Dalporto Gabriel 4

What Happened

• Gabriel Dalporto, a director of LendingTree, converted 5,000 restricted stock units (RSUs) into common shares on June 11, 2026 (reported as a derivative exercise/conversion). No cash was exchanged and the filing shows a $0 value for the derivative disposition. On June 17, 2026 he was granted 5,000 new RSUs (reported as an award) with a $0 grant price.
• These transactions are not open‑market buys or sales of publicly traded shares; they reflect conversion of previously granted RSUs into stock and the grant of a new RSU award, so they do not represent a cash investment or proceeds from a sale.

Key Details

• Transaction dates and types:
  • 2026-06-11: Conversion/exercise of derivative (code M) — 5,000 RSUs converted to common stock (reported $0).
  • 2026-06-11: Corresponding derivative disposition reported for 5,000 (reported $0).
  • 2026-06-17: Award/grant (code A) — 5,000 RSUs granted (reported $0).
• Shares owned after the transactions: Not specified in the filing.
• Notable footnotes:
  • F1: RSUs convert into common stock on a one-for-one basis.
  • F2: A prior grant (6/11/2025) described vesting conditions for the converted RSUs (vesting on certain annual meeting dates, change in control, or death/disability).
  • F3: The new 6/17 RSU grant has similar vesting triggers tied to future annual meetings, change in control, or death/disability.
• Timeliness: The Form 4 was filed on 2026-06-17 reporting a 2026-06-11 transaction — the filing appears late (delayed disclosure reduces immediacy of public information).

Context

• For retail investors: these are derivative/to-equity administrative events (vesting/conversion and a new RSU grant). They do not indicate an outright purchase (bullish signal) or sale (monetizing) in the open market. RSU conversions typically result from vesting; the new grant will generally vest in the future per the stated conditions.
• No cashless exercise or market sale was reported; no proceeds or purchase price were involved in these entries.