Form 4: LendingTree COO Scott Peyree Increases Stake in Company
SEC Form 4 Filing
Scott Peyree, Chief Operating Officer of LendingTree, Inc., recently acquired additional shares of common stock through a series of transactions on March 13, 2025.
Summary
- On March 13, 2025, Scott Peyree, the Chief Operating Officer of LendingTree, Inc., purchased shares of LendingTree's common stock.
- The purchases were made in multiple transactions at weighted average prices of $45.21, $46.47, and $47.
- Specifically, 3,098 shares were bought at an average price of $45.21, 5,616 shares at $46.47, and 1,080 shares at $47.
- Following these transactions, Peyree directly owns 97,566 shares of LendingTree common stock.
- Peyree also indirectly owns 9,622 shares through a revocable trust and 1,689 shares through a grantor retained annuity trust, for which his spouse is the sole beneficiary.
- Peyree disclaims beneficial ownership of the shares held in the grantor retained annuity trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The COO's purchase of shares suggests confidence, but it's a routine transaction.
Positives
- The COO's purchase of shares could be interpreted as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common among publicly traded companies. It provides transparency into the actions of company executives.
Stakeholder Impact
- The COO's stock purchase could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/13/2025 | Date of stock purchase transactions |
| 03/17/2025 | Date of Form 4 filing |
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