LendingTree CFO exercises RSUs, withholds shares for taxes
LendingTree, Inc. Chief Financial Officer Jason Bengel reported multiple equity compensation transactions.
Rhea-AI Filing Summary
LendingTree, Inc. Chief Financial Officer Jason Bengel reported multiple equity compensation transactions. He exercised restricted stock units that convert into common stock on a one-for-one basis, receiving several lots of common shares at a price of $0.0000 per share. To cover tax liabilities related to these awards, shares of common stock were disposed of through tax-withholding transactions at $37.3700 per share. The footnotes explain that some restricted stock units vest in three substantially equal installments beginning on March 1, 2025, while others vest in two substantially equal annual installments beginning on March 2, 2025, under the terms of the original award agreements.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 285 | $37.37 | $11K |
| Exercise | Restricted Stock Units | 4,000 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,167 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,242 | $37.37 | $46K |
| Exercise | Common Stock | 1,167 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 394 | $37.37 | $15K |
Footnotes (3)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. These restricted stock units vest in three substantially equal installments beginning on March 1, 2025, in accordance with the terms of the original award agreement.
- F3. These restricted stock units will vest in two substantially equal annual installments beginning on March 2, 2025, in accordance with the terms of the original award agreement.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did LendingTree (TREE) CFO Jason Bengel report in this Form 4?
How were Jason Bengel’s restricted stock units converted at LendingTree (TREE)?
What were the tax-withholding transactions disclosed for LendingTree (TREE) CFO?
When do Jason Bengel’s LendingTree (TREE) restricted stock units vest?
Does this LendingTree (TREE) Form 4 indicate open-market buying or selling?
AI-generated analysis. How Rhea-AI works. Not financial advice.