TREE Form 144 Notice — Insider Plans Sale of 6,469 Shares via Morgan Stanley
Rhea-AI Filing Summary
LendingTree, Inc. (TREE) Form 144 notice reports a proposed sale of 6,469 shares of Common stock through Morgan Stanley Smith Barney. The filing states the shares were originally acquired as restricted stock from the issuer on 02/16/2019. The aggregate market value of the proposed sale is listed as $445,476.04 with an approximate sale date of 08/25/2025 and the securities exchange noted as NASDAQ. The filer indicates no sales by the same person in the past three months and asserts no undisclosed material information concerning the issuer.
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Insights
TL;DR: A routine Form 144 notice for a planned sale of vested restricted stock worth $445k; appears procedural rather than material.
The filing documents a planned brokered sale of 6,469 common shares via Morgan Stanley Smith Barney, with acquisition dated 02/16/2019 identified as restricted stock from the issuer. The aggregate value and share count are explicitly stated and no other recent sales are reported. For investors, this is a disclosure of an insider or affiliate intending to sell eligible restricted shares under Rule 144; the filing itself does not include operational or financial performance details.
TL;DR: Compliance-focused disclosure showing adherence to Rule 144 procedures; no governance red flags are presented.
The notice includes the broker, number of shares, acquisition method, and representation that no nonpublic material information exists. It also confirms no aggregated sales in the prior three months for the reporting person. The filing meets the standard informational requirements for a proposed restricted-share sale and contains the required attestation language regarding material information.