Douglas Lebda, the founder, chairman and CEO of LendingTree, sold an additional 4,000 shares of company stock, worth $424,280, according to a filing with the Securities and Exchange Commission.

Lebda sold the stock on Jan. 26 at a price of $106.07 per share.

On Jan. 12 and Jan. 19, Lebda sold 8,000 shares of stock, worth over $420,000, in two transactions at prices of $104.04 and $105.50.

According to the Form 4 filing, Lebda still owns 1,049,140 of common stock through family trusts, spousal ownership and Lebda Family Holdings LLC worth more than $110 million.

LendingTree, founded in 1996, is an on online lending exchange that connects consumers with a network of lenders for financing products, including personal, business and auto loans.

LendingTree trades on the NYSE under the ticker TREE. The company is trading at $106.90, up 1.04 percent, midday Thursday.