Peyree Scott 4
4 · LendingTree, Inc. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
LendingTree (TREE) CEO Peyree Scott Vests 12,499 RSUs; 4,930 Withheld
What Happened
- Peyree Scott, CEO of LendingTree (TREE), had restricted stock units (RSUs) convert into 12,499 shares of common stock on March 10, 2026. Of those, 4,930 shares were surrendered/withheld to cover tax withholding at $42.65 per share, generating proceeds of about $210,264. The remaining shares were issued to Scott. These events are reported as derivative conversions (transaction code M) with related tax-withholding dispositions (code F).
Key Details
- Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (no late filing indicated).
- Shares converted (acquired): 12,499 shares (7,499 + 5,000).
- Shares withheld for taxes (disposed): 4,930 shares (2,962 + 1,968) at $42.65 each; total value withheld ≈ $210,264.
- Reported transaction codes: M = exercise/conversion of derivative (RSU conversion); F = payment of tax liability via share withholding.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Notable footnotes: F1 confirms RSUs convert one-for-one into common stock; F3–F6 describe vesting schedules and performance-based RSUs tied to price hurdles; F2 disclaims beneficial ownership for shares held in a spouse’s grantor retained annuity trust (as applicable).
Context
- This appears to be routine vesting/settlement of RSUs with a net-share settlement to cover taxes (not an open-market sale or purchase). Net withholding to cover tax obligations is common and does not necessarily indicate a bullish or bearish signal by the insider.
- Transaction codes: M indicates conversion/vesting of derivative awards (RSUs); F indicates shares were surrendered to pay taxes.
Insider Transaction Report
Form 4
Peyree Scott
Chief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-10+7,499→ 122,428 total - Tax Payment
Common Stock
2026-03-10$42.65/sh−2,962$126,329→ 119,466 total - Exercise/Conversion
Common Stock
[F1]2026-03-10+5,000→ 124,466 total - Tax Payment
Common Stock
2026-03-10$42.65/sh−1,968$83,935→ 122,498 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-10−7,499→ 15,001 total→ Common Stock (7,499 underlying) - Exercise/Conversion
Performance Vested Restricted Stock Units
[F4][F5][F6]2026-03-10−5,000→ 25,000 total→ Common Stock (5,000 underlying)
Holdings
- 9,622(indirect: By Trust)
Common Stock
- 1,689(indirect: By Trust)
Common Stock
[F2] - 1,689(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]The reporting person's spouse is the sole beneficiary of this grantor retained annuity trust. The reporting person disclaims beneficial ownership of the shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the shares for purposes of Section 16 or any other purpose.
- [F3]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..
- [F4]Performance vested restricted stock units convert into common stock on a one-for-one basis.
- [F5]These performance vested restricted stock units shall vest upon the Company's achievement of specified price hurdles during the four-year period after the grant date, as follows: (1) at a price of $60.00, 1/3 of the performance vested restricted stock units, of which 1/2 will vest upon the later to occur of either the achievement of the price hurdle or the one-year anniversary of the grant date, and the remaining 1/2 will vest upon the first anniversary of achievement of such price hurdle; (2) at a price of $75.00, 1/3 of the performance vested restricted stock units, of which 1/2 will vest upon the later to occur of either the achievement of the price hurdle or the one-year anniversary of the grant date, and the remaining 1/2 will vest upon the first anniversary of achievement of such price hurdle; and (3) at a price of $90.00, 1/3 of the performance vested restricted stock units,
- [F6](Continued from F5) of which 1/2 will vest upon the later to occur of either the achievement of the price hurdle or the one-year anniversary of the grant date, and the remaining 1/2 will vest upon the first anniversary of achievement of such price hurdle. The price hurdle shall be deemed "achieved" if during the performance period, there is a date on which (with respect to 90 trading days immediately preceding such date) the average closing stock price during such 90-trading-day period of the Company's common stock equaled the applicable price hurdle stock price. To the extent that any performance vested restricted stock units do not become vested by the fourth anniversary of the Award Date, any such unvested performance vested restricted stock units shall be immediately forfeited; provided, however, that the performance vested restricted stock units tied to achievement of price hurdle (1) shall be forfeited if they do not become vested by the third anniversary of the Award Date.
Signature
/s/ Heather Enlow-Novitsky, as Attorney-in-Fact for Scott Peyree|2026-03-12