LC - LendingClub Corp
Insider Sale by Sanborn Scott (CEO)
Trade Summary
3 days ago, Sanborn Scott, serving as CEO at LendingClub Corp (LC), sold 23,851 shares at $17.86 per share, for a total transaction value of $425,947.85. Following this transaction, Sanborn Scott now holds 1,594,712 shares of LC.
This sale represents a 1.47% decrease in Sanborn Scott's stake in the company. This is considered a medium-conviction trade.
The trade was executed on Tuesday, June 2, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, June 4, 2026 at 5:17 PM ET, 2 days after the trade was made.
LendingClub Corp operates in the FINANCIAL SERVICES sector, specifically within the BANKS - REGIONAL industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$17.86
Quantity
23,851
Total Value
$425,947.85
Shares Owned
1,594,712
Trade Date
3 days ago
SEC Filing Date
at 5:17 PM ET
Filed 2 days after trade
Discussion