LendingTree (NASDAQ: TREE) CAO exercises RSUs, withholds stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LendingTree, Inc. Chief Accounting Officer Carla Shumate reported equity award activity and related tax share withholding. On March 1 and 2, 2026 she exercised restricted stock units into 3,333 and 1,250 shares of common stock, respectively, at a conversion price of $0.00 per share. To cover tax obligations, 1,122 and 345 common shares were withheld at $37.37 per share. After these transactions, she directly holds 16,619 common shares and indirectly holds 18 shares through her daughter. Footnotes note that restricted stock units convert to common stock on a one-for-one basis and describe the scheduled vesting of these awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,583 shares exercised/converted
Mixed
8 txns
Insider
Shumate Carla
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,250 | $0.00 | -- |
| Exercise | Common Stock | 1,250 | $0.00 | -- |
| Tax Withholding | Common Stock | 345 | $37.37 | $13K |
| Exercise | Restricted Stock Units | 3,333 | $0.00 | -- |
| Exercise | Common Stock | 3,333 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,122 | $37.37 | $42K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 16,964 shares (Direct);
Common Stock — 18 shares (Indirect, By Daughter)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. Includes 515 shares of Common Stock acquired under the LendingTree, Inc. Employee Stock Purchase Plan. These restricted stock units will vest in three substantially equal annual installments beginning on March 1, 2025, in accordance with the terms of the original award agreement. These restricted stock units vest as follows: 50% of the restricted stock units will vest on March 2, 2024, the first anniversary of the date of grant and 25% of the restricted stock units will vest on the second and third anniversaries of the date of grant, in accordance with the terms of the original award agreement
FAQ
What insider transactions did LendingTree (TREE) CAO Carla Shumate report?
Carla Shumate reported exercising restricted stock units into common stock and related tax share withholdings. She converted 3,333 and 1,250 restricted stock units into common shares and had 1,122 and 345 shares withheld at $37.37 per share to satisfy tax obligations tied to those awards.
How do Carla Shumate’s restricted stock units in TREE convert into common stock?
Footnotes state that restricted stock units convert into LendingTree common stock on a one-for-one basis. This means each vested unit becomes one share. The Form 4 shows such conversions on March 1 and March 2, 2026, reflecting equity compensation turning into actual common shares.
What is the vesting schedule for Carla Shumate’s LendingTree restricted stock units?
Footnotes describe two vesting schedules. One grant vests in three substantially equal annual installments beginning March 1, 2025. Another vests 50% on March 2, 2024, then 25% on the second and third anniversaries of the grant date, subject to the original award agreement terms.