LendingClub (LC) director receives 13,715 RSU equity award vesting over one year

Rhea-AI Filing Summary

Ahmad Syed Faiz reported acquisition or exercise transactions in this Form 4 filing.

LendingClub Corp director Ahmad Syed Faiz received an equity grant of 13,715 Restricted Stock Units (RSUs) of common stock. The award, granted under the LendingClub Corporation 2014 Equity Incentive Plan, carries a grant price of $0.00 per share as it is compensation, not a market purchase.

The footnote explains that each RSU represents the right to receive one share of common stock upon vesting. The RSUs will vest quarterly over a one-year period beginning on June 2, 2026, subject to Mr. Faiz’s continued service through each vesting date. A separate entry in the filing shows 85,263 shares of common stock held directly as an existing position.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Ahmad Syed Faiz

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

RSU grant: 13,715 RSUs Grant price per RSU: $0.00 per share Existing common stock holdings: 85,263 shares +1 more

4 metrics

RSU grant 13,715 RSUs Annual non-employee director equity award on June 2, 2026

Grant price per RSU $0.00 per share Compensation grant, not open-market purchase

Existing common stock holdings 85,263 shares Common Stock directly held following holding entry

Vesting period One year, quarterly RSUs vest quarterly over a one-year period from June 2, 2026

Key Terms

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

4 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."

non-employee director equity award financial

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

vesting financial

"The RSUs will vest quarterly over a one-year period beginning on June 2, 2026, subject to continued service through each vesting date."

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.

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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^*

Ahmad Syed Faiz

(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								85,263	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 did LendingClub (LC) director Ahmad Syed Faiz report in this Form 4?

Director Ahmad Syed Faiz reported receiving 13,715 Restricted Stock Units (RSUs) of LendingClub common stock as an annual non-employee director equity award. The RSUs were granted as compensation under the company’s 2014 Equity Incentive Plan, not through an open-market stock purchase.

How many LendingClub (LC) RSUs were granted to Ahmad Syed Faiz and at what price?

He was granted 13,715 RSUs of LendingClub common stock at a stated price of $0.00 per share. This reflects a compensation grant rather than a cash purchase, with each RSU convertible into one share of common stock upon vesting according to the plan terms.

What is the vesting schedule for Ahmad Syed Faiz’s 13,715 LendingClub (LC) RSUs?

The 13,715 RSUs will vest quarterly over a one-year period beginning on June 2, 2026. Vesting is explicitly conditioned on Mr. Faiz’s continued service through each vesting date, meaning unvested RSUs could be forfeited if service ends earlier.

Under which plan were the LendingClub (LC) RSUs to Ahmad Syed Faiz granted?

The RSUs were granted under the LendingClub Corporation 2014 Equity Incentive Plan. This plan provides equity-based awards, including RSUs, as part of non-employee director compensation, aligning director interests with shareholders through share-based incentives instead of cash-only payments.

Does this Form 4 show Ahmad Syed Faiz buying or selling LendingClub (LC) shares on the market?

The filing does not show any open-market buys or sells; it reports a grant of 13,715 RSUs as compensation. A separate holding entry lists 85,263 shares of common stock as directly held, but no sale or purchase transactions are disclosed in the provided data.

How many LendingClub (LC) common shares does the Form 4 show as held by Ahmad Syed Faiz?

One line in the filing lists 85,263 shares of LendingClub common stock as directly held following the reported holding entry. Separately, 13,715 RSUs were granted, each representing a right to receive one share of common stock upon future vesting.