TREE Form 4: Officer credited 4,000 RSUs; 1,506 shares disposed
Rhea-AI Filing Summary
LendingTree, Inc. (TREE) officer Scott Peyree reported changes in beneficial ownership on 09/30/2025. He was credited with 4,000 performance-vested restricted stock units that convert one-for-one into common stock and are tied to three price hurdles of $41.17, $52.94, and $64.70 over a four-year performance period. On the same date, 1,506 shares were disposed of at $64.73. After these transactions the report shows 105,531 shares directly owned, plus indirect holdings of 9,000 shares through trust arrangements.
Positive
- 4,000 performance-vested restricted stock units awarded, convertible 1-for-1 into common stock
- Performance RSUs have clear price hurdles at $41.17, $52.94, and $64.70, with defined vesting schedule
Negative
- Disposition of 1,506 shares at $64.73 on 09/30/2025
- Direct beneficial ownership decreased to 105,531 shares after transactions
Insights
Officer received performance RSUs and reported a small sale the same day.
The filing shows Scott Peyree was credited with 4,000 performance-vested restricted stock units on 09/30/2025, which convert 1:1 to common stock if specified price hurdles are met within four years. The performance conditions are explicit: price hurdles of $41.17, $52.94, and $64.70, with staged vesting and potential forfeiture if unmet.
The same filing reports a disposition of 1,506 shares at $64.73, leaving 105,531 shares directly owned and additional indirect holdings through a revocable trust and a grantor retained annuity trust totaling 9,000 shares. This combination documents both a compensation award subject to performance and a contemporaneous sale; both items are presented as disclosed facts.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Vested Restricted Stock Units | 4,000 | $0.00 | -- |
| Exercise | Common Stock | 4,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,506 | $64.73 | $97K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Performance vested restricted stock units convert into common stock on a one-for-one basis. 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. 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. (Continued from F3) 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.
