STOCK TITAN

LendingClub (LC) director Erin Selleck awarded 13,715 RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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 Selleck Erin
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]
RSU grant size 13,715 RSUs Annual non-employee director equity award
RSU grant price $0.00 per unit Stated transaction price per RSU
Vesting start date June 2, 2026 Quarterly vesting over one year begins
Shares held after 83,548 shares Direct common stock holdings following transactions
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
"RSUs 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")."
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED 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*
Selleck Erin

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/02/2026A13,715(1)A$013,715D
Common Stock83,548D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-fact06/04/2026
** Signature of Reporting PersonDate
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 Erin Selleck report in her LendingClub (LC) Form 4 filing?

Erin Selleck reported an equity compensation grant, not an open-market trade. She received 13,715 Restricted Stock Units as her annual non-employee director equity award under the LendingClub Corporation 2014 Equity Incentive Plan.

How many Restricted Stock Units did LendingClub (LC) grant to director Erin Selleck?

LendingClub granted Erin Selleck 13,715 Restricted Stock Units. These RSUs are part of her annual non-employee director equity award and each RSU represents the contingent right to receive one share of LendingClub common stock upon vesting.

What are the vesting terms of Erin Selleck’s 13,715 RSUs at LendingClub (LC)?

Erin Selleck’s 13,715 RSUs will vest quarterly over a one-year period. Vesting begins on June 2, 2026, and is subject to her continued service through each vesting date before shares of common stock are delivered.

Is Erin Selleck’s Form 4 transaction at LendingClub (LC) a stock purchase or compensation grant?

The Form 4 shows a compensation-related grant, not a stock purchase. The 13,715 shares are Restricted Stock Units awarded as an annual non-employee director equity grant under the company’s 2014 Equity Incentive Plan at a stated price of $0.00.

How many LendingClub (LC) shares does Erin Selleck hold after the reported Form 4 transactions?

After the reported transactions, Erin Selleck directly holds 83,548 shares of LendingClub common stock. This holding entry reflects her direct ownership position as of the transaction date noted in the Form 4 filing.