LendingClub (LC) General Counsel discloses RSU vesting and 106,280-share holding

Rhea-AI Filing Summary

LendingClub Corp’s General Counsel and Secretary reported routine equity compensation activity. On November 25, 2025, several batches of restricted stock units (RSUs) vested, converting into 2,889, 5,728, and 3,504 shares of common stock at an exercise price of $0 per share. In connection with this vesting, 5,552 shares were withheld by the company at $16.80 per share to cover tax obligations, and the filing notes this does not represent a market sale. After these transactions, the officer directly beneficially owned 106,280 shares of LendingClub common stock. The RSUs vest in quarterly installments of 8.33% of the total award, conditioned on continued service.

Insider Trade Summary

12,121 shares exercised/converted

Mixed 7 txns

Insider Cheng Jordan

Role General Counsel & Secretary

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit (RSU)	2,889	$0.00	--
Exercise	Restricted Stock Unit (RSU)	5,728	$0.00	--
Exercise	Restricted Stock Unit (RSU)	3,504	$0.00	--
Exercise	Common Stock	2,889	$0.00	--
Exercise	Common Stock	5,728	$0.00	--
Exercise	Common Stock	3,504	$0.00	--
Tax Withholding	Common Stock	5,552	$16.80	$93K

Holdings After Transaction: Restricted Stock Unit (RSU) — 2,890 shares (Direct); Common Stock — 102,600 shares (Direct)

Footnotes (1)

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. Does not represent a sale of shares. Represents the number of shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting of RSUs. The RSUs vested as to 8.33% of the total shares on May 25, 2023, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date. Not applicable. The RSUs vested as to 8.33% of the total shares on May 25, 2024, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date. The RSUs vested as to 8.33% of the total shares on May 25, 2025, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.

Form 4 Insider Transactions: What Each Field Means →

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

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^*

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)
11/25/2025

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
Common Stock	11/25/2025		M		2,889	A	$0(1)	102,600	D
Common Stock	11/25/2025		M		5,728	A	$0(1)	108,328	D
Common Stock	11/25/2025		M		3,504	A	$0(1)	111,832	D
Common Stock	11/25/2025		F		5,552(2)	D	$16.8	106,280	D

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)	11/25/2025		M			2,889	(3)	(4)	Common Stock	2,889	$0	2,890	D
Restricted Stock Unit (RSU)	$0(1)	11/25/2025		M			5,728	(5)	(4)	Common Stock	5,728	$0	28,640	D
Restricted Stock Unit (RSU)	$0(1)	11/25/2025		M			3,504	(6)	(4)	Common Stock	3,504	$0	31,537	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. Does not represent a sale of shares. Represents the number of shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting of RSUs.

3. The RSUs vested as to 8.33% of the total shares on May 25, 2023, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.

4. Not applicable.

5. The RSUs vested as to 8.33% of the total shares on May 25, 2024, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.

6. The RSUs vested as to 8.33% of the total shares on May 25, 2025, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.

	/s/ Bhavit Sheth, attorney-in-fact	11/26/2025
	** 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.
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.

FAQ

What insider transaction did LendingClub Corp (LC) report in this Form 4?

The filing reports RSU vesting for LendingClub Corp’s General Counsel and Secretary on November 25, 2025, with resulting common stock issuance and tax withholding.

How many LendingClub (LC) shares were issued from RSU vesting in this report?

Three RSU conversions resulted in 2,889, 5,728, and 3,504 shares of LendingClub common stock being acquired at an exercise price of $0 per share.

Did the LendingClub (LC) insider sell shares in the market?

No. The filing states that the 5,552 shares shown with transaction code F do not represent a sale, but shares withheld by the issuer to cover tax withholding obligations upon RSU vesting.

What is the insider’s LendingClub (LC) share ownership after these transactions?

Following the reported RSU vesting and tax withholding, the reporting officer directly beneficially owned 106,280 shares of LendingClub common stock.

How do the LendingClub (LC) RSUs vest for this officer?

The RSUs vest as to 8.33% of the total shares on an initial vesting date (such as May 25, 2023, May 25, 2024, or May 25, 2025), with an additional 8.33% vesting quarterly thereafter, subject to continued service through each vesting date.

What price was used for the tax withholding on LendingClub (LC) shares?

For the 5,552 shares withheld to satisfy tax obligations, the price used was $16.80 per share, as disclosed in the transaction table.