Mattics Steven C 4

What Happened
Steven C. Mattics, Chief Lending Officer of LendingClub Corp (LC), received a grant of 74,153 restricted stock units (RSUs) on March 5, 2026. The award is recorded at $0.00 (derivative award) — no cash was paid. RSUs represent the contingent right to receive one share of common stock per unit upon vesting; this is a standard compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-05; filing date: 2026-03-09 (appears later than the usual two-business-day Form 4 filing window).
• Transaction type/code: Award/Grant (A). Price reported: $0.00 (derivative).
• Shares granted: 74,153 RSUs. Shares owned after transaction: not disclosed in this Form 4.
• Vesting (per filing footnote): 8.33% of the total shares vest on May 25, 2026, then an additional 8.33% vests quarterly thereafter, subject to continued service.
• Footnote summary: Each RSU converts to one share upon vesting.

Context
RSU grants are common executive compensation and do not by themselves indicate buying or selling intent. Because this was an award (not a purchase), it’s a neutral signal for market sentiment. Note the filing was submitted four days after the transaction date, which appears to miss the typical two-business-day Form 4 reporting window.