LendingClub director granted 13,715 RSUs
Selleck Erin reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Selleck Erin reported acquisition or exercise transactions in this Form 4 filing.
LendingClub Corp director Erin Selleck reported an equity compensation grant rather than an open-market trade. She received an annual non-employee director award of 13,715 Restricted Stock Units (RSUs) under the LendingClub Corporation 2014 Equity Incentive Plan at a stated price of $0.00 per unit.
Each RSU represents the right to receive one share of LendingClub common stock upon vesting. The RSUs will vest quarterly over a one-year period beginning on June 2, 2026, subject to her continued service. Following the reported transactions, she directly holds 83,548 shares of LendingClub common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,715 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
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
Key Terms
Restricted Stock Units ("RSUs") financial
2014 Equity Incentive Plan financial
non-employee director equity award financial
FAQ
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What did Erin Selleck report in her LendingClub (LC) Form 4 filing?
How many Restricted Stock Units did LendingClub (LC) grant to director Erin Selleck?
What are the vesting terms of Erin Selleck’s 13,715 RSUs at LendingClub (LC)?
Is Erin Selleck’s Form 4 transaction at LendingClub (LC) a stock purchase or compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.