LendingClub CEO Scott Sanborn RSU Vesting and Tax Withholding Transactions

This Form 4 filing reports equity transactions by LendingClub CEO Scott Sanborn on May 25, 2026. The filing details the vesting of three separate Restricted Stock Unit (RSU) grants totaling 27,815 shares, which were converted to common stock. Concurrently, Sanborn disposed of 14,856 shares at $15.63 per share to cover tax withholding obligations related to the RSU vesting. Following these transactions, Sanborn's direct ownership of LendingClub common stock stands at 1,618,563 shares. The RSUs represent equity compensation that vests quarterly over time, with the reported transactions corresponding to scheduled vesting dates for grants made in 2024, 2025, and 2026. These are routine equity compensation transactions rather than discretionary market purchases or sales.