Douglas Lebda, the founder, chairman and CEO of LendingTree, sold an additional 4,000 shares of stock valued at $460,520, according to a filing with the Securities and Exchange Commission.

Lebda sold the stock on Feb.15 at a value of $115.13 per share.

Between Jan. 12 and Feb. 2, Lebda sold a total of 16,000 shares, profiting a total of nearly $1.3 million.

According to the Form 4 filing, Lebda still owns more than 1 million shares of common stock through family trusts, spousal ownership and Lebda Family Holdings LLC, worth more than $115 million.

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

LendingTree trades on the New York Stock Exchange under the ticker TREE. The company is trading at $112.45, down 1.7 percent, or $1.95, midday Thursday.