Enlow-Novitsky Heather 4

What Happened

• Heather Enlow-Novitsky, General Counsel & Corporate Secretary of LendingTree (TREE), had restricted stock units (RSUs) convert into 5,666 shares of common stock on March 10, 2026. To cover tax withholding associated with the conversion, 1,612 of those shares were withheld at $42.65 per share, totaling $68,752. The filing shows the conversion/settlement of the RSU derivative and the tax-withholding disposition — this is a compensation-related conversion, not an open-market purchase or sale.

Key Details

• Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (timely filing).
• Conversion: 5,666 RSUs converted into 5,666 common shares (transaction code M = exercise/conversion of derivative).
• Tax withholding: 1,612 shares withheld/paid to satisfy tax liability at $42.65 per share, amounting to $68,752 (transaction code F = payment of exercise price or tax liability).
• The filing also records the termination/settlement of the derivative RSUs (reported as disposed at $0 as part of the conversion).
• Shares owned after the transaction are not specified in the provided excerpt.
• Footnotes: F1 — RSUs convert one-for-one into common stock. F2 — These RSUs vest in three substantially equal annual installments beginning March 10, 2026 (per the original award agreement).

Context

• This transaction is a routine compensation event: RSUs converting to shares and the company withholding shares to cover taxes. That withholding is not the same as an open-market sale and does not necessarily signal a change in the insider’s view of the stock.
• Transaction codes: M indicates conversion/exercise of a derivative (here, RSUs); F indicates shares used to satisfy tax liability.