THOMPSON G KENNEDY 4

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).