LendingClub (LC) General Counsel awarded 34,605 RSUs in latest Form 4 filing

Rhea-AI Filing Summary

LendingClub Corp General Counsel & Secretary Jordan Cheng reported an equity compensation grant. On March 5, 2026, Cheng acquired 34,605 restricted stock units (RSUs), each representing the right to receive one share of LendingClub common stock upon vesting.

The RSUs were granted under LendingClub’s 2014 Equity Incentive Plan. They will vest as to 8.33% of the total shares on May 25, 2026, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to Cheng’s continued service through each vesting date.

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

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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^*

Cheng Jordan

(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)
	General Counsel & Secretary

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

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

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)	03/05/2026		A		34,605		(2)	(3)	Common Stock	34,605	$0	34,605	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. Represents a grant of RSUs under the Issuer's 2014 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the unit, one share of the Issuer's common stock. The RSUs will vest as to 8.33% of the total shares on May 25, 2026, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.

3. Not applicable.

	/s/ Bhavit Sheth, attorney-in-fact	03/09/2026
	** 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.
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FAQ

What insider transaction did LendingClub (LC) report for Jordan Cheng?

LendingClub reported that General Counsel & Secretary Jordan Cheng received a grant of 34,605 restricted stock units. These RSUs are equity compensation and do not involve a cash purchase or sale of shares in the market by Cheng.

How many RSUs did Jordan Cheng receive from LendingClub (LC)?

Jordan Cheng received 34,605 restricted stock units from LendingClub. Each RSU gives him the right to receive one share of LendingClub common stock if and when the unit vests under the specified vesting schedule and continued service conditions.

When do Jordan Cheng’s LendingClub (LC) RSUs start vesting?

The RSUs granted to Jordan Cheng begin vesting on May 25, 2026, when 8.33% of the total units vest. Additional 8.33% portions of the original 34,605 RSUs will then vest quarterly, contingent on his continued service with the company.

What plan governs the RSU grant to Jordan Cheng at LendingClub (LC)?

The RSU grant to Jordan Cheng was made under LendingClub’s 2014 Equity Incentive Plan. This plan governs how equity awards such as restricted stock units are granted, the vesting conditions, and how they convert into common shares over time.

Does Jordan Cheng’s Form 4 for LendingClub (LC) show any stock sales?

The Form 4 shows no stock sales by Jordan Cheng. It reports only an acquisition of 34,605 restricted stock units as a grant, with no market purchases or dispositions of LendingClub common stock indicated in this filing.