Form 4: LendingTree Director G. Kennedy Thompson Executes Stock Transactions
SEC Form 4
Director G. Kennedy Thompson reports stock transactions involving LendingTree, including the conversion and acquisition of restricted stock units.
Summary
- G. Kennedy Thompson, a director of LendingTree, Inc., reported transactions involving the company's stock on June 12, 2024.
- Thompson converted 4,000 restricted stock units into common stock.
- Thompson also acquired 5,000 restricted stock units, which will vest on the earlier of June 12, 2025, and the date of the Issuer's 2025 annual meeting of stockholders.
- Following the reported transactions, Thompson directly owns 8,845 shares of common stock.
- Thompson also indirectly owns 10,000 shares through an IRA and 1,000 shares through a spouse.
- Thompson directly owns 5,000 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency into the actions of company leadership.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but it's unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 06/21/2023 | Reporting Person was granted 4,000 restricted stock units that vested on the earlier of June 21, 2024 and the date of the Issuer's 2024 annual meeting of stockholders. |
| 06/12/2024 | Date of stock transactions: conversion of 4,000 restricted stock units and acquisition of 5,000 restricted stock units. |
| 06/13/2024 | Date of signature for the Form 4 filing. |
| 06/12/2025 | Restricted stock units will vest on the earlier of June 12, 2025 and the date of the Issuer's 2025 annual meeting of stockholders. |
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.