Happen, Inc.
LC · Personal Credit Institutions · 115.4M shares · +2%/yr ↑ shares · EDGAR filings ↗
Reference price $19.00 · est. market cap ~$2.2B — last insider sale, 2026-06-16 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C66LendingClub — fintech consumer lender/bank with modest returns.
Strengths
- ROE 9% with a deposit-funded bank charter; no debt at holdco
- Growing marketplace + balance-sheet lending
Risks
- Consumer-credit-cycle sensitivity; loan-growth funding needs
- Negative reported FCF reflects loan originations, not distress
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Net margin
13.6%
Return on equity
9.0%
Return on assets
1.2%
Revenue growth (QoQ)
-5.3%
Net-income growth
164.3%
Debt / equity
0.0×
Free cash flow
-$2.9B
Tangible book value
$1.4B
Stock comp / revenue
3.4%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-16 | Stack Fergal | Sell | 60K | $19.00 |
| 2026-06-10 | Cheng Jordan | Sell | 5.5K | $17.46 |
| 2026-06-09 | Sanborn Scott | Sell | 4.9K | $18.00 |
| 2026-06-02 | LANDON ALLAN R | Grant | 14K | — |
| 2026-06-02 | Cutler Stephen M | Grant | 14K | — |
| 2026-06-02 | Ahmad Syed Faiz | Grant | 14K | — |
| 2026-06-02 | Sanborn Scott | Sell | 24K | $17.86 |
| 2026-06-02 | Selleck Erin | Grant | 14K | — |
| 2026-06-02 | Reimann Kathryn | Grant | 14K | — |
| 2026-06-02 | Mayopoulos Timothy J | Grant | 14K | — |
| 2026-06-02 | ZEISSER MICHAEL P | Grant | 14K | — |
| 2026-06-02 | Whiteside Janey | Grant | 14K | — |
| 2026-05-28 | Cheng Jordan | Sell | 5.5K | $17.00 |
| 2026-05-28 | LaBenne Andrew | Sell | 20K | $17.00 |
| 2026-05-25 | Sanborn Scott | Tax withheld | 15K | $15.63 |
| 2026-05-25 | Cheng Jordan | Option exercise | 5.7K | — |
| 2026-05-25 | Cheng Jordan | Option exercise | 3.5K | — |
| 2026-05-25 | Cheng Jordan | Option exercise | 2.9K | — |
| 2026-05-25 | Cheng Jordan | Tax withheld | 5.5K | $15.63 |
| 2026-05-25 | Stack Fergal | Tax withheld | 2.7K | $15.63 |
| 2026-05-25 | Stack Fergal | Option exercise | 3.1K | — |
| 2026-05-25 | Stack Fergal | Option exercise | 1.9K | — |
| 2026-05-25 | Stack Fergal | Option exercise | 1.6K | — |
| 2026-05-25 | Mattics Steven C | Option exercise | 84K | — |
| 2026-05-25 | Mattics Steven C | Option exercise | 6.2K | — |
| 2026-05-25 | Mattics Steven C | Tax withheld | 39K | $15.63 |
| 2026-05-25 | LaBenne Andrew | Option exercise | 12K | — |
| 2026-05-25 | LaBenne Andrew | Option exercise | 7.5K | — |
| 2026-05-25 | LaBenne Andrew | Option exercise | 6.2K | — |
| 2026-05-25 | LaBenne Andrew | Tax withheld | 13K | $15.63 |
| 2026-05-25 | Sanborn Scott | Option exercise | 13K | — |
| 2026-05-25 | Sanborn Scott | Option exercise | 8.0K | — |
| 2026-05-25 | Sanborn Scott | Option exercise | 6.6K | — |
| 2026-03-05 | Selleck Erin | Sell | 2.4K | $15.46 |
| 2026-02-25 | Sanborn Scott | Option exercise | 13K | — |
| 2026-02-25 | Sanborn Scott | Option exercise | 15K | — |
| 2026-02-25 | Sanborn Scott | Option exercise | 499K | — |
| 2026-02-25 | Sanborn Scott | Option exercise | 8.0K | — |
| 2026-02-25 | Sanborn Scott | Tax withheld | 286K | $15.02 |
| 2026-02-25 | Cheng Jordan | Option exercise | 2.9K | — |
| 2026-02-25 | Cheng Jordan | Option exercise | 5.7K | — |
| 2026-02-25 | Cheng Jordan | Option exercise | 3.5K | — |
| 2026-02-25 | Cheng Jordan | Tax withheld | 6.0K | $15.02 |
| 2026-02-25 | Stack Fergal | Option exercise | 5.6K | — |
| 2026-02-25 | Stack Fergal | Option exercise | 3.1K | — |
| 2026-02-25 | Stack Fergal | Option exercise | 1.9K | — |
| 2026-02-25 | Stack Fergal | Tax withheld | 4.8K | $15.02 |
| 2026-02-25 | LaBenne Andrew | Option exercise | 11K | — |
| 2026-02-25 | LaBenne Andrew | Option exercise | 12K | — |
| 2026-02-25 | LaBenne Andrew | Option exercise | 7.5K | — |
| 2026-02-25 | LaBenne Andrew | Tax withheld | 16K | $15.02 |
| 2026-02-25 | ARMSTRONG ANNIE | Option exercise | 7.7K | — |
| 2026-02-25 | ARMSTRONG ANNIE | Option exercise | 8.9K | — |
| 2026-02-25 | ARMSTRONG ANNIE | Option exercise | 5.0K | — |
| 2026-02-25 | ARMSTRONG ANNIE | Tax withheld | 12K | $15.02 |
| 2026-02-17 | LaBenne Andrew | Gift | 2.0K | — |
| 2026-02-17 | LaBenne Andrew | Gift | 1.0K | — |
| 2026-02-17 | LaBenne Andrew | Gift | 2.0K | — |
| 2026-02-17 | ARMSTRONG ANNIE | Sell | 5.3K | $15.47 |
| 2026-01-16 | LaBenne Andrew | Grant | 71K | — |
| 2026-01-16 | LaBenne Andrew | Tax withheld | 37K | $20.36 |
| 2026-01-16 | ARMSTRONG ANNIE | Grant | 51K | — |
| 2026-01-16 | ARMSTRONG ANNIE | Tax withheld | 27K | $20.36 |
| 2026-01-16 | ARMSTRONG ANNIE | Sell | 6.7K | $20.38 |
| 2026-01-16 | Sanborn Scott | Grant | 279K | — |
| 2026-01-16 | Sanborn Scott | Tax withheld | 149K | $20.36 |
| 2025-12-22 | ARMSTRONG ANNIE | Sell | 1.3K | $20.02 |
| 2025-12-17 | ARMSTRONG ANNIE | Sell | 5.3K | $18.83 |
| 2025-12-11 | ARMSTRONG ANNIE | Sell | 5.3K | $20.00 |
| 2025-12-05 | Selleck Erin | Sell | 2.4K | $19.47 |
| 2025-11-25 | Stack Fergal | Option exercise | 5.6K | — |
| 2025-11-25 | Stack Fergal | Option exercise | 3.1K | — |
| 2025-11-25 | Stack Fergal | Option exercise | 1.9K | — |
| 2025-11-25 | Stack Fergal | Tax withheld | 4.3K | $16.80 |
| 2025-11-25 | Sanborn Scott | Option exercise | 15K | — |
| 2025-11-25 | Sanborn Scott | Option exercise | 13K | — |
| 2025-11-25 | Sanborn Scott | Option exercise | 8.0K | — |
| 2025-11-25 | Sanborn Scott | Tax withheld | 19K | $16.80 |
| 2025-11-25 | LaBenne Andrew | Option exercise | 11K | — |
| 2025-11-25 | LaBenne Andrew | Option exercise | 12K | — |
| 2025-11-25 | LaBenne Andrew | Option exercise | 7.5K | — |
| 2025-11-25 | LaBenne Andrew | Tax withheld | 16K | $16.80 |
| 2025-11-25 | Cheng Jordan | Option exercise | 2.9K | — |
| 2025-11-25 | Cheng Jordan | Option exercise | 5.7K | — |
| 2025-11-25 | Cheng Jordan | Option exercise | 3.5K | — |
| 2025-11-25 | Cheng Jordan | Tax withheld | 5.6K | $16.80 |
| 2025-11-25 | ARMSTRONG ANNIE | Option exercise | 7.7K | — |
| 2025-11-25 | ARMSTRONG ANNIE | Option exercise | 8.9K | — |
| 2025-11-25 | ARMSTRONG ANNIE | Option exercise | 5.0K | — |
| 2025-11-25 | ARMSTRONG ANNIE | Tax withheld | 12K | $16.80 |
| 2025-11-17 | ARMSTRONG ANNIE | Sell | 5.3K | $17.10 |
| 2025-10-23 | Sanborn Scott | Sell | 30K | $19.29 |
| 2025-10-17 | ARMSTRONG ANNIE | Sell | 5.3K | $15.51 |
| 2025-09-17 | ARMSTRONG ANNIE | Sell | 5.3K | $17.19 |
| 2025-09-15 | LaBenne Andrew | Sell | 21K | $17.04 |
| 2025-09-15 | Sanborn Scott | Sell | 30K | $17.04 |
| 2025-09-05 | Selleck Erin | Sell | 2.4K | $16.82 |
| 2025-09-02 | Sanborn Scott | Sell | 30K | $16.65 |
| 2025-08-28 | ARMSTRONG ANNIE | Sell | 5.3K | $16.91 |
| 2025-08-25 | Stack Fergal | Option exercise | 3.1K | — |
| 2025-08-25 | Stack Fergal | Option exercise | 1.9K | — |
| 2025-08-25 | Stack Fergal | Tax withheld | 4.3K | $16.31 |
| 2025-08-25 | Sanborn Scott | Option exercise | 15K | — |
| 2025-08-25 | Sanborn Scott | Option exercise | 13K | — |
| 2025-08-25 | Sanborn Scott | Option exercise | 8.0K | — |
| 2025-08-25 | Sanborn Scott | Tax withheld | 19K | $16.31 |
| 2025-08-25 | LaBenne Andrew | Option exercise | 20K | — |
| 2025-08-25 | LaBenne Andrew | Option exercise | 11K | — |
| 2025-08-25 | LaBenne Andrew | Option exercise | 12K | — |
| 2025-08-25 | LaBenne Andrew | Option exercise | 7.5K | — |
| 2025-08-25 | LaBenne Andrew | Tax withheld | 26K | $16.31 |
| 2025-08-25 | Cheng Jordan | Option exercise | 2.9K | — |
| 2025-08-25 | Cheng Jordan | Option exercise | 5.7K | — |
| 2025-08-25 | Cheng Jordan | Option exercise | 3.5K | — |
| 2025-08-25 | Cheng Jordan | Tax withheld | 5.5K | $16.31 |
| 2025-08-25 | ARMSTRONG ANNIE | Option exercise | 8.9K | — |
| 2025-08-25 | ARMSTRONG ANNIE | Option exercise | 5.0K | — |
| 2025-08-25 | ARMSTRONG ANNIE | Tax withheld | 12K | $16.31 |
| 2025-08-25 | ARMSTRONG ANNIE | Option exercise | 7.7K | — |
| 2025-08-25 | Stack Fergal | Option exercise | 5.6K | — |
| 2025-07-30 | LaBenne Andrew | Sell | 18K | $16.65 |
| 2025-07-17 | Sanborn Scott | Sell | 5.2K | $12.98 |
| 2025-07-03 | Sanborn Scott | Sell | 5.2K | $12.56 |
| 2025-06-20 | Sanborn Scott | Sell | 5.2K | $11.15 |
| 2025-06-13 | Selleck Erin | Sell | 3.1K | $10.70 |
| 2025-06-05 | Sanborn Scott | Sell | 5.2K | $10.30 |
| 2025-06-03 | ZEISSER MICHAEL P | Grant | 19K | — |
| 2025-06-03 | Whiteside Janey | Grant | 19K | — |
| 2025-06-03 | Selleck Erin | Grant | 19K | — |
| 2025-06-03 | Reimann Kathryn | Grant | 19K | — |
| 2025-06-03 | Morris John C. | Grant | 19K | — |
| 2025-06-03 | Mayopoulos Timothy J | Grant | 19K | — |
| 2025-06-03 | LANDON ALLAN R | Grant | 19K | — |
| 2025-06-03 | Cutler Stephen M | Grant | 19K | — |
| 2025-06-03 | Ahmad Syed Faiz | Grant | 19K | — |
| 2025-05-25 | LaBenne Andrew | Option exercise | 12K | — |
| 2025-05-25 | Stack Fergal | Option exercise | 5.6K | — |
| 2025-05-25 | Stack Fergal | Option exercise | 3.1K | — |
| 2025-05-25 | Stack Fergal | Option exercise | 1.9K | — |
| 2025-05-25 | Stack Fergal | Tax withheld | 4.3K | $9.86 |
| 2025-05-25 | Sanborn Scott | Option exercise | 15K | — |
| 2025-05-25 | Sanborn Scott | Option exercise | 13K | — |
| 2025-05-25 | Sanborn Scott | Option exercise | 8.0K | — |
| 2025-05-25 | Sanborn Scott | Tax withheld | 19K | $9.86 |
| 2025-05-25 | LaBenne Andrew | Option exercise | 20K | — |
| 2025-05-25 | LaBenne Andrew | Option exercise | 11K | — |
| 2025-05-25 | LaBenne Andrew | Option exercise | 7.5K | — |
| 2025-05-25 | LaBenne Andrew | Tax withheld | 26K | $9.86 |
| 2025-05-25 | Cheng Jordan | Option exercise | 2.9K | — |
| 2025-05-25 | Cheng Jordan | Option exercise | 5.7K | — |
| 2025-05-25 | Cheng Jordan | Option exercise | 3.5K | — |
| 2025-05-25 | Cheng Jordan | Tax withheld | 5.5K | $9.86 |
| 2025-05-25 | ARMSTRONG ANNIE | Option exercise | 7.7K | — |
| 2025-05-25 | ARMSTRONG ANNIE | Option exercise | 8.9K | — |
| 2025-05-25 | ARMSTRONG ANNIE | Option exercise | 5.0K | — |
| 2025-05-25 | ARMSTRONG ANNIE | Tax withheld | 12K | $9.86 |
| 2025-05-15 | Sanborn Scott | Sell | 5.2K | $10.65 |
| 2025-05-01 | Sanborn Scott | Sell | 5.2K | $10.00 |
| 2025-04-30 | ZEISSER MICHAEL P | Buy | 20K | $9.35 |
| 2025-04-23 | Sanborn Scott | Sell | 5.2K | $10.34 |
| 2025-04-09 | Sanborn Scott | Sell | 5.2K | $10.00 |
| 2025-03-13 | Selleck Erin | Sell | 3.1K | $10.53 |
| 2025-02-25 | Sanborn Scott | Option exercise | 15K | — |
| 2025-02-25 | Sanborn Scott | Option exercise | 13K | — |
| 2025-02-25 | Sanborn Scott | Disposition | 8.3K | $12.47 |
| 2025-02-25 | Sanborn Scott | Tax withheld | 15K | $12.47 |
| 2025-02-25 | LaBenne Andrew | Option exercise | 20K | — |
| 2025-02-25 | LaBenne Andrew | Option exercise | 11K | — |
| 2025-02-25 | LaBenne Andrew | Option exercise | 12K | — |
| 2025-02-25 | Cheng Jordan | Option exercise | 2.1K | — |
| 2025-02-25 | Cheng Jordan | Option exercise | 2.9K | — |
| 2025-02-25 | Cheng Jordan | Option exercise | 5.7K | — |
| 2025-02-25 | Cheng Jordan | Tax withheld | 5.4K | $12.47 |
| 2025-02-25 | ARMSTRONG ANNIE | Option exercise | 4.3K | — |
| 2025-02-25 | ARMSTRONG ANNIE | Option exercise | 7.7K | — |
| 2025-02-25 | ARMSTRONG ANNIE | Option exercise | 8.9K | — |
| 2025-02-25 | ARMSTRONG ANNIE | Tax withheld | 12K | $12.47 |
| 2025-02-25 | LaBenne Andrew | Tax withheld | 23K | $12.47 |
| 2025-02-25 | Stack Fergal | Option exercise | 3.1K | — |
| 2025-02-25 | Stack Fergal | Option exercise | 5.6K | — |
| 2025-02-25 | Stack Fergal | Option exercise | 3.1K | — |
| 2025-02-25 | Stack Fergal | Tax withheld | 5.3K | $12.47 |
| 2025-02-25 | Sanborn Scott | Option exercise | 8.3K | — |
| 2025-02-20 | Cheng Jordan | Sell | 7.0K | $13.88 |
| 2025-02-19 | Cheng Jordan | Sell | 7.0K | $14.10 |
| 2025-02-19 | Selleck Erin | Sell | 6.1K | $14.10 |
| 2025-02-06 | Sanborn Scott | Sell | 17K | $13.76 |
| 2025-02-05 | Selleck Erin | Sell | 703 | $13.21 |
| 2025-02-03 | ZEISSER MICHAEL P | Buy | 20K | $12.88 |
| 2025-02-03 | LaBenne Andrew | Gift | 2.0K | — |
| 2025-02-03 | LaBenne Andrew | Gift | 1.0K | — |
| 2025-02-03 | LaBenne Andrew | Gift | 2.0K | — |
| 2025-01-02 | Sanborn Scott | Sell | 17K | $16.12 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-22 | 5.03Reg FDOtherExhibits | filing ↗ |
| 2026-06-04 | Shareholder vote | filing ↗ |
| 2026-06-02 | Delisting noticeReg FDExhibits | filing ↗ |
| 2026-04-27 | ResultsExhibits | filing ↗ |
| 2026-01-28 | ResultsExhibits | filing ↗ |
| 2026-01-27 | Exec/director change | filing ↗ |
| 2025-11-05 | Reg FDExhibits | filing ↗ |
| 2025-10-22 | ResultsExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-22 | 2026-06-22 | 0001409970-26-000140 ↗ |
| 8-K | 2026-06-04 | 2026-06-02 | 0001409970-26-000098 ↗ |
| 8-K | 2026-06-02 | 2026-06-02 | 0001409970-26-000087 ↗ |
| 10-Q | 2026-04-30 | 2026-03-31 | 0001409970-26-000062 ↗ |
| 8-K | 2026-04-27 | 2026-04-27 | 0001409970-26-000059 ↗ |
| 10-K | 2026-02-12 | 2025-12-31 | 0001409970-26-000018 ↗ |
| 8-K | 2026-01-28 | 2026-01-28 | 0001409970-26-000014 ↗ |
| 8-K | 2026-01-27 | 2026-01-22 | 0001409970-26-000012 ↗ |
| 8-K | 2025-11-05 | 2025-11-04 | 0001409970-25-000077 ↗ |
| 10-Q | 2025-10-30 | 2025-09-30 | 0001409970-25-000074 ↗ |
| 8-K | 2025-10-22 | 2025-10-22 | 0001409970-25-000069 ↗ |
| 10-Q | 2025-07-31 | 2025-06-30 | 0001409970-25-000029 ↗ |