[Form 4] LendingClub Corp Insider Trading Activity
Rhea-AI Filing Summary
LendingClub Corporation reported an insider equity transaction by its SVP, Corporate Controller. On 11/25/2025, restricted stock units (RSUs) converted into common stock in three tranches of 5,646, 3,117, and 1,907 shares, each at an exercise price of $0, reflecting previously granted RSUs that vested. In connection with this vesting, 4,304 shares of common stock were withheld at $16.8 per share to satisfy tax withholding obligations rather than being sold in the market. Following these transactions, the reporting person directly beneficially owned 255,200 shares of LendingClub common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) | 5,646 | $0.00 | -- |
| Exercise | Restricted Stock Unit (RSU) | 3,117 | $0.00 | -- |
| Exercise | Restricted Stock Unit (RSU) | 1,907 | $0.00 | -- |
| Exercise | Common Stock | 5,646 | $0.00 | -- |
| Exercise | Common Stock | 3,117 | $0.00 | -- |
| Exercise | Common Stock | 1,907 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,304 | $16.80 | $72K |
Footnotes (1)
- Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. 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 RSUs. The RSUs vested as to 8.33% of the total shares on May 25, 2023, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date. Not applicable. The RSUs vested as to 8.33% of the total shares on May 25, 2024, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date. The RSUs vested as to 8.33% of the total shares on May 25, 2025, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.