UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest
event reported): December 8, 2022 (
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Item 8.01. Other Events.
On December 6, 2022, Lebda Family Holdings LLC, of which Douglas Lebda, the Chief Executive Officer and Chairman of the Board of Directors of LendingTree, Inc. (the “Company”), is the manager, sold 40,000 shares of the Company’s common stock, par value $0.01 per share (“Common Stock”). This transaction is for general financial planning purposes.
On December 7, 2022, in connection with this sale, Douglas R. Lebda Revocable Trust, of which Mr. Lebda is the sole trustee, entered into a pre-planned stock trading plan providing for a third-party broker to purchase up to 120,000 shares of the Company’s Common Stock on his behalf and designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and the Company’s insider trading policy regarding transactions in the Company’s securities (the “10b5-1 Plan”). Purchases pursuant to the 10b5-1 Plan are expected to occur between mid-January and mid-February 2023, subject to the terms and conditions of the 10b5-1 Plan.
Transactions made under the 10b5-1 Plan will be disclosed publicly through Form 4 filings with the Securities and Exchange Commission. Except as may be required by law, the Company does not undertake to report on specific Rule 10b5-1 pre-planned stock trading plans of any Company officer or director, nor to report modifications or terminations of the 10b5-1 Plan or the Rule 10b5-1 pre-planned stock trading plan of any Company officer or director.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: December 8, 2022
LENDINGTREE, INC. | ||
By: | /s/ Lisa M. Young | |
Lisa M. Young | ||
General Counsel |