Welcome to our dedicated page for LendingClub SEC filings (Ticker: LC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
LendingClub Corporation filings document formal disclosures for a Delaware bank holding company and digital marketplace bank. Its 8-K reports record quarterly and annual operating results, Regulation FD presentations, capital actions such as common stock repurchase authorization, and governance or executive-transition matters.
Annual proxy materials cover director elections, executive compensation, auditor ratification and proposed charter governance changes, including board classification and voting-threshold provisions. The filing record also supports review of LendingClub's balance-sheet funding, loan origination economics, capital structure, risk oversight and public-company governance framework.
LendingClub Corp Chief Financial Officer Andrew LaBenne reported an open-market sale of 20,000 shares of common stock on May 28, 2026 at a weighted-average price of $17.0032 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan intended to diversify his assets, and the plan allows sales of up to 7.0% of his equity interest in LendingClub, inclusive of this sale.
Following the transaction, LaBenne holds 234,955 shares of LendingClub common stock directly. In addition, 12,000 shares are held indirectly in two UTMA accounts for his children, with 6,000 shares in each account.
LendingClub Corp General Counsel and Secretary Jordan Cheng reported an open-market sale of company common stock. On May 28, 2026, he sold 5,500 shares at $17.00 per share in a planned transaction under a Rule 10b5-1 trading plan.
After the sale, Cheng directly holds 113,574 shares of LendingClub common stock. Because the transaction was executed pursuant to a pre-arranged trading plan, its timing reflects ongoing portfolio management rather than a discretionary one-off trade.
LendingClub Corp senior vice president and corporate controller Fergal Stack reported routine equity compensation activity involving restricted stock units. On May 25, 2026, RSUs converted into a total of 6,593 shares of common stock at a conversion price of $0.00 per share.
To cover tax withholding obligations from this vesting, 2,680 shares of common stock were withheld by the company at $15.63 per share, which the filing notes does not represent an open-market sale. Following these transactions, Stack holds 264,181 shares of common stock directly and 9,352 RSUs that remain outstanding.
LendingClub Corp Bank Chief Lending Officer Steven C. Mattics reported routine equity compensation activity tied to restricted stock units (RSUs). On May 25, 2026, RSUs converted into 90,313 shares of common stock, reflecting derivative exercises rather than open‑market purchases.
To cover tax obligations from the RSU vesting, 38,574 shares of common stock were withheld by the company at $15.63 per share, and the filing states this does not represent a sale. Following these transactions, Mattics directly holds 51,739 shares of LendingClub common stock.
LendingClub Corp Chief Financial Officer Andrew LaBenne reported routine equity compensation activity involving restricted stock units (RSUs) and related tax withholding. On 2026-05-25, he exercised RSUs into a total of 25,961 shares of common stock, reflected across multiple transactions coded "M" for derivative exercises.
To cover tax obligations from the RSU vesting, 13,373 shares of common stock were withheld by the company at a price of $15.63 per share, a disposition coded "F" that the footnotes state does not represent a sale. Following these transactions, LaBenne directly holds 254,955 shares of LendingClub common stock and indirectly holds 12,000 shares through UTMA accounts for his children.
LendingClub Corp CEO Scott Sanborn reported routine equity compensation activity involving restricted stock units and related tax withholding. On May 25, 2026, RSUs converted into a total of 27,815 shares of common stock through derivative exercises recorded at $0.0000 per share.
To satisfy tax obligations from the RSU vesting, 14,856 common shares were withheld by the company at $15.63 per share, as noted in the footnotes, and this did not represent an open-market sale. After these transactions, Sanborn directly held 1,618,754 shares of LendingClub common stock and continued to hold 39,453 RSUs representing additional contingent rights to future shares.
LendingClub Corp General Counsel & Secretary Jordan Cheng reported routine equity compensation activity. On May 25, 2026, Cheng exercised restricted stock units that delivered 12,115 shares of common stock. The company withheld 5,480 shares at $15.63 per share to cover tax obligations, which was not an open-market sale.
After these transactions, Cheng directly holds 118,167 shares of common stock and 17,184 RSUs that continue to vest quarterly in 8.33% increments, subject to continued service.
LendingClub Corporation reported much stronger results for the quarter ended March 31, 2026. Net income rose to $51.6 million from $11.7 million a year earlier, with basic EPS increasing to $0.45 from $0.10. Total net revenue grew to $252.3 million, driven by higher net interest income of $176.2 million and sharply higher origination fees of $130.1 million.
The company implemented a key change by electing the fair value option for newly originated held-for-investment loans beginning January 1, 2026. This shifts expected credit losses from the provision line into fair value marks, contributing to a much lower credit loss provision of $0.4 million versus $58.1 million in the prior-year quarter, while net fair value adjustments were a negative $88.9 million.
Total assets increased to $11.9 billion, and deposits grew to $10.2 billion, with certificates of deposit reaching $2.54 billion. The allowance for loan and lease losses declined to $237.7 million, and nonaccrual loans were $58.7 million, or 1.6% of loans and leases held for investment at amortized cost.