting, 27,473 shares were withheld by the company at $20.36 per share, which is not described as a sale of shares. In addition, 6,666 shares were sold at $20.38 per share in a transaction effected under a Rule 10b5-1 trading plan. After these transactions, Armstrong directly held 383,528 shares of LendingClub common stock.

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^*

ARMSTRONG ANNIE

(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 Risk Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/16/2026

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	01/16/2026		A		50,641(1)	A	$0	417,667	D
Common Stock	01/16/2026		F		27,473(2)	D	$20.36	390,194	D
Common Stock	01/16/2026		S(3)		6,666	D	$20.38	383,528	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. Represents fully-vested shares of Common Stock of the Issuer acquired by the Reporting Person upon the certification by the Compensation Committee of the Issuer's Board of Directors of achievement of the performance criteria underlying an award of performance-based restricted stock units ("PBRSUs") granted to the Reporting Person on March 12, 2023, under the Issuer's 2014 Equity Incentive Plan.

2. Does not represent a sale of shares. Represents the number of shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting of PBRSUs.

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

	/s/ Bhavit Sheth, attorney-in-fact	01/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider activity did LendingClub (LC) report for Annie Armstrong?

Annie Armstrong, LendingClub’s Chief Risk Officer, reported the vesting of performance-based restricted stock units into 50,641 common shares, tax withholding of 27,473 shares, and a sale of 6,666 shares on January 16, 2026.

How many LendingClub (LC) shares does Annie Armstrong own after these transactions?

Following the reported transactions on January 16, 2026, Annie Armstrong directly beneficially owned 383,528 shares of LendingClub common stock.

Were the newly acquired LendingClub (LC) shares from a bonus or stock plan?

The 50,641 shares acquired by Annie Armstrong represent fully vested common stock from performance-based restricted stock units granted on March 12, 2023 under LendingClub’s 2014 Equity Incentive Plan, after performance criteria were certified as achieved.

Did Annie Armstrong’s Form 4 include a discretionary sale of LendingClub (LC) shares?

The Form 4 shows a sale of 6,666 shares of LendingClub common stock at $20.38 per share, and this sale was effected under a Rule 10b5-1 trading plan.

Does the Form 4 show any LendingClub (LC) shares sold for taxes by Annie Armstrong?

The filing states that 27,473 shares did not represent a sale but were withheld by LendingClub to satisfy tax withholding obligations related to the vesting of performance-based restricted stock units.

What is the role of Annie Armstrong at LendingClub (LC) in this insider filing?

In this insider transaction report, Annie Armstrong is identified as an officer of LendingClub, serving as the company’s Chief Risk Officer.