Shumate Carla 4

What Happened

• Carla Shumate, Chief Accounting Officer of LendingTree (TREE), had 4,166 restricted stock units (RSUs) convert into common shares on March 10, 2026 (reported on a Form 4 filed March 12, 2026).
• To satisfy tax withholding, 1,185 of those shares were surrendered at $42.65 each for a withholding value of $50,540, leaving a net 2,981 shares issued to her.
• Transaction codes reported: M = exercise/conversion of derivative (RSU conversion), F = payment of tax liability (share withholding). This was a vesting/settlement event, not an open-market purchase or sale.

Key Details

• Transaction date: March 10, 2026; Form 4 filed: March 12, 2026 (appears timely).
• RSU conversion: 4,166 shares reported as converted (price shown as $0.00 for conversion).
• Tax withholding: 1,185 shares withheld at $42.65/share = $50,540. Net shares received = 2,981.
• Shares owned after transaction: Not stated in the provided filing details.
• Footnotes: F1 — RSUs convert into common stock on a one-for-one basis. F2 — These RSUs vest in three substantially equal annual installments beginning March 10, 2026 (this appears to be the first installment).
• This withholding is a tax-settlement (cashless) event, not an open-market sale.

Context

• This was a routine vesting and tax-withholding event for RSUs. Such conversions and share-withholdings are common for executive compensation and do not by themselves indicate a buy or sell signal in the market.