Sanborn Scott sold LC
June 9, 2026 · Form 4 insider transaction
Sanborn Scott sold 4,899 shares of LendingClub Corporation at $18.00 per share, a transaction worth $88.2K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Disposed (sell-side)
Shares
4,899
Price
$18.00
Total value
$88.2K
InsiderSanborn Scott
Role—
CompanyLendingClub Corporation (LC)
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateJune 9, 2026
Filing dateJune 11, 2026
Shares owned after1,589,813
OwnershipDirect
10b5-1 planYes
AmendedNo
Footnotes
This transaction was effected pursuant to a Rule 10b5-1 trading plan (the "Plan") to diversify the assets of the Reporting Person. As disclosed in, and as of the filing date of, the Issuer's Form 10-Q for the period ending March 31, 2026 the maximum number of shares that can be sold under the Plan, inclusive of the reported transaction, represents 9.4% of the Reporting Person's equity interest in the Issuer.