LendingTree (TREE) counsel exercises 5,666 RSUs; 1,612 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LendingTree, Inc. General Counsel & Corporate Secretary Heather Enlow‑Novitsky exercised restricted stock units into 5,666 shares of common stock at a conversion price of $0.00 per share. To satisfy tax obligations, 1,612 shares were withheld at a value of $42.65 per share.
After these compensation-related transactions, she holds 7,986 shares of common stock directly. The restricted stock units convert into common stock on a one‑for‑one basis and will vest in three substantially equal annual installments beginning on March 10, 2026, under the original award terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,666 shares exercised/converted
Mixed
3 txns
Insider
Enlow-Novitsky Heather
Role
General Counsel & Corp Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,666 | $0.00 | -- |
| Exercise | Common Stock | 5,666 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,612 | $42.65 | $69K |
Holdings After Transaction:
Restricted Stock Units — 11,334 shares (Direct);
Common Stock — 9,598 shares (Direct)
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 Heather Enlow-Novitsky report on this Form 4?
Heather Enlow-Novitsky reported exercising restricted stock units into 5,666 shares of LendingTree common stock at $0.00 per share, followed by a tax-withholding share disposition. These are routine, compensation-related equity transactions rather than open-market purchases or sales.
What are the terms of the LendingTree (TREE) restricted stock units in this Form 4?
The restricted stock units convert into LendingTree common stock on a one‑for‑one basis. According to the disclosure, they will vest in three substantially equal annual installments beginning on March 10, 2026, following the original award agreement terms.
Does this LendingTree (TREE) Form 4 show an open-market stock sale?
No, the disposition reported is an F‑code tax-withholding transaction, where 1,612 shares were delivered to satisfy tax obligations. The filing does not disclose any open-market sale; it reflects routine handling of taxes on an equity award.
What type of insider transaction code appears in this LendingTree (TREE) Form 4?
The Form 4 includes M‑code entries for the exercise or conversion of restricted stock units into 5,666 common shares and an F‑code entry for 1,612 shares withheld to pay tax liabilities associated with that equity transaction.