Scott Sanborn

CEO Scott Sanborn sells 28,750 shares of Happen Inc. (HAPN) at $19.17 via scheduled 10b5-1 plan; retains 1,561,063 shares

Scott Sanborn, CEO of Happen Inc., sold 28,750 shares at $19.17 on 2026-06-24 as part of a pre-arranged 10b5-1 trading plan, reducing his holdings from 1,589,813 shares to 1,561,063 shares. The transaction was scheduled rather than discretionary, meaning the timing and size were determined in advance and not a response to current market conditions or strategic reassessment. Although HAPN is only 5 trading days post-IPO and current price stands at $20.10, the scheduled nature of the plan precludes attribution to any particular conviction or concern about near-term valuation. The company shows solid fundamentals with $252.3M quarterly revenue, $51.6M net income, 26.9% annual revenue growth, and a 13.22 P/E ratio, though investors should note that 52-week metrics are not yet meaningful given the recent listing.

LendingClub CEO Sanborn Scott sold 30,000 shares at $19.29 on 2025-10-23; stock now near 52-week high of $18.43

Sanborn Scott, CEO of LendingClub, sold 30,000 shares at $19.29 on 2025-10-23, reducing his holdings from 1.24M to 1.21M shares (-2.4%). The sale occurred when the stock was trading above its current price of $18.43, which now sits at the 52-week high. In his prior same-ticker activity, Scott's September 2025 sale showed a -3.1% return over the subsequent 30 days, and his October 2023 purchase demonstrated a +73.3% return over 90 days. The stock has risen 10.4% over the last 30 days and 43.6% over 90 days from this transaction date, suggesting the October sale was not positioned ahead of sustained gains. Against the company's fundamentals—revenue of $248.4M, net income of $38.2M, but annual revenue growth of -9.0%—this sale by the chief executive occurred during a period of price appreciation in an otherwise declining revenue environment.

LendingClub CEO Sanborn Scott sold 30,000 shares at $17.04, retaining 1.24M shares post-sale.

Sanborn Scott sold 30,000 shares (30.0K shares) of LendingClub at $17.04 on 2025-09-15, representing a 2.4% reduction in his 1.27M-share position. The stock has since risen to $17.22 (a modest gain from the transaction price) and has appreciated 53.5% over 90 days, placing the sale-point near the lower end of the 52-week range of $8.56–$17.91. Scott retains substantial holdings of 1.24M shares, indicating material ongoing exposure to the company. His cross-ticker track record shows a 100% win rate on prior buys, though this is his first reported sale activity; the one prior LC transaction (a buy on 2023-10-31) was well-timed at the 90-day mark with a +73.3% 90-day return. The company faces headwinds: annual revenue growth is -9.0%, and the P/E of 26.49 suggests the market is pricing in elevated expectations despite the recent revenue contraction.