LendingTree (TREE) COO converts restricted stock units into common shares
Filing Impact
Filing Sentiment
Form Type
4
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
2,875 shares exercised/converted
Mixed
4 txns
Insider
Smith Ian Malcolm
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,375 | $0.00 | -- |
| Exercise | Common Stock | 1,375 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,500 | $0.00 | -- |
| Exercise | Common Stock | 1,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 17,983 shares (Direct)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. 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. These restricted stock units will vest in full on March 2, 2026, in accordance with the terms of the original award agreement.
FAQ
What insider transactions did LendingTree (TREE) report for its COO?
LendingTree’s COO Ian Malcolm Smith reported converting restricted stock units into common stock. On March 1 and 2, 2026, he exercised 1,500 and 1,375 units, respectively, receiving an equal number of common shares at no exercise price under existing award agreements.
What do the restricted stock unit conversions mean for LendingTree (TREE) insiders?
The conversions show restricted stock units granted to the COO are vesting and turning into common shares. RSUs convert one-for-one into stock, aligning executive compensation with shareholder value as awards vest under the terms of the original award agreements on specified March 2026 dates.
On what schedule do the COO’s LendingTree (TREE) restricted stock units vest?
One block of restricted stock units vests in two substantially equal installments beginning on March 1, 2026. Another block vests in full on March 2, 2026. Upon vesting, each unit converts into one share of LendingTree common stock according to the award agreements.