LendingClub director awarded 13,715 RSUs
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.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,715 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (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
Key Terms
Restricted Stock Units ("RSUs") financial
2014 Equity Incentive Plan financial
annual non-employee director equity award financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LendingClub (LC) report for Timothy J. Mayopoulos?
How many LendingClub RSUs were granted to the director in this Form 4?
What is the vesting schedule for the 13,715 LendingClub RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.