LendingClub (NYSE: LC) grants director 13,715 RSUs vesting over one year

Rhea-AI Filing Summary

LendingClub Corp director Timothy J. Mayopoulos reported receiving an equity grant of 13,715 Restricted Stock Units (RSUs) of common stock at a stated price of $0.00 per share, reflecting a compensation award rather than an open‑market purchase.

The footnote explains this is the annual non‑employee director equity award under the LendingClub Corporation 2014 Equity Incentive Plan. Each RSU converts into one share of common stock upon vesting. The RSUs will vest quarterly over a one‑year period beginning on June 2, 2026, subject to continued board service through each vesting date. A separate holding entry shows 176,189 shares of common stock reported as directly owned after the transactions.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Mayopoulos Timothy J

Role null

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

Holdings After Transaction: Common Stock — 13,715 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 13,715 RSUs Grant price: $0.00 per share Vesting start date: June 2, 2026 +1 more

4 metrics

RSUs granted 13,715 RSUs Annual non-employee director equity award

Grant price $0.00 per share Reported transaction price for RSU award

Vesting start date June 2, 2026 Quarterly vesting over one-year period

Shares directly owned 176,189 shares Common stock reported following transactions

Key Terms

Restricted Stock Units ("RSUs"), 2014 Equity Incentive Plan, annual non-employee director equity award

3 terms

Restricted Stock Units ("RSUs") financial

"Represents the annual non-employee director equity award of Restricted Stock Units ("RSUs") made under the LendingClub Corporation 2014 Equity Incentive Plan."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

2014 Equity Incentive Plan financial

"RSUs made under the LendingClub Corporation 2014 Equity Incentive Plan."

annual non-employee director equity award financial

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

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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^*

Mayopoulos Timothy J

(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								176,189	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)

FAQ

What insider transaction did LendingClub (LC) report for Timothy J. Mayopoulos?

LendingClub reported that director Timothy J. Mayopoulos received an equity grant of 13,715 Restricted Stock Units (RSUs). The award represents non-cash director compensation under the company’s 2014 Equity Incentive Plan, not an open-market stock purchase or sale.

How many LendingClub RSUs were granted to the director in this Form 4?

The Form 4 shows a grant of 13,715 RSUs of LendingClub common stock. Each RSU represents a contingent right to receive one share of common stock, subject to the vesting schedule and continued service conditions described in the filing’s footnote.

What is the vesting schedule for the 13,715 LendingClub RSUs?

The 13,715 RSUs will vest quarterly over one year beginning on June 2, 2026. Vesting is conditioned on Timothy J. Mayopoulos continuing to serve through each vesting date, aligning the award with ongoing board service at LendingClub.

What price per share is associated with the LendingClub RSU grant?

The RSU grant to Timothy J. Mayopoulos is reported at a transaction price of $0.00 per share. This reflects that the award is stock-based compensation under an equity incentive plan, not a cash-funded open-market purchase of LendingClub shares.

How many LendingClub shares does the director report holding after these transactions?

A holding line in the Form 4 lists 176,189 shares of LendingClub common stock as directly owned following the reported transactions. This figure provides context for the director’s overall equity position alongside the new 13,715-unit RSU award.