LendingTree CEO converts stock awards into 4,000 shares
Each tranche depends on a specified share-price hurdle, with half vesting when the hurdle is achieved and half on its first anniversary.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
LendingTree, Inc. Chief Executive Officer Scott Peyree converted 4,000 performance-vested restricted stock units into 4,000 common shares on September 30, 2026, one-for-one. On that date, 1,574 common shares were delivered or withheld for payment of exercise price or tax liability at $24.35 per share. The units vest at price hurdles of $41.17, $52.94 and $64.70 during the four-year period after grant; unvested units are forfeited after the fourth anniversary. Peyree reported 9,622 shares held indirectly through a revocable trust.
Insider Trade Summary
4,000 shares exercised/converted
Exercise
6 txns
Insider
Peyree Scott
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Vested Restricted Stock Units F1, F4, F5 | 4,000 | -- | -- |
| Exercise | Common Stock F1, F2 | 4,000 | -- | -- |
| Exercise Price or Tax Liability | Common Stock F2 | 1,574 | $24.35 | $38K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Vested Restricted Stock Units — 0 contracts (Direct);
Common Stock — 125,409 shares (Direct);
Common Stock — 9,622 shares (Indirect, Through a revocable trust);
Common Stock — 3,378 shares (Indirect, Through a grantor retained annuity trust)
Footnotes (5)
- F1. Performance vested restricted stock units convert into common stock on a one-for-one basis.
- F2. Includes 485 shares of Common Stock acquired through the LendingTree, Inc. Employee Stock Purchase Plan on July 1, 2026.
- F3. The reporting person's spouse is the sole beneficiary of this grantor retained annuity trust. The reporting person disclaims beneficial ownership of the shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the shares for purposes of Section 16 or any other purpose.
- F4. These performance vested restricted stock units shall vest upon the Company's achievement of specified price hurdles during the four-year period after the grant date, as follows: (1) at a price of $41.17, 1/3 of the performance vested restricted stock units, of which 1/2 will vest upon the achievement of the price hurdle, and the remaining 1/2 will vest upon the first anniversary of achievement of such price hurdle; (2) at a price of $52.94, 1/3 of the performance vested restricted stock units, of which 1/2 will vest upon the achievement of the price hurdle, and the remaining 1/2 will vest upon the first anniversary of achievement of such price hurdle; and (3) at a price of $64.70, 1/3 of the performance vested restricted stock units, of which 1/2 will vest upon the achievement of the price hurdle, and the remaining 1/2 will vest upon the first anniversary of achievement of such price hurdle.
- F5. (Continued from F4) The price hurdle shall be deemed "achieved" if during the performance period, there is a date on which (with respect to 45 trading days immediately preceding such date) the average closing stock price during such 45-trading-day period of the Company's common stock equaled the applicable price hurdle stock price. To the extent that any Performance Vested RSUs do not become vested by the fourth anniversary of the Award Date, any such unvested performance vested restricted stock units shall be immediately forfeited.
Key Figures
Performance-vested restricted stock units converted: 4,000 units
Common shares delivered or withheld: 1,574 shares
Price per share: $24.35 per share
+4 more
7 metrics
Performance-vested restricted stock units converted
4,000 units
Converted into 4,000 common shares on September 30, 2026
Common shares delivered or withheld
1,574 shares
For payment of exercise price or tax liability on September 30, 2026
Price per share
$24.35 per share
Price associated with the 1,574 common shares delivered or withheld
Performance vesting price hurdles
$41.17, $52.94 and $64.70
Applicable stock-price hurdles during the four-year period after grant
Indirect common shareholding
9,622 shares
Held through a revocable trust as of September 30, 2026
Price-hurdle measurement period
45 trading days
Preceding period used to determine whether a price hurdle was achieved
Performance period
Four years
Period after grant during which the specified price hurdles apply
Key Terms
Performance vested restricted stock units, price hurdle, Employee Stock Purchase Plan, grantor retained annuity trust
4 terms
Performance vested restricted stock units financial
"Performance vested restricted stock units convert into common stock"
price hurdle financial
"there is a date on which ... the average closing stock price ... equaled the applicable price hurdle"
Employee Stock Purchase Plan financial
"acquired through the LendingTree, Inc. Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
grantor retained annuity trust financial
"the sole beneficiary of this grantor retained annuity trust"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many TREE restricted stock units did CEO Scott Peyree convert?
Scott Peyree converted 4,000 performance-vested restricted stock units into 4,000 common shares on September 30, 2026. The units convert into common stock on a one-for-one basis.
What are the vesting conditions for Scott Peyree's TREE performance-vested restricted stock units?
The $41.17, $52.94 and $64.70 price hurdles each apply to one-third of the units. Half of each portion vests upon achievement of its hurdle, and the other half vests on the first anniversary. A hurdle is achieved when the average closing price over the preceding 45 trading days equals the applicable price; units not vested by the fourth anniversary are forfeited.
AI-generated analysis. How Rhea-AI works. Not financial advice.
