LendingClub director receives 13,715-share RSU grant

LANDON ALLAN R reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

LANDON ALLAN R reported acquisition or exercise transactions in this Form 4 filing.

LendingClub Corp director Allan R. Landon received an annual non-employee director equity award of 13,715 Restricted Stock Units (RSUs) on common stock. Each RSU represents the right to receive one LendingClub share upon vesting.

The RSUs will vest quarterly over a one-year period beginning on June 2, 2026, conditioned on his continued service through each vesting date. A separate holding entry shows 145,327 shares of common stock held directly after the reported transactions.

Insider Trade Summary

Grant/Award: 13,715 shares

Grant/Award 2 txns

Insider LANDON ALLAN R

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	13,715	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 159,042 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

RSU grant size: 13,715 RSUs Grant price per RSU: $0.0000 per share Vesting period: One year, quarterly +1 more

4 metrics

RSU grant size 13,715 RSUs Annual non-employee director equity award

Grant price per RSU $0.0000 per share Compensation grant, not open-market purchase

Vesting period One year, quarterly Beginning on June 2, 2026

Common shares held 145,327 shares Direct holdings after reported transactions

Key Terms

Restricted Stock Units, Equity Incentive Plan, non-employee director, vesting

4 terms

Restricted Stock Units financial

"Represents the annual non-employee director equity award of Restricted Stock Units ("RSUs")"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Equity Incentive Plan financial

"made under the LendingClub Corporation 2014 Equity Incentive Plan"

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

non-employee director financial

"Represents the annual non-employee director equity award of Restricted Stock Units"

vesting financial

"The RSUs will vest quarterly over a one-year period beginning on June 2, 2026"

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.

FAQ

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

What insider transaction did LendingClub (LC) report for Allan R. Landon?

LendingClub reported that director Allan R. Landon received an annual equity grant of 13,715 Restricted Stock Units. Each RSU corresponds to one share of common stock, awarded as compensation rather than an open-market purchase or sale.

How many RSUs did the LendingClub director receive in this Form 4 filing?

Allan R. Landon received 13,715 Restricted Stock Units from LendingClub. These RSUs are part of the company’s annual non-employee director equity award under the 2014 Equity Incentive Plan, rather than a cash transaction in the open market.

What is the vesting schedule for Allan R. Landon’s 13,715 LendingClub RSUs?

The 13,715 RSUs will vest quarterly over a one-year period beginning on June 2, 2026. Each quarterly vesting date requires that Allan R. Landon continue serving as a director through that specific vesting date to receive the underlying shares.

Does the RSU grant to Allan R. Landon involve a purchase price for LendingClub shares?

The RSU grant carries a stated price of $0.0000 per share, reflecting a compensation award rather than a market purchase. Shares are delivered as the RSUs vest, providing stock-based compensation instead of requiring Landon to pay cash for the shares.

How many LendingClub common shares does Allan R. Landon hold according to this Form 4?

A holding entry in the Form 4 shows Allan R. Landon with 145,327 shares of LendingClub common stock held directly. This figure reflects his reported direct ownership after the transactions described in the filing, separate from the new RSU grant.

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

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Accepted by SEC EDGAR 06/04/2026 - 05:24 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).

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^*

LANDON ALLAN R

(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)

X	Director		10% 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)

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	06/02/2026		A		13,715(1)	A	$0	13,715	D
Common Stock								145,327	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 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-fact	06/04/2026
	** 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)