LendingTree (TREE) CHRO exercises 9,999 RSUs; 3,689 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LendingTree, Inc. Chief Human Resources Officer Jill Olmstead reported compensation-related equity activity. She exercised restricted stock units into 9,999 shares of common stock at $0.00 per share, and after this exercise held 20,001 restricted stock units directly. Following related common stock entries, she directly owned 40,274 shares of common stock. A separate entry shows 3,689 shares of common stock were withheld at $42.65 per share to satisfy tax obligations. The filing notes that restricted stock units convert into common stock on a one-for-one basis and vest in three substantially equal annual installments beginning on March 10, 2026 in line with the original award terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,999 shares exercised/converted
Mixed
3 txns
Insider
Olmstead Jill
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 9,999 | $0.00 | -- |
| Exercise | Common Stock | 9,999 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,689 | $42.65 | $157K |
Holdings After Transaction:
Restricted Stock Units — 20,001 shares (Direct);
Common Stock — 43,963 shares (Direct)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. These restricted stock units vest in three substantially equal annual installments beginning on March 10, 2026 in accordance with the terms of the original award agreement.
FAQ
What insider transactions did LendingTree (TREE) report for Jill Olmstead?
Jill Olmstead exercised restricted stock units into 9,999 shares of LendingTree common stock and had 3,689 shares withheld for taxes. After these transactions, she directly owned 40,274 common shares and 20,001 restricted stock units.
What was the size of Jill Olmstead’s equity award exercise at LendingTree (TREE)?
Jill Olmstead exercised restricted stock units covering 9,999 underlying shares of LendingTree common stock at $0.00 per share. This reflects the conversion of previously granted equity awards rather than an open-market purchase of shares.
How do Jill Olmstead’s restricted stock units in LendingTree (TREE) vest?
Her restricted stock units vest in three substantially equal annual installments beginning on March 10, 2026. As they vest, each restricted stock unit converts into one share of LendingTree common stock on a one-for-one basis under the award terms.
What is the overall signal from Jill Olmstead’s recent LendingTree (TREE) Form 4?
The Form 4 primarily reflects routine compensation activity: exercising 9,999 restricted stock units and related tax withholding of 3,689 shares. There were no open-market purchases or sales reported, making this a standard equity award and tax-settlement event.