Wellington Files Schedule 13G for 6.7M LendingClub Shares (LC)

Rhea-AI Filing Summary

Wellington Management and related entities reported beneficial ownership of 6,698,689 shares of LendingClub common stock, representing 5.87% of the class. The filing shows 0 sole voting power, 6,481,647 shared voting power, and 6,698,689 shared dispositive power, indicating the position is held on behalf of clients of Wellington's investment advisers and exercised collectively rather than unilaterally. Multiple Wellington entities are named as reporting persons and are classified as holding companies (HC) or investment advisers (IA). The statement certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing control of the issuer.

Positive

• Material institutional stake disclosed: Beneficial ownership of 6,698,689 shares (~5.87%) meets the 5% reporting threshold.
• Transparency on ownership structure: Filing identifies specific Wellington entities and clarifies holdings are owned of record by clients of Wellington investment advisers.

Negative

• No sole voting or dispositive power: Wellington reports 0 sole voting and 0 sole dispositive power, indicating no unilateral control over LendingClub.
• Passive intent certified: The filing states the position was acquired and is held in the ordinary course and not to influence control, so investors should not expect an activism-driven change from this filing.

Insights

Financial Analyst

Wellington holds a material passive stake (≈5.9%), indicating sizeable institutional ownership without unilateral control.

The disclosure shows Wellington-affiliated entities collectively beneficially own 6,698,689 shares (5.87%) of LendingClub common stock with no sole voting or dispositive power. Shared voting and dispositive figures imply the position is managed for clients across multiple Wellington advisers rather than as a direct control play. For investors, this signals meaningful institutional interest that could affect liquidity and shareholder base composition but does not signal an active attempt to influence governance based on the filing's certifications.

Corporate Governance Expert

Filing reflects a passive, client-driven stake with shared authority—no single Wellington entity claims control.

The schedule identifies several Wellington entities and classifies them as either holding companies (HC) or investment advisers (IA). The reported 0 sole voting power and reliance on shared voting/dispositive powers indicate Wellington does not assert unilateral governance control. The certification that holdings are in the ordinary course and not intended to change control further supports a passive ownership profile. This is a material disclosure for governance monitoring but does not constitute a control transaction.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

LendingClub Corporation

(Name of Issuer)

Common Stock

(Title of Class of Securities)

52603A208

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 52603A208

1

Names of Reporting Persons

Wellington Management Group LLP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

MASSACHUSETTS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 6,481,647.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 6,698,689.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,698,689.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.9 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. 52603A208

1

Names of Reporting Persons

Wellington Group Holdings LLP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 6,481,647.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 6,698,689.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,698,689.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.9 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. 52603A208

1

Names of Reporting Persons

Wellington Investment Advisors Holdings LLP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 6,481,647.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 6,698,689.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,698,689.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.9 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. 52603A208

1

Names of Reporting Persons

Wellington Management Company LLP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 6,481,647.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 6,654,519.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,698,689.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.8 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: LendingClub Corporation
(b)	Address of issuer's principal executive offices: 595 Market Street, Suite 200, San Francisco CA 94105
Item 2.
(a)	Name of person filing: Wellington Management Group LLP Wellington Group Holdings LLP Wellington Investment Advisors Holdings LLP Wellington Management Company LLP
(b)	Address or principal business office or, if none, residence: c/o Wellington Management Company LLP, 280 Congress Street, Boston MA 02210
(c)	Citizenship: Wellington Management Group LLP - Massachusetts Wellington Group Holdings LLP - Delaware Wellington Investment Advisors Holdings LLP - Delaware Wellington Management Company LLP - Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 52603A208
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See the responses to Item 9 on the attached cover pages.
(b)	Percent of class: 5.87 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: See the responses to Item 6 on the attached cover pages.
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: See the responses to Item 8 on the attached cover pages.
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The securities as to which this Schedule is filed are owned of record by clients of one or more investment advisers identified in Item 7 directly or indirectly owned by Wellington Management Group LLP. Those clients have the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from the sale of, such securities. No such client is known to have such right or power with respect to more than five percent of this class of securities, except as follows: Not Applicable.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Pursuant to the instructions in Item 7 of Schedule 13G, the following lists the identity and Item 3 classification of each relevant entity that beneficially owns shares of the security class being reported on this Schedule 13G. Wellington Group Holdings LLP - HC Wellington Investment Advisors LLP - HC Wellington Management Global Holdings, Ltd. - HC One or more of the following investment advisers (the "Wellington Investment Advisers"): Wellington Management Company LLP - IA Wellington Management Canada LLC - IA Wellington Management Singapore Pte Ltd - IA Wellington Management Hong Kong Ltd - IA Wellington Management International Ltd - IA Wellington Management Japan Pte Ltd - IA Wellington Management Australia Pty Ltd - IA The securities as to which this Schedule is filed by Wellington Management Group LLP, as parent holding company of certain holding companies and the Wellington Investment Advisers, are owned of record by clients of the Wellington Investment Advisers. Wellington Investment Advisors Holdings LLP controls directly, or indirectly through Wellington Management Global Holdings, Ltd., the Wellington Investment Advisers. Wellington Investment Advisors Holdings LLP is owned by Wellington Group Holdings LLP. Wellington Group Holdings LLP is owned by Wellington Management Group LLP.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Wellington Management Group LLP

Signature:	Taisia Lowe
Name/Title:	Regulatory Analyst
Date:	08/12/2025

Wellington Group Holdings LLP

Signature:	Taisia Lowe
Name/Title:	Regulatory Analyst
Date:	08/12/2025

Wellington Investment Advisors Holdings LLP

Signature:	Taisia Lowe
Name/Title:	Regulatory Analyst
Date:	08/12/2025

Wellington Management Company LLP

Signature:	Taisia Lowe
Name/Title:	Regulatory Analyst
Date:	08/12/2025

FAQ

How many LendingClub (LC) shares does Wellington beneficially own?

Wellington-affiliated reporting persons beneficially own 6,698,689 shares of LendingClub common stock.

What percentage of LendingClub (LC) does Wellington own?

The filing reports ownership representing 5.87% of the class.

Does Wellington have voting control over LendingClub (LC) shares?

No single Wellington entity reports sole voting power; the filing shows 0 sole voting power and 6,481,647 shared voting power.

Are these shares held personally by Wellington or on behalf of clients?

The securities are owned of record by clients of one or more Wellington investment advisers; Wellington holds them on behalf of clients.

Is Wellington seeking to change control of LendingClub (LC)?

The filing certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.