MS Director Lynn Good awarded 1,658 shares in Form 4 filing

Q: How many Morgan Stanley (MS) shares did Lynn J. Good acquire?

The director received 1,658.438 deferred stock units , convertible 1-for-1 into common shares.

Q: Was the transaction an open-market purchase?

No. It was an automatic equity grant under the Directors' Equity Capital Accumulation Plan at a price of $0.

Q: Does the filing involve a Rule 10b5-1 trading plan?

The Rule 10b5-1 box was not checked , indicating the transaction was not executed under such a plan.

Q: What is Lynn J. Good鈥檚 total direct ownership after the grant?

She now directly owns 1,658.438 shares of Morgan Stanley common stock.

[Form 4] LendingClub Corporation Insider Trading Activity

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Form 4 filing overview:

Reporting person: Lynn J. Good, independent director.
Date of transaction: 01-Aug-2025.
Securities involved: 1,658.438 deferred stock units (DSUs) that convert 1-for-1 into Morgan Stanley (MS) common stock.
Transaction code: A 鈥� automatic acquisition under the Directors' Equity Capital Accumulation Plan; cash price: $0.
Ownership after grant: 1,658.438 shares held directly.

The filing reflects a routine equity award for board service rather than an open-market purchase. Given Morgan Stanley鈥檚 multi-billion-share float, the grant is immaterial to valuation or insider-sentiment analysis. No derivative positions, sales, or 10b5-1 plan indications were reported.

Insights

TL;DR: Small automatic DSU grant to director; immaterial to MS fundamentals or trading outlook.

The 1,658-share award represents less than 0.0001% of Morgan Stanley鈥檚 outstanding shares. It is standard board compensation, executed at $0 under the Director Equity Plan. No open-market buying signal and no sale pressure indicated. From a valuation or sentiment standpoint, the event is neutral; investors should focus instead on upcoming earnings, capital ratios, and wealth-management inflows.

TL;DR: Routine equity alignment; governance status unchanged.

Issuing DSUs aligns directors with shareholder interests by tying compensation to stock performance, a governance best practice. However, the modest size means limited incentive shift. Absence of a 10b5-1 designation implies discretionary timing but, given automatic plan nature, raises no red flags. Overall, the filing neither enhances nor detracts from MS鈥檚 governance profile.

08/01/2025 - 05:12 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LaBenne Andrew

(Last)

(First)

(Middle)

C/O LENDINGCLUB CORPORATION

595 MARKET ST. #200

(Street)

SAN FRANCISCO

94105

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
LendingClub Corp [ LC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/30/2025		S⁽¹⁾		17,955	D	$16.6525⁽²⁾	178,111	D
Common Stock								10,000⁽³⁾	I	UTMAs for Children

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan (the "Plan") to diversify the assets of the Reporting Person. As disclosed in, and as of the filing date of, the Issuer's Form 10-Q for the period ending March 31, 2025, the maximum number of shares that can be sold under the Plan, inclusive of the reported transaction, represents 6.3% of the Reporting Person's equity interest in the Issuer.

2. This transaction was executed in multiple trades during the date at prices ranging from $16.50 to $16.73. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.

3. Aggregates 5,000 shares of Issuer's common stock held in each of two UTMA accounts for children of the Reporting Person.

	/s/ Bhavit Sheth, attorney-in-fact	08/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source:

FAQ

How many Morgan Stanley (MS) shares did Lynn J. Good acquire?

The director received 1,658.438 deferred stock units, convertible 1-for-1 into common shares.

Was the transaction an open-market purchase?

No. It was an automatic equity grant under the Directors' Equity Capital Accumulation Plan at a price of $0.

Does the filing involve a Rule 10b5-1 trading plan?

The Rule 10b5-1 box was not checked, indicating the transaction was not executed under such a plan.

What is Lynn J. Good鈥檚 total direct ownership after the grant?

She now directly owns 1,658.438 shares of Morgan Stanley common stock.

Is this insider activity material to Morgan Stanley鈥檚 share price?

Given the small size relative to MS鈥檚 float, analysts view the event as immaterial to valuation or price movement.

AG真人官方

[Form 4] LendingClub Corporation Insider Trading Activity

Insights

FAQ

How many Morgan Stanley (MS) shares did Lynn J. Good acquire?

Was the transaction an open-market purchase?

Does the filing involve a Rule 10b5-1 trading plan?

What is Lynn J. Good鈥檚 total direct ownership after the grant?

Is this insider activity material to Morgan Stanley鈥檚 share price?

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Trending News

[Form 4] LendingClub Corporation Insider Trading Activity

Insights

Securities Analyst neutral

Corporate Governance Specialist neutral

FAQ

How many Morgan Stanley (MS) shares did Lynn J. Good acquire?

Was the transaction an open-market purchase?

Does the filing involve a Rule 10b5-1 trading plan?

What is Lynn J. Good鈥檚 total direct ownership after the grant?

Is this insider activity material to Morgan Stanley鈥檚 share price?

NYSE:LC

LC Rankings

LC Latest News

LC Latest SEC Filings

LC Stock Data