LendingTree (TREE) counsel exercises RSUs and withholds shares for taxes
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 938 | $0.00 | $0.00 |
| Exercise | Common Stock | 938 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 267 | $37.37 | $10K |
| Exercise | Restricted Stock Units | 3,333 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,333 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,100 | $37.37 | $41K |
Footnotes (3)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. 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.
- F3. 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.
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