[Form 4] LendingClub Corp Insider Trading Activity

Rhea-AI Filing Summary

LendingClub Corp CEO Scott Sanborn reported multiple equity compensation transactions on February 25, 2026. He acquired a total of 534,895 shares of common stock through the vesting and conversion of restricted stock units, at a stated price of $0.00 per share.

To cover tax withholding obligations tied to these RSU vestings, 285,636 shares of common stock were disposed of at $15.02 per share, which the footnotes clarify does not represent an open-market sale but shares withheld by the company for taxes. Following these transactions, Sanborn directly owned 1,605,604 shares of LendingClub common stock.

Insider Trade Summary

534,895 shares exercised/converted

Mixed 9 txns

Insider Sanborn Scott

Role CEO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit (RSU)	14,945	$0.00	--
Exercise	Restricted Stock Unit (RSU)	498,754	$0.00	--
Exercise	Restricted Stock Unit (RSU)	13,151	$0.00	--
Exercise	Restricted Stock Unit (RSU)	8,045	$0.00	--
Exercise	Common Stock	14,945	$0.00	--
Exercise	Common Stock	498,754	$0.00	--
Exercise	Common Stock	13,151	$0.00	--
Exercise	Common Stock	8,045	$0.00	--
Tax Withholding	Common Stock	285,636	$15.02	$4.29M

Holdings After Transaction: Restricted Stock Unit (RSU) — 0 shares (Direct); Common Stock — 1,371,290 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 100% of the total shares on February 25, 2026, subject to continued service through the vesting date. 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.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/27/2026 - 04:47 PM Learn about SEC filing dates

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^*

Sanborn Scott

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

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	02/25/2026		M		14,945	A	$0(1)	1,371,290	D
Common Stock	02/25/2026		M		498,754	A	$0(1)	1,870,044	D
Common Stock	02/25/2026		M		13,151	A	$0(1)	1,883,195	D
Common Stock	02/25/2026		M		8,045	A	$0(1)	1,891,240	D
Common Stock	02/25/2026		F		285,636(2)	D	$15.02	1,605,604	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)	02/25/2026		M			14,945	(3)	(4)	Common Stock	14,945	$0	0	D
Restricted Stock Unit (RSU)	$0(1)	02/25/2026		M			498,754	(5)	(4)	Common Stock	498,754	$0	0	D
Restricted Stock Unit (RSU)	$0(1)	02/25/2026		M			13,151	(6)	(4)	Common Stock	13,151	$0	52,603	D
Restricted Stock Unit (RSU)	$0(1)	02/25/2026		M			8,045	(7)	(4)	Common Stock	8,045	$0	64,360	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 100% of the total shares on February 25, 2026, subject to continued service through the vesting date.

6. 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.

7. 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	02/27/2026
	** 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.
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