LendingClub grants 74,153 RSUs to lending chief
Mattics Steven C reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Mattics Steven C reported acquisition or exercise transactions in this Form 4 filing.
LendingClub Corp reported that its Bank Chief Lending Officer, Steven C. Mattics, received a grant of 74,153 restricted stock units (RSUs) on March 5, 2026. Each RSU represents the right to receive one share of LendingClub common stock when it vests.
The award was made under LendingClub’s 2014 Equity Incentive Plan. The RSUs are scheduled to vest as to 8.33% of the total shares on May 25, 2026, with an additional 8.33% vesting quarterly thereafter, subject to Mr. Mattics’ continued service through each vesting date. All 74,153 RSUs are reported as directly owned following this grant.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit (RSU) | 74,153 | $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 Steven C. Mattics?
How many RSUs were granted to the LendingClub (LC) chief lending officer?
What is the vesting schedule for the 74,153 LendingClub (LC) RSUs?
What does each LendingClub (LC) restricted stock unit represent in this Form 4?
Under which plan were the LendingClub (LC) RSUs to Steven C. Mattics granted?
Does the Form 4 show ownership type for Steven C. Mattics’ LendingClub (LC) RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.