LendingClub GC granted 34,605 RSUs in Form 4
LendingClub Corp General Counsel & Secretary Jordan Cheng reported an equity compensation grant.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit (RSU) | 34,605 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
- F2. 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.
- F3. Not applicable.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LendingClub (LC) report for Jordan Cheng?
How many RSUs did Jordan Cheng receive from LendingClub (LC)?
When do Jordan Cheng’s LendingClub (LC) RSUs start vesting?
What plan governs the RSU grant to Jordan Cheng at LendingClub (LC)?
Does Jordan Cheng’s Form 4 for LendingClub (LC) show any stock sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.