Bengel Jason 4
Research Summary
AI-generated summary
LendingTree CFO Jason Bengel Converts RSUs; 1,896 Shares Withheld
What Happened
- Jason Bengel, Chief Financial Officer of LendingTree (TREE), had restricted stock units vest and convert into 6,666 shares of common stock on March 10, 2026 (reported as a derivative conversion, code M). To cover tax withholding, 1,896 of those shares were surrendered (code F) at $42.65 per share, totaling $80,864. The filing format also shows a derivative-disposition line for 6,666 shares at $0, which reflects the conversion reporting.
Key Details
- Transaction date: March 10, 2026; filing date: March 12, 2026 (timely).
- Converted shares: 6,666 RSUs converted to 6,666 common shares (one-for-one per footnote).
- Tax withholding: 1,896 shares withheld/disposed at $42.65/share = $80,864.
- Filing codes: M = exercise/conversion of derivative (RSU conversion); F = payment of tax liability via share withholding.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 confirms RSUs convert one-for-one to common stock; F2 notes these RSUs vest in three substantially equal installments beginning March 10, 2026.
Context
- This was a routine RSU vesting and tax-withholding event, not an open-market sale. Share withholding to cover taxes is administrative and does not necessarily signal bullish or bearish views by the insider.