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  4. [Form 4] LendingClub Corp Insider Trading Activity

LendingClub (LC) Chief Risk Officer reports RSU vesting and 379,024 shares owned

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

LendingClub Corp. reported insider equity activity for its Chief Risk Officer on a Form 4. On 11/25/2025, the officer acquired common stock through the vesting and settlement of restricted stock units (RSUs), receiving 7,749, 8,865, and 5,006 shares of common stock, each at an exercise price of $0 per RSU. These RSU settlements increased the officer’s holdings, and each RSU represents a right to receive one share of common stock upon vesting.

To cover tax withholding obligations related to these vestings, 11,514 shares of common stock were withheld by the company at a price of $16.8 per share, which is reported as a disposition but not an open-market sale. After the reported transactions, the officer directly owned 379,024 shares of LendingClub common stock.

Positive

  • None.

Negative

  • None.
Insider ARMSTRONG ANNIE
Role Chief Risk Officer
Type Security Shares Price Value
Exercise Restricted Stock Unit (RSU) 7,749 $0.00 --
Exercise Restricted Stock Unit (RSU) 8,865 $0.00 --
Exercise Restricted Stock Unit (RSU) 5,006 $0.00 --
Exercise Common Stock 7,749 $0.00 --
Exercise Common Stock 8,865 $0.00 --
Exercise Common Stock 5,006 $0.00 --
Tax Withholding Common Stock 11,514 $16.80 $193K
Holdings After Transaction: Restricted Stock Unit (RSU) — 7,749 shares (Direct); Common Stock — 376,667 shares (Direct)
Footnotes (1)
  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.
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*
ARMSTRONG ANNIE
(Last) (First) (Middle)
C/O LENDINGCLUB CORPORATION
595 MARKET ST., #200
(Street)
SAN FRANCISCO CA 94105
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LendingClub Corp [ LC ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Risk Officer
3. Date of Earliest Transaction (Month/Day/Year)
11/25/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 11/25/2025 M 7,749 A $0(1) 376,667 D
Common Stock 11/25/2025 M 8,865 A $0(1) 385,532 D
Common Stock 11/25/2025 M 5,006 A $0(1) 390,538 D
Common Stock 11/25/2025 F 11,514(2) D $16.8 379,024 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
Restricted Stock Unit (RSU) $0(1) 11/25/2025 M 7,749 (3) (4) Common Stock 7,749 $0 7,749 D
Restricted Stock Unit (RSU) $0(1) 11/25/2025 M 8,865 (5) (4) Common Stock 8,865 $0 44,323 D
Restricted Stock Unit (RSU) $0(1) 11/25/2025 M 5,006 (6) (4) Common Stock 5,006 $0 45,052 D
Explanation of Responses:
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.
2. 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.
3. 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.
4. Not applicable.
5. 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.
6. 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.
/s/ Bhavit Sheth, attorney-in-fact 11/26/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did LendingClub Corp (LC) disclose in this Form 4?

The filing shows the Chief Risk Officer of LendingClub Corp. acquired common stock upon the vesting and settlement of multiple restricted stock unit (RSU) awards on 11/25/2025.

How many LendingClub (LC) shares were acquired through RSU vesting?

The officer received 7,749, 8,865, and 5,006 shares of common stock upon vesting of RSUs, with each RSU converting into one share at an exercise price of $0.

Were any of the LendingClub (LC) shares sold in the open market?

The disclosure states that 11,514 shares were withheld by the issuer at $16.8 per share to satisfy tax withholding obligations, and that this does not represent a sale of shares in the open market.

How many LendingClub (LC) shares does the officer own after these transactions?

After the reported RSU vesting and tax withholding, the Chief Risk Officer directly beneficially owned 379,024 shares of LendingClub common stock.

What is the vesting schedule for the reported LendingClub RSUs?

The RSUs vest as to 8.33% of the total shares on specified initial dates (including May 25, 2023, May 25, 2024, and May 25, 2025), with an additional 8.33% vesting quarterly thereafter, subject to continued service.

What role does the reporting person hold at LendingClub (LC)?

The reporting person is an officer of LendingClub Corp., serving as the company’s Chief Risk Officer, and filed this Form 4 as an individual reporting person.