LC LendingClub Corp
Price Chart
Executive Summary
LendingClub CEO Scott Sanborn sold $426K worth of shares on June 2, joining CFO Andrew LaBenne ($340K sale on May 28) and General Counsel Jordan Cheng ($94K sale on May 28) in a three-insider selling cluster totaling $860K. Four directors received non-cash stock grants on June 2, which are zero-value events. The selling cluster represents approximately 0.045% of LC's $1.9B market cap, a trivial amount, and the sales are likely liquidity-driven given the small relative size and lack of any material negative news in the filing context.
Key Financial Metrics
Actionable Insight
The selling cluster is too small relative to market cap to signal material bearish information. CEO and CFO sales at $17-$18 are likely routine portfolio rebalancing. Monitor next earnings for any fundamental deterioration, but this cluster alone does not warrant action.
Key Facts
- CEO Sanborn sold 23,851 shares at $17.86 for $426K on June 2
- CFO LaBenne sold 20,000 shares at $17.00 for $340K on May 28
- General Counsel Cheng sold 5,500 shares at $17.00 for $94K on May 28
- Four directors received non-cash stock grants of 13,715 shares each at $0 on June 2
- Total selling cluster value of $860K is only 0.045% of LC's $1.9B market cap
- No 10b5-1 plan disclosure or blackout window context provided
Financial Impact
Total insider selling of $860K, representing 0.045% of market cap — immaterial
Risk Factors
- Insider selling could accelerate if fundamentals weaken
- No cross-filing context (earnings, material agreements, or late filings) was provided to amplify this cluster's signal
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-LC-1780608486811 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
1d ago
|
Institutional Cluster
| $17.36 awaiting T+1 | awaiting T+1 | — | $18.05 (+4.00%) |
|
Jun 4, 2026
8d ago
|
Insider Cluster
| $17.40 awaiting T+1 | awaiting T+1 | — | $18.05 (+3.74%) |
|
Jun 4, 2026
8d ago
|
Insider Cluster
| $17.40 awaiting T+1 | awaiting T+1 | — | $18.05 (+3.74%) |
|
Jun 4, 2026
8d ago
|
Insider Cluster
| $17.40 awaiting T+1 | awaiting T+1 | — | $18.05 (+3.74%) |
|
Jun 2, 2026
10d ago
|
144
| $16.39 $17.57 | ▲ +7.20% | ▲ +6.80% | $18.05 (+10.13%) |
|
Jun 2, 2026
10d ago
|
8-K
| $16.39 $17.57 | ▲ +7.20% | ▲ +6.79% | $18.05 (+10.13%) |
|
May 29, 2026
14d ago
|
Insider Cluster
| $18.39 $17.50 | ▼ −4.84% | ▼ −4.98% | $18.05 (−1.85%) |
|
Apr 27, 2026
6w ago
|
8-K
| $16.87 $16.74 | ▼ −0.78% | ▼ −0.77% | $18.05 (+6.99%) |
|
Mar 30, 2026
10w ago
|
Court Ruling
| $13.81 $14.32 | ▲ +3.69% | ▲ +0.80% | $18.05 (+30.70%) |
|
Mar 27, 2026
11w ago
|
Institutional Cluster
| $13.87 $13.81 | ▼ −0.43% | ▼ −0.07% | $18.05 (+30.14%) |
US Market Status
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