LendingClub SVP Fergal Stack's RSU Vesting and Stock Transactions

2026-05-27SEC Filing 4 (0001409970-26-000077)

This Form 4 filing reports equity transactions by Fergal Stack, SVP and Corporate Controller of LendingClub Corporation. On May 25, 2026, Stack had three separate restricted stock unit (RSU) awards vest, resulting in the acquisition of 6,593 shares of common stock (3,117 + 1,907 + 1,569 shares) at $0 per share. Concurrently, 2,680 shares were sold at $15.63 per share to cover tax withholding obligations related to the RSU vesting. The RSUs were part of different grant tranches with vesting schedules that began on May 25, 2024, 2025, and 2026 respectively, with quarterly vesting thereafter. Following these transactions, Stack's direct ownership position in LendingClub common stock stands at 264,977 shares, with additional unvested RSUs totaling 17,264 shares. The transactions represent routine equity compensation activity and tax withholding procedures for an executive officer.