Form 4: LendingTree COO Scott Peyree Increases Stake in Company
SEC Form 4
LendingTree's Chief Operating Officer, Scott Peyree, has recently acquired additional shares of the company's common stock through a series of transactions.
Summary
- Scott Peyree, the Chief Operating Officer of LendingTree, Inc., has increased his holdings in the company's common stock.
- On March 11, 2025, Peyree acquired 18,061 shares at a weighted average price of $41.60 and 2,984 shares at a weighted average price of $42.26.
- On March 12, 2025, he further purchased 2,518 shares at $44.15, 5,444 shares at $45.26, and 3,050 shares at $46.04.
- Following these transactions, Peyree directly owns 87,772 shares of LendingTree's common stock.
- He also indirectly owns 9,622 shares through a revocable trust and 1,689 shares through a grantor retained annuity trust.
- His spouse is the sole beneficiary of the grantor retained annuity trust, and Peyree disclaims beneficial ownership of those shares.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive as insider buying often signals confidence in the company's prospects. However, it's a single transaction and doesn't guarantee future performance.
Positives
- The COO's increased investment in the company may signal confidence in LendingTree's future prospects.
Industry Context
Insider buying is often seen as a positive sign, suggesting that a company's management believes the stock is undervalued.
Stakeholder Impact
- Shareholders may view the COO's stock purchases as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Scott Peyree purchased 18,061 shares of LendingTree common stock at a weighted average price of $41.60 and 2,984 shares at a weighted average price of $42.26. |
| 03/12/2025 | Scott Peyree purchased 2,518 shares of LendingTree common stock at a weighted average price of $44.15, 5,444 shares at a weighted average price of $45.26, and 3,050 shares at a weighted average price of $46.04. |
| 03/13/2025 | Date of signature for the Form 4 filing. |
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