ERNST MARK A 4
4 · LendingTree, Inc. · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
LendingTree (TREE) Director Mark A. Ernst Converts RSUs, Receives New RSUs
What Happened
- Mark A. Ernst, a director of LendingTree, converted/exercised a derivative (restricted stock units) to acquire 5,000 shares on 2026-06-11 and a same-day 5,000-share derivative disposition at $0 was reported. On 2026-06-17 he was granted 5,000 restricted stock units (RSUs) at $0. No cash purchase or open-market sale is shown — these transactions reflect vesting/conversion and a new grant rather than a typical buy or sell.
Key Details
- Transaction dates and amounts:
- 2026-06-11: Exercise/conversion (derivative) — 5,000 shares acquired (price: N/A).
- 2026-06-11: Exercise/conversion (derivative) — 5,000 shares disposed at $0 (reported as derivative disposition).
- 2026-06-17: Grant/award — 5,000 RSUs acquired at $0 (derivative).
- Shares owned after the transactions: Not disclosed in the Form 4 filing.
- Relevant footnotes:
- F1: RSUs convert into common stock on a one-for-one basis.
- F2: The 5,000 RSUs that converted on 6/11 were originally granted on 6/11/2025 with specific vesting triggers (see filing).
- F3: The 5,000 RSUs granted on 6/17 carry a new vesting schedule (earliest of certain annual meeting anniversaries, change in control, or death/disability).
- Filing: Report filed 2026-06-17 covering 2026-06-11 transactions (filing date is given in the filing).
Context
- For retail investors: RSU conversions and new RSU grants are standard director compensation. The paired acquisition and $0 disposition on 6/11 commonly reflects conversion of RSUs into shares with some shares withheld or transferred for tax or administrative purposes (the filing shows a $0 derivative disposition but does not explicitly state tax withholding).
- These entries are not open-market buys or sales and therefore do not necessarily indicate a change in the director’s market sentiment toward the company.
Insider Transaction Report
Form 4
ERNST MARK A
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-06-11+5,000→ 49,421 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-06-11−5,000→ 0 total→ Common Stock (5,000 underlying) - Award
Restricted Stock Units
[F1][F3]2026-06-17+5,000→ 5,000 total→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]On June 11, 2025, the Reporting Person was granted 5,000 restricted stock units that vested on the earliest of (i) the first anniversary of the date of the Company's 2025 Annual Meeting of Stockholders; (ii) the date of the Company's 2026 Annual Meeting of Stockholders; (iii) a change in control of the Company; and (iv) the director's death or disability.
- [F3]These restricted stock units will vest on the earliest of (i) the first anniversary of the date of the Company's 2026 Annual Meeting of Stockholders; (ii) the date of the Company's 2027 Annual Meeting of Stockholders; (iii) a change in control of the Company; and (iv) the director's death or disability.
Signature
/s/ Heather Enlow-Novitsky, as Attorney-in-Fact for Mark A. Ernst|2026-06-17