LendingClub director granted 13,715 RSUs
LendingClub Corp director Janey Whiteside received an annual non-employee director equity award of 13,715 Restricted Stock Units (RSUs) under the LendingClub Corporation 2014 Equity Incentive Plan.
Rhea-AI Filing Summary
LendingClub Corp director Janey Whiteside received an annual non-employee director equity award of 13,715 Restricted Stock Units (RSUs) under the LendingClub Corporation 2014 Equity Incentive Plan. Each RSU converts into one share of common stock upon vesting. The RSUs will vest quarterly over a one-year period beginning on June 2, 2026, subject to continued service. The filing also reports 78,279 shares of common stock held directly in a separate entry.
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Insider Trade Summary
Grant/Award: 13,715 shares
Grant/Award
2 txns
Insider
Whiteside Janey
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,715 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 91,994 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
RSU grant size: 13,715 RSUs
RSU grant price: $0.0000 per share
Vesting start date: June 2, 2026
+2 more
5 metrics
RSU grant size
13,715 RSUs
Annual non-employee director equity award
RSU grant price
$0.0000 per share
Reported transaction price per share
Vesting start date
June 2, 2026
Quarterly vesting over one year begins on this date
Director common shares
78,279 shares
Common stock held directly in separate holding entry
Reporting person role
Director
Janey Whiteside is identified as a director
Key Terms
Restricted Stock Units ("RSUs"), 2014 Equity Incentive Plan, equity award, vest quarterly, +1 more
5 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
"award of Restricted Stock Units ("RSUs") made under the LendingClub Corporation 2014 Equity Incentive Plan."
equity award financial
"Represents the annual non-employee director equity award of Restricted Stock Units ("RSUs")."
An equity award is a form of pay where a company gives employees, executives or other stakeholders the right to own or buy company shares—either immediately or after meeting certain conditions. Think of it like receiving slices of the company pie now or coupons to claim slices later; it matters to investors because it affects ownership dilution, executive incentives and reported compensation costs, and signals how management is being rewarded and retained.
vest quarterly financial
"The RSUs will vest quarterly over a one-year period beginning on June 2, 2026, subject to continued service through each vesting date."
contingent right financial
"Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LendingClub (LC) report for Janey Whiteside?
Janey Whiteside received an equity award of 13,715 RSUs. These Restricted Stock Units were granted as her annual non-employee director award under LendingClub’s 2014 Equity Incentive Plan and convert into common shares as they vest over time.
How many RSUs were granted to Janey Whiteside by LendingClub (LC)?
LendingClub granted 13,715 RSUs to Janey Whiteside. Each RSU represents the right to receive one share of LendingClub common stock upon vesting, providing equity-based compensation instead of immediate cash payment for her board service.
When do Janey Whiteside’s LendingClub (LC) RSUs vest?
The RSUs begin vesting on June 2, 2026. Vesting occurs quarterly over a one-year period starting on that date, and each vesting installment is contingent on her continued service as a non-employee director through the applicable vesting date.
What does each RSU granted to Janey Whiteside by LendingClub (LC) represent?
Each RSU represents one potential share of common stock. Upon vesting, each Restricted Stock Unit entitles Whiteside to receive one share of LendingClub’s common stock, aligning her compensation with shareholder interests over the vesting period.
Under which plan were Janey Whiteside’s LendingClub (LC) RSUs granted?
The RSUs were granted under the 2014 Equity Incentive Plan. LendingClub’s 2014 Equity Incentive Plan governs equity awards like these RSUs, providing the framework for director compensation in the form of stock-based incentives instead of only cash fees.
AI-generated analysis. How Rhea-AI works. Not financial advice.
