Form 4: LendingTree COO Scott Peyree Reports Stock Transactions

Scott Peyree, Chief Operating Officer of LendingTree, Inc., reports the acquisition and disposal of common stock and restricted stock units.

Summary

• On March 2, 2024, Scott Peyree, the Chief Operating Officer of LendingTree, reported transactions involving LendingTree, Inc. common stock and restricted stock units.
• The transactions included the conversion of restricted stock units into common stock, as well as the acquisition of restricted stock units.
• Peyree also disposed of shares to cover tax obligations related to the vesting of restricted stock units.
• Following these transactions, Peyree directly owns 28,991 shares of common stock.
• Peyree also indirectly owns 9,622 shares through a revocable trust and 1,689 shares through a grantor retained annuity trust.
• Additionally, Peyree holds 17,000 restricted stock units that vest in three annual installments and 24,000 performance vested restricted stock units that vest upon achievement of certain price hurdles.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The document does not contain explicit forward-looking statements, but it does outline the vesting schedule and performance criteria for restricted stock units, indicating future potential stock ownership changes.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transactions reported may have a minor impact on shareholders due to the change in ownership of LendingTree stock.
• The vesting of restricted stock units could incentivize the executive to improve company performance.

Key Dates