LendingTree (TREE) CAO exercises 4,166 RSUs, nets 19,600 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LendingTree, Inc. Chief Accounting Officer Carla Shumate exercised restricted stock units that converted into 4,166 shares of common stock on March 10, 2026. To cover tax obligations, 1,185 shares were withheld at a value of $42.65 per share rather than sold on the open market.
After these transactions, Shumate directly held 19,600 shares of LendingTree common stock and had 8,334 restricted stock units outstanding, which are scheduled to vest in three substantially equal annual installments beginning on March 10, 2026. She also reported 18 shares held indirectly through her daughter.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,166 shares exercised/converted
Mixed
5 txns
Insider
Shumate Carla
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,166 | $0.00 | -- |
| Exercise | Common Stock | 4,166 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,185 | $42.65 | $51K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 8,334 shares (Direct);
Common Stock — 20,785 shares (Direct);
Common Stock — 18 shares (Indirect, By Daughter)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. These restricted stock units will vest in three substantially equal annual installments beginning on March 10, 2026, in accordance with the terms of the original award agreement.
FAQ
What did LendingTree (TREE) insider Carla Shumate report in this Form 4?
Carla Shumate, Chief Accounting Officer of LendingTree, reported exercising restricted stock units into 4,166 common shares. A portion of these shares was withheld to satisfy tax obligations, and her updated direct and indirect holdings were disclosed.
How are Carla Shumate’s restricted stock units in LendingTree (TREE) scheduled to vest?
Shumate’s restricted stock units are scheduled to vest in three substantially equal annual installments beginning on March 10, 2026. As these units vest, they convert into LendingTree common stock on a one-for-one basis, subject to the award agreement terms.
Does this LendingTree (TREE) Form 4 show any remaining derivative or RSU position for Carla Shumate?
Yes. After converting some restricted stock units into 4,166 common shares, Shumate still held 8,334 restricted stock units. These units represent potential future common shares, subject to the stated vesting schedule and award terms.