Form 4: LendingTree Director Gabriel Dalporto Reports Stock Transactions
SEC Form 4
Director Gabriel Dalporto reports the vesting and conversion of restricted stock units into LendingTree common stock, as well as the acquisition of additional restricted stock units.
Summary
- On June 12, 2024, Gabriel Dalporto, a director of LendingTree, Inc. [TREE], reported transactions involving restricted stock units (RSUs).
- 4,000 RSUs vested and were converted into 4,000 shares of common stock.
- Dalporto also acquired 5,000 additional RSUs, which will vest on the earlier of June 12, 2025, or the date of the Issuer's 2025 annual meeting of stockholders.
- Following these transactions, Dalporto directly owns 5,000 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The report indicates future vesting of restricted stock units in 2025, contingent on the earlier of a specific date or the company's annual meeting.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common practice for publicly traded companies.
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 transaction: vesting of 4,000 restricted stock units and acquisition of 5,000 restricted stock units. |
| 06/13/2024 | Date of report. |
| 06/12/2025 | Vesting date for 5,000 restricted stock units, or earlier if the Issuer's 2025 annual meeting of stockholders occurs before this date. |
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