LendingTree COO converts RSUs to common stock
LendingTree, Inc. Chief Operating Officer Ian Malcolm Smith reported the exercise and conversion of restricted stock units into common stock.
Rhea-AI Filing Summary
LendingTree, Inc. Chief Operating Officer Ian Malcolm Smith reported the exercise and conversion of restricted stock units into common stock. On March 1, 1,500 restricted stock units converted into 1,500 common shares, and on March 2, 1,375 restricted stock units converted into 1,375 common shares at no exercise price. Restricted stock units convert into common stock on a one-for-one basis, with one grant vesting in two substantially equal installments beginning on March 1, 2026, and another vesting in full on March 2, 2026. Following these transactions, Smith directly held 17,983 shares of LendingTree common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,375 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,375 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,500 | $0.00 | $0.00 |
Footnotes (3)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. These restricted stock units vest in two substantially equal installments beginning on March 1, 2026, in accordance with the terms of the original award agreement.
- F3. These restricted stock units will vest in full on March 2, 2026, in accordance with the terms of the original award agreement.
FAQ
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What insider transactions did LendingTree (TREE) report for its COO?
What do the restricted stock unit conversions mean for LendingTree (TREE) insiders?
On what schedule do the COO’s LendingTree (TREE) restricted stock units vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.