Scott Sanborn Sells 28,750 Shares of Lendingclub (NASDAQ:HAPN) Stock

Lendingclub Corp (NASDAQ:HAPNGet Free Report) CEO Scott Sanborn sold 28,750 shares of the firm’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $19.17, for a total value of $551,137.50. Following the completion of the transaction, the chief executive officer owned 1,561,063 shares in the company, valued at $29,925,577.71. The trade was a 1.81% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Lendingclub Stock Up 2.2%

HAPN traded up $0.43 on Friday, hitting $20.10. 4,727,608 shares of the company’s stock were exchanged, compared to its average volume of 2,218,670. Lendingclub Corp has a fifty-two week low of $11.75 and a fifty-two week high of $21.67.

About Lendingclub

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