LendingClub (LC) Director Michael Zeisser Receives RSU Award

What Happened
Michael P. Zeisser, a director of LendingClub Corporation (LC), was granted 13,715 restricted stock units (RSUs) on June 2, 2026, per the Form 4 filed June 4, 2026. The filing lists the award as 13,715 shares at $0.00 (reported value $0). Each RSU represents a contingent right to receive one share of common stock upon vesting.

Key Details

• Transaction date: 2026-06-02; Form 4 filed: 2026-06-04.
• Transaction type/code: Award/Grant (A).
• Amount: 13,715 RSUs; grant price shown: $0.00.
• Shares owned after transaction: not specified in the filing.
• Footnote: Annual non-employee director RSU award under the 2014 Equity Incentive Plan; RSUs vest quarterly over one year beginning June 2, 2026, subject to continued service (Footnote F1).
• Timeliness: Filed within the normal 2-business-day window (not indicated as late).

Context
RSUs are compensation that convert to shares only as they vest; they are common for non-employee directors and are routine corporate compensation rather than an open-market buy or sell. Such awards do not by themselves indicate a trading view (bullish or bearish) because shares are not immediately purchased or sold.