Form 4: LendingTree COO Scott Peyree Reports Stock Transactions
SEC Form 4 Filing
LendingTree's Chief Operating Officer, Scott Peyree, reported the vesting and conversion of restricted stock units into common stock, along with other transactions.
Summary
- On August 4, 2024, Scott Peyree, the Chief Operating Officer of LendingTree, Inc., reported transactions involving LendingTree's common stock.
- Peyree converted 5,593 restricted stock units into common stock.
- He also disposed of 2,201 shares to cover tax obligations at a price of $47.87 per share.
- Following these transactions, Peyree directly owns 36,100 shares of common stock.
- Additionally, he indirectly owns 9,622 shares through a revocable trust and 1,689 shares through a grantor retained annuity trust.
- The report also mentions that Peyree acquired 850 shares through the LendingTree, Inc. Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock transactions by an executive.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It reflects the executive's compensation and investment decisions related to the company's stock.
Key Dates
| Date | Description |
|---|---|
| 08/04/2024 | Date of the reported transactions, including conversion of restricted stock units and stock disposal. |
| 08/06/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.