---
schema_version: "secwatch.filing_event.v1"
accession: "0001409970-23-000060"
form_type: "8-K"
ticker: "LC"
cik: "0001409970"
company_name: "LendingClub Corp"
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-08T23:49:57.939975+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# LendingClub insiders buy 120,000 shares on open market

## Summary
- Each non-employee director and the CEO, CFO, corporate controller purchased 10,000 shares on Oct 31, 2023.
- Aggregate open-market purchase of 120,000 shares of LC common stock.
- Post-purchase, insiders collectively hold 4,375,541 shares: 2,250,837 vested, 1,487,271 RSUs, and options for 637,433.
- Insider stock purchases signal management confidence in the company's outlook.

## SEC filing metadata
- accession: 0001409970-23-000060
- form_type: 8-K
- ticker: LC
- cik: 0001409970
- company_name: LendingClub Corp
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409970/000140997023000060/0001409970-23-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409970/000140997023000060/lc-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001409970-23-000060
- JSON: https://secwatch.observer/filing/0001409970-23-000060.json
- Plain text: https://secwatch.observer/filing/0001409970-23-000060.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.