THOMPSON G KENNEDY 4
4 · LendingTree, Inc. · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
LendingTree Director Thompson G. Kennedy Receives RSU Award
What Happened
Thompson G. Kennedy, a director of LendingTree, reported derivative activity tied to restricted stock units (RSUs). On 2026-06-11, 5,000 RSUs were converted/exercised into common shares (reported as acquired) and a corresponding 5,000-share disposition was reported at $0.00. On 2026-06-17 he was reported as receiving a new award of 5,000 RSUs (granted at $0.00). All items are derivative/RSU-related and do not reflect an open-market purchase or sale for cash.
Key Details
- Transaction dates: 2026-06-11 (conversion/exercise and corresponding $0 disposition) and 2026-06-17 (grant of 5,000 RSUs).
- Prices/values reported: $0.00 for the reported disposition and grant; one acquisition line shows N/A. No cash proceeds or purchase price are reported.
- Shares owned after transaction: not specified in the provided summary of the filing.
- Footnotes of note:
- F1: RSUs convert into common stock on a one-for-one basis.
- F2: Reporting person disclaims beneficial ownership per the filing.
- F3/F4: Prior and new RSU grants carry vesting tied to annual meeting anniversaries, change in control, or death/disability (see filing for exact vesting triggers).
- Filing timeliness: The Form 4 was filed on 2026-06-17 for a 2026-06-11 transaction, which is later than the typical 2-business-day reporting window for Section 16 filings.
Context
- These transactions are compensation-related (RSU conversion and a new RSU grant), not an open-market buy or sale by the director.
- The $0.00 disposition indicates no sale proceeds were reported — this generally means the activity reflects conversion/settlement or reclassification of derivative awards rather than a cash sale.
- For retail investors, such director RSU vesting and re-grant activity is routine executive/director compensation and should be interpreted differently than purchases (which can be a stronger bullish signal).
Insider Transaction Report
Form 4
THOMPSON G KENNEDY
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-06-11+5,000→ 18,845 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-06-11−5,000→ 0 total→ Common Stock (5,000 underlying) - Award
Restricted Stock Units
[F1][F4]2026-06-17+5,000→ 5,000 total→ Common Stock (5,000 underlying)
Holdings
- 10,000(indirect: By IRA)
Common Stock
- 1,000(indirect: By Spouse)
Common Stock
[F2]
Footnotes (4)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]The reporting person disclaims beneficial ownership of the shares and this report shall not be deemed admission that the reporting person is the beneficial owner of the shares for the purposes of Section 16 or any other purpose.
- [F3]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.
- [F4]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 G. Kennedy Thompson|2026-06-17