Director at LendingTree (NASDAQ: TREE) awarded 5,000 RSUs, now holds 18,139 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LendingTree, Inc. director Thomas M. Davidson Jr. reported equity compensation and a routine share increase. On June 17, 2026, he received a grant of 5,000 restricted stock units (RSUs), which convert into common stock on a one-for-one basis and vest based on future board service, a change in control, or certain life events.
On June 11, 2026, he exercised 5,000 previously granted RSUs, receiving 5,000 shares of common stock. Following these transactions, he directly owns 18,139 shares of LendingTree common stock, reflecting compensation-related awards and an RSU conversion rather than any open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,000 shares exercised/converted
Mixed
3 txns
Insider
Davidson Thomas M JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,000 | $0.00 | -- |
| Exercise | Restricted Stock Units | 5,000 | $0.00 | -- |
| Exercise | Common Stock | 5,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 5,000 shares (Direct, null);
Common Stock — 18,139 shares (Direct, null)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. On June 11, 2025, the Reporting Person was granted 5,000 restricted stock units that vested on the earliest of (i) the first anniversary of the date of the Company's 2025 Annual Meeting of Stockholders; (ii) the date of the Company's 2026 Annual Meeting of Stockholders; (iii) a change in control of the Company; and (iv) the director's death or disability. These restricted stock units will vest on the earliest of (i) the first anniversary of the date of the Company's 2026 Annual Meeting of Stockholders; (ii) the date of the Company's 2027 Annual Meeting of Stockholders; (iii) a change in control of the Company; and (iv) the director's death or disability.
Key Figures
RSUs granted: 5,000 units
RSUs exercised: 5,000 units
Shares after transactions: 18,139 shares
+1 more
4 metrics
RSUs granted
5,000 units
Restricted Stock Units granted June 17, 2026
RSUs exercised
5,000 units
RSUs exercised into common stock on June 11, 2026
Shares after transactions
18,139 shares
Common stock directly owned after June 11, 2026 exercise
RSU conversion ratio
1:1
Each restricted stock unit converts into one share of common stock
Key Terms
Restricted Stock Units, derivative security, change in control, Annual Meeting of Stockholders
4 terms
Restricted Stock Units financial
"Restricted stock units convert into common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
change in control financial
"the date of the Company's 2026 Annual Meeting of Stockholders; (iii) a change in control of the Company"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Annual Meeting of Stockholders financial
"first anniversary of the date of the Company's 2026 Annual Meeting of Stockholders"
FAQ
What did LendingTree (TREE) director Thomas M. Davidson Jr. report in this Form 4?
He reported equity compensation activity, including a grant of 5,000 restricted stock units and the exercise of 5,000 previously granted RSUs into common stock, increasing his directly held LendingTree share count to 18,139 after the transactions.
How many restricted stock units did the LendingTree (TREE) director receive?
Thomas M. Davidson Jr. received a grant of 5,000 restricted stock units. Each RSU converts into one share of LendingTree common stock, providing stock-based compensation that vests over time based on continued board service or specified corporate or personal events.
When do the newly granted LendingTree (TREE) RSUs vest for the director?
The 5,000 RSUs granted will vest on the earliest of the first anniversary of the 2026 Annual Meeting, the date of the 2027 Annual Meeting, a change in control of LendingTree, or the director’s death or disability, aligning vesting with board service and key events.
What RSU exercise did the LendingTree (TREE) Form 4 disclose?
The filing shows that 5,000 restricted stock units granted on June 11, 2025 were exercised on June 11, 2026 and converted into 5,000 shares of LendingTree common stock, reflecting the settlement of previously awarded equity rather than an open-market purchase.
Does the LendingTree (TREE) Form 4 show any open-market stock sales or purchases?
No open-market purchases or sales are reported. The Form 4 only shows a grant of 5,000 restricted stock units and the exercise of 5,000 previously granted RSUs into common stock, all as compensation-related, non-market equity transactions for the director.