LC LendingClub Corp
Price Chart
Executive Summary
Two top executives at LendingClub — the CFO and General Counsel — sold a combined $434K in open-market sales on May 28, 2026, at ~$17/share. This follows a cluster of non-cash derivative exercises and tax-withholding transactions on May 25 by the same executives plus the CEO and other officers. The open-market sales are modest relative to the $2.0B market cap (0.02%), and the derivative exercises are routine vesting events with no economic signal.
Key Financial Metrics
Actionable Insight
The open-market sales are trivial in size and likely liquidity-driven following the May 25 vesting events. No bearish signal — the derivative exercises and tax-withholding are routine compensation mechanics. Monitor for any material insider buying or a larger secondary offering, but this cluster alone does not warrant action.
Key Facts
- CFO LaBenne sold 20,000 shares for $340K on May 28 at $17.00
- General Counsel Cheng sold 5,500 shares for $93.5K on May 28 at $17.00
- May 25 cluster: CEO, CFO, GC, Chief Lending Officer, and Corporate Controller exercised derivatives (non-cash) and surrendered shares for tax withholding totaling ~$1.17M
- Total open-market sales of $434K represent ~0.02% of LendingClub's $2.0B market cap
- No open-market purchases were made by any insider in this window
Financial Impact
Total open-market sales of $434K, immaterial relative to $2.0B market cap
Risk Factors
- Insider selling could accelerate if the stock appreciates further, but current levels are not alarming
- No purchases from insiders to offset the selling — a lack of bullish conviction signal
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-LC-1780097273202 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
3d ago
|
Institutional Cluster
| $17.36 awaiting T+1 | awaiting T+1 | — | $18.05 (+4.00%) |
|
Jun 4, 2026
10d ago
|
Insider Cluster
| $17.40 awaiting T+1 | awaiting T+1 | — | $18.05 (+3.74%) |
|
Jun 4, 2026
10d ago
|
Insider Cluster
| $17.40 awaiting T+1 | awaiting T+1 | — | $18.05 (+3.74%) |
|
Jun 4, 2026
10d ago
|
Insider Cluster
| $17.40 awaiting T+1 | awaiting T+1 | — | $18.05 (+3.74%) |
|
Jun 2, 2026
12d ago
|
144
| $16.39 $17.57 | ▲ +7.20% | ▲ +6.80% | $18.05 (+10.13%) |
|
Jun 2, 2026
12d ago
|
8-K
| $16.39 $17.57 | ▲ +7.20% | ▲ +6.79% | $18.05 (+10.13%) |
|
May 29, 2026
16d 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
11w ago
|
Court Ruling
| $13.81 $14.32 | ▲ +3.69% | ▲ +0.80% | $18.05 (+30.70%) |
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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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