Form 4: LendingClub CEO Sells Shares
Insider Transaction (Form 4)
Scott Sanborn, CEO and a Director of LendingClub Corp, sold 28,750 shares of common stock on July 15, 2026 for $20.08 per share.
Summary
- Open-market sale: disposed of 28,750 Common Stock at $20.08 ($577,242) on July 15, 2026; holds 1,507,313 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $577,242 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Scott Sanborn — Director, Officer (CEO)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-15 | Open-market sale | Common Stock | 28,750 | $20 | $577.2K | 1,507,313 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-15 | Open-market sale (28,750 shares) |
Keywords
insider transaction, Form 4, HAPN, Happen, Inc., bearish, Scott Sanborn
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