secwatch.observer — SEC 8-K summary
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Issuer:     LendingTree, Inc. (TREE)
CIK:        0001434621
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001683168-24-001110
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

LendingTree CEO Lebda gets stock election option for compensation; Good Reason redefined
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- On Feb 16, 2024, Compensation Committee approved amendment to CEO Douglas R. Lebda's employment agreement.
- Lebda may elect, at his discretion, to receive all or part of base salary and annual bonus in LendingTree common stock.
- Stock purchase price equals Market Value under Nasdaq Rule 5635(c)(2) at time of payment.
- Good Reason definition amended: not a material adverse change if Lebda is no longer CEO but remains Chairman.
- No other changes to Lebda's compensation or employment agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434621/000168316824001110/0001683168-24-001110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434621/000168316824001110/lendingtree_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-001110

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer