Peyree Scott 4

What Happened
Peyree Scott, CEO of LendingTree, received two awards on March 5, 2026: 30,000 time‑based restricted stock units (RSUs) and 45,300 performance‑based RSUs (total 75,300 RSUs). Per the Form 4, these are derivative awards reported at $0 acquisition price (transaction code A), meaning no cash was paid by the insider at grant. The time‑based RSUs convert one‑for‑one into common shares; the performance RSUs convert one‑for‑one if specified price hurdles are met within the performance period.

Key Details

• Transaction date: March 5, 2026; Form 4 filed March 6, 2026 (filed timely).
• Grants: 30,000 RSUs (time‑based) and 45,300 RSUs (performance‑based); reported price $0 (award).
• Vesting: Time RSUs vest in three substantially equal annual installments beginning March 5, 2027. Performance RSUs vest based on stock‑price hurdles over a four‑year period: 1/3 vests at $69.15, 1/3 at $83.85, 1/3 at $98.55; each 1/3 splits into two halves that vest on the later of the price achievement or one‑year anniversary and then the first anniversary after achievement. A 90‑trading‑day average closing price test applies; unvested performance RSUs lapse after four years. (See footnotes F1–F5.)
• Shares owned after transaction: Not disclosed in the supplied filing.
• Filing timeliness: Report appears timely (transaction 3/5/2026; Form 4 filed 3/6/2026).

Context
These are award grants (not open‑market purchases or sales). Time‑based RSUs simply become shares as they vest; performance RSUs only convert if specified stock price conditions are met. Awards are a common form of executive compensation designed to align pay with long‑term performance; they do not involve an immediate cash outlay by the insider and are not, by themselves, a direct market buy/sell signal.