Peyree Scott 4

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.