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LendingTree (TREE) counsel exercises RSUs and withholds shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LendingTree, Inc. General Counsel & Corporate Secretary Heather Enlow‑Novitsky reported multiple equity award transactions. On March 1 and 2, 2026, restricted stock units were exercised into a total of 4,271 shares of common stock at no cash cost as part of her compensation program. To cover tax obligations tied to these vestings, 1,367 shares of common stock were automatically withheld and delivered back to the company at a price of $37.37 per share. After these equity award conversions and tax-withholding dispositions, she directly held 3,932 shares of LendingTree common stock. Footnotes explain that the restricted stock units convert into common stock on a one-for-one basis and vest in scheduled annual installments under the original award agreements.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Enlow-Novitsky Heather

(Last) (First) (Middle)
1415 VANTAGE PARK DR., SUITE 700

(Street)
CHARLOTTE NC 28203

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LendingTree, Inc. [ TREE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
General Counsel & Corp Sec.
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/01/2026 M 3,333 A (1) 4,361 D
Common Stock 03/01/2026 F 1,100 D $37.37 3,261 D
Common Stock 03/02/2026 M 938 A (1) 4,199 D
Common Stock 03/02/2026 F 267 D $37.37 3,932 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 03/01/2026 M 3,333 (2) (2) Common Stock 3,333 $0 3,334 D
Restricted Stock Units (1) 03/02/2026 M 938 (3) (3) Common Stock 938 $0 0 D
Explanation of Responses:
1. Restricted stock units convert into common stock on a one-for-one basis.
2. These restricted stock units will vest in three substantially equal annual installments beginning on March 1, 2025, in accordance with the terms of the original award agreement.
3. These restricted stock units vest as follows: 50% of the restricted stock units vested on March 2, 2024, the first anniversary of the date of grant, and 25% of the restricted stock units will vest on the second and third anniversaries of the date of grant, in accordance with the terms of the original award agreement.
/s/ Heather Enlow-Novitsky 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did LendingTree (TREE) report for Heather Enlow-Novitsky?

Heather Enlow-Novitsky reported equity award activity, exercising restricted stock units into common stock and using shares to satisfy tax obligations. These moves reflect routine compensation-related transactions rather than open-market buying or selling of LendingTree stock.

How many LendingTree (TREE) shares did Heather Enlow-Novitsky acquire through RSU exercises?

She acquired a total of 4,271 shares of LendingTree common stock through exercises of restricted stock units. These conversions occurred on March 1 and 2, 2026, at no cash exercise price, consistent with stock-based compensation terms granted under company award agreements.

How many LendingTree (TREE) shares were used for tax withholding in this Form 4?

A total of 1,367 LendingTree common shares were delivered to cover tax liabilities on the vesting events. These tax-withholding dispositions were reported at a price of $37.37 per share and are distinct from discretionary market sales of stock.

What is Heather Enlow-Novitsky’s LendingTree (TREE) share ownership after these transactions?

After the reported RSU conversions and tax-withholding dispositions, Heather Enlow‑Novitsky directly owned 3,932 shares of LendingTree common stock. This figure reflects her post-transaction balance as disclosed in the Form 4 ownership columns for non-derivative securities.

How do the restricted stock units for LendingTree (TREE) vest for Heather Enlow-Novitsky?

The restricted stock units vest in scheduled annual installments under the original grant terms. One award begins vesting in three substantially equal installments starting March 1, 2025, while another vests 50% after one year and 25% on each of the next two anniversaries.

Do Heather Enlow-Novitsky’s RSUs in LendingTree (TREE) convert directly into common stock?

Yes, the footnotes state that each restricted stock unit converts into one share of LendingTree common stock. This one-for-one conversion ratio clarifies how reported derivative positions translate into actual share ownership as vesting and exercises occur over time.
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