# Happen, Inc. (HAPN)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/happen-inc/ JSON: https://steadybase.io/company/happen-inc.json Checked Nov 10, 2026. Latest filing read: Oct 29, 2026.

## Company

- Legal name: Happen, Inc.
- Ticker: HAPN (Nasdaq)
- SEC CIK: 0001409970
- Industry: Personal Credit Institutions (SIC 6141)
- Headquarters: San Francisco, CA
- Fiscal year ends: December 31
- SEC filer category: Large accelerated filer
- Website: lendingclub.com
- LinkedIn: https://www.linkedin.com/company/lending-club
- Next earnings date: Jan 25, 2027 (estimated from past 8-K timing)

## Key facts

- Revenue: $998.8M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 12, 2026). Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/0001409970-26-000018-index.html
- Net income: $135.7M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 12, 2026). Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/0001409970-26-000018-index.html
- SG&A: $292.1M for the fiscal year ended Dec 31, 2020 (10-K filed Mar 11, 2021). Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997021000016/0001409970-21-000016-index.html
- Employees: 1,075 as of Dec 31, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/lc-20251231.htm
- Shares outstanding: 115,202,539 as of Oct 16, 2026 (10-Q filed Oct 29, 2026). Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000201/0001409970-26-000201-index.html
- Auditor: Deloitte & Touche LLP, San Francisco, California, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/lc-20251231.htm

## Business

S. consumers that we refer to as the “motivated middle.” These consumers are digitally capable, value-conscious, and make frequent use of credit to achieve intentional financial goals; however, they are often poorly served by traditional financial institutions due to structural inefficiencies and limited transparency. Our branchless, mobile-first platform enables members to apply for and manage lending and banking products digitally, delivering competitive pricing and a streamlined experience.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/lc-20251231.htm

## Annual results

| Fiscal year ended | Revenue | Net income | SG&A |
|---|---|---|---|
| Dec 31, 2025 | $998.8M | $135.7M | n/a |
| Dec 31, 2024 | $787.0M | $51.3M | n/a |
| Dec 31, 2023 | $864.6M | $38.9M | n/a |
| Dec 31, 2022 | $1.2B | $289.7M | n/a |
| Dec 31, 2021 | $818.6M | $18.6M | n/a |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/happen-inc.json

## Officers and directors

- Andrew LaBenne, Chief Financial Officer. Source: Form 4 filed Aug 27, 2026, https://www.sec.gov/Archives/edgar/data/1409970/000140997026000182/0001409970-26-000182-index.htm
- Scott Sanborn, CEO, Happen, Inc. LinkedIn: https://www.linkedin.com/in/scottsanborn. Source: 8-K filed Oct 28, 2026, https://www.sec.gov/Archives/edgar/data/1409970/000140997026000198/q326exhibit991er.htm
- Jordan Cheng, General Counsel & Secretary. LinkedIn: https://linkedin.com/in/jordan-cheng-2367291. Source: Form 4 filed Sep 4, 2026, https://www.sec.gov/Archives/edgar/data/1409970/000140997026000194/0001409970-26-000194-index.htm
- Fergal Stack, SVP, Corporate Controller. Source: Form 4 filed Aug 27, 2026, https://www.sec.gov/Archives/edgar/data/1409970/000140997026000190/0001409970-26-000190-index.htm
- Steven C. Mattics, Bank - Chief Lending Officer. Source: Form 4 filed Aug 27, 2026, https://www.sec.gov/Archives/edgar/data/1409970/000140997026000184/0001409970-26-000184-index.htm
- Dov Eytan Haselkorn, Chief Risk Officer. Source: Form 4 filed Mar 9, 2026, https://www.sec.gov/Archives/edgar/data/1409970/000140997026000044/0001409970-26-000044-index.htm
- Allan Landon, Director. Source: 10-K filed Feb 12, 2026, https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/lc-20251231.htm
- Erin Selleck, Director. Source: 10-K filed Feb 12, 2026, https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/lc-20251231.htm
- Faiz Ahmad, Director. Source: 10-K filed Feb 12, 2026, https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/lc-20251231.htm
- Janey Whiteside, Director. Source: 10-K filed Feb 12, 2026, https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/lc-20251231.htm
- John C. Morris, Director. Source: 10-K filed Feb 12, 2026, https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/lc-20251231.htm
- Kathryn S. Reimann, Director. Source: 10-K filed Feb 12, 2026, https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/lc-20251231.htm
- Michael Zeisser, Director. Source: 10-K filed Feb 12, 2026, https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/lc-20251231.htm
- Stephen Cutler, Director. Source: 10-K filed Feb 12, 2026, https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/lc-20251231.htm
- Timothy J. Mayopoulos, Director. Source: 10-K filed Feb 12, 2026, https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/lc-20251231.htm
- Dov Haselkorn, Named in proxy. Source: DEF 14A filed Apr 21, 2026, https://www.sec.gov/Archives/edgar/data/1409970/000114036126015923/ny20064250x2_def14a.htm
- Kathryn Reimann, Board member (per proxy). Source: DEF 14A filed Apr 21, 2026, https://www.sec.gov/Archives/edgar/data/1409970/000114036126015923/ny20064250x2_def14a.htm
- Steven Mattics, Named in proxy. LinkedIn: https://linkedin.com/in/stevenmattics. Source: DEF 14A filed Apr 21, 2026, https://www.sec.gov/Archives/edgar/data/1409970/000114036126015923/ny20064250x2_def14a.htm
- Timothy Mayopoulos, Board member (per proxy). Source: DEF 14A filed Apr 21, 2026, https://www.sec.gov/Archives/edgar/data/1409970/000114036126015923/ny20064250x2_def14a.htm

## Recent 8-K events

- Oct 28, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000198/lc-20261028.htm
- Jul 27, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000159/lc-20260727.htm
- Jun 22, 2026: Item 5.03, Amendments to articles or bylaws; change in fiscal year; Item 7.01, Regulation FD disclosure; Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000140/lc-20260622.htm
- Jun 4, 2026: Item 5.07, Submission of matters to a vote of security holders. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000098/lc-20260602.htm
- Jun 2, 2026: Item 3.01, Notice of delisting or failure to meet listing standards; Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000087/lc-20260602.htm
- Apr 27, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000059/lc-20260427.htm
- Jan 28, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000014/lc-20260128.htm
- Jan 27, 2026: Item 5.02, Departure or appointment of directors or officers; compensation. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000012/lc-20260122.htm
- Nov 5, 2025: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997025000077/lc-20251104.htm
- Oct 22, 2025: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997025000069/lc-20251022.htm

## Insider trades (Form 4)

- Nov 5, 2026: Jordan Cheng (General Counsel & Secretary) sold 2,800 shares, about $46,928. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000207/0001409970-26-000207-index.htm
- Oct 29, 2026: Jordan Cheng (General Counsel & Secretary) sold 2,800 shares, about $44,800. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000204/0001409970-26-000204-index.htm
- Sep 15, 2026: Erin Selleck (Director) sold 7,148 shares, about $119,229. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000196/0001409970-26-000196-index.htm
- Sep 4, 2026: Erin Selleck (Director) sold 2,057 shares, about $35,812. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000192/0001409970-26-000192-index.htm
- Sep 3, 2026: Jordan Cheng (General Counsel & Secretary) sold 2,800 shares, about $49,168. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000194/0001409970-26-000194-index.htm
- Aug 26, 2026: Scott Sanborn (CEO) sold 28,750 shares, about $524,688. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000186/0001409970-26-000186-index.htm
- Aug 20, 2026: Fergal Stack (SVP, Corporate Controller) sold 115,000 shares, about $2.1M. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000172/0001409970-26-000172-index.htm
- Aug 10, 2026: Andrew LaBenne (Chief Financial Officer) sold 13,929 shares, about $269,805. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000169/0001409970-26-000169-index.htm
- Aug 5, 2026: Scott Sanborn (CEO) sold 28,750 shares, about $591,100. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000166/0001409970-26-000166-index.htm
- Jul 15, 2026: Scott Sanborn (CEO) sold 28,750 shares, about $577,300. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000155/0001409970-26-000155-index.htm
- Jul 1, 2026: Fergal Stack (SVP, Corporate Controller) sold 50,000 shares, about $1.1M. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000152/0001409970-26-000152-index.htm
- Jul 1, 2026: Scott Sanborn (CEO) sold 25,000 shares, about $525,000. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000150/0001409970-26-000150-index.htm
- Jul 1, 2026: Jordan Cheng (General Counsel & Secretary) sold 5,500 shares, about $114,675. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000148/0001409970-26-000148-index.htm
- Jun 24, 2026: Scott Sanborn (CEO) sold 28,750 shares, about $551,138. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000143/0001409970-26-000143-index.htm
- Jun 16, 2026: Fergal Stack (SVP, Corporate Controller) sold 60,000 shares, about $1.1M. Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000133/0001409970-26-000133-index.htm

## What management said

- "We had another great quarter, effectively navigating the dynamic rate environment to deliver record pre-tax income of $76.8 million and a return on tangible common equity of 15.8%, while growing originations 26% year-over-year to $3.3 billion" Scott Sanborn, CEO, Happen, Inc (8-K filed Oct 28, 2026). Source: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000198/q326exhibit991er.htm

## Latest filings

- 8-K filed Oct 28, 2026: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000198/lc-20261028.htm
- 10-K filed Feb 12, 2026: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/lc-20251231.htm
- 10-Q filed Oct 29, 2026: https://www.sec.gov/Archives/edgar/data/1409970/000140997026000201/hapn-20260930.htm
- DEF 14A filed Apr 21, 2026: https://www.sec.gov/Archives/edgar/data/1409970/000114036126015923/ny20064250x2_def14a.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/