LendingClub (LC) director Michael Zeisser receives 13,715 RSUs in annual equity grant

Rhea-AI Filing Summary

ZEISSER MICHAEL P reported acquisition or exercise transactions in this Form 4 filing.

LendingClub Corp director Michael P. Zeisser reported an equity compensation grant and his current share holdings. He received an annual non-employee director award of 13,715 Restricted Stock Units (RSUs) under the LendingClub Corporation 2014 Equity Incentive Plan. Each RSU represents one share of common stock and will vest quarterly over a one-year period beginning on June 2, 2026, subject to his continued service. A separate holding entry shows 199,379 shares of common stock held directly as of the reported date.

Insights

Equity Compensation Analyst

Routine director RSU grant with time-based vesting; neutral signal.

The filing shows Michael P. Zeisser, a director of LendingClub Corp, receiving an annual non-employee director equity award of 13,715 RSUs. The grant is made under the LendingClub Corporation 2014 Equity Incentive Plan at a stated price of 0.0000 per share, indicating standard compensation rather than a market purchase.

The RSUs vest quarterly over one year starting on June 2, 2026, contingent on continued board service, which encourages short-term retention but does not reflect an active buy or sell decision. The filing also lists a separate direct holding of 199,379 common shares, providing context for the director’s existing equity exposure. Overall, this appears to be routine board compensation with a neutral impact.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider ZEISSER MICHAEL P

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 RSU vesting start date: June 2, 2026 Common shares held: 199,379 shares +1 more

4 metrics

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

RSU vesting start date June 2, 2026 Quarterly vesting over one year, subject to service

Common shares held 199,379 shares Direct holding entry as of transaction date

RSU grant price per share $0.0000 per share Equity award, non-market grant

Key Terms

Restricted Stock Units ("RSUs"), 2014 Equity Incentive Plan, non-employee director equity award, vest quarterly over a one-year period

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

"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")."

vest quarterly over a one-year period financial

"The RSUs will vest quarterly over a one-year period beginning on June 2, 2026."

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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^*

ZEISSER MICHAEL P

(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								199,379	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 Corp (LC) director Michael Zeisser report in this Form 4?

Director Michael P. Zeisser reported receiving an annual equity award of 13,715 RSUs and disclosed a separate holding entry of 199,379 common shares. The RSU grant is part of routine non-employee director compensation under LendingClub’s 2014 Equity Incentive Plan.

How many Restricted Stock Units did Michael Zeisser receive from LendingClub (LC)?

Michael P. Zeisser received 13,715 Restricted Stock Units (RSUs) as his annual non-employee director equity award. Each RSU represents the contingent right to receive one share of LendingClub common stock upon vesting, as described in the company’s Form 4 filing footnote.

When do Michael Zeisser’s LendingClub (LC) RSUs begin vesting and over what period?

The 13,715 RSUs granted to Michael P. Zeisser will begin vesting on June 2, 2026. They vest quarterly over a one-year period, and each vesting installment is conditioned on his continued service as a non-employee director through the applicable vesting date.

What does each RSU granted to Michael Zeisser by LendingClub (LC) represent?

Each RSU granted to Michael P. Zeisser represents the right to receive one share of LendingClub common stock upon vesting. The award is issued under the LendingClub Corporation 2014 Equity Incentive Plan and is subject to quarterly vesting and continued service conditions.

How many LendingClub (LC) shares does Michael Zeisser hold directly according to this filing?

One transaction line shows a direct holding of 199,379 shares of LendingClub common stock as of the reported date. This figure appears separately from the RSU grant and provides context for his existing equity position disclosed in the Form 4.