Selleck Erin 4

What Happened

• Erin Selleck, a non-employee director of LendingClub Corp (LC), sold 2,390 shares in an open‑market transaction on March 5, 2026 at $15.46 per share, generating gross proceeds of $36,949. The sale was effected pursuant to a Rule 10b5‑1 trading plan.

Key Details

• Transaction date: 2026-03-05; sale price: $15.46 per share; shares sold: 2,390; proceeds: $36,949.
• Filing date (Form 4): 2026-03-09; the filing indicates timeliness code “L” (late filing relative to the transaction date).
• Shares owned after transaction: not specified in the information provided here (see the full Form 4 for post-transaction beneficial ownership).
• Notable footnotes:
  • F1: Sale executed under a Rule 10b5‑1 trading plan (prearranged plan).
  • F2: References an unvested portion of an annual non-employee director RSU award (RSUs vest quarterly over one year beginning June 3, 2025).

Context

• A 10b5‑1 plan means the sale was prearranged and scheduled under a trading plan, which reduces the ability to infer insider sentiment from the trade. The RSU footnote describes unvested director awards and relates to holdings disclosure rather than the mechanics of this sale. The late filing flag means the disclosure was submitted after the usual reporting window, which can affect timely transparency; consult the full Form 4 for complete ownership details.