LendingTree Inc. Chief Executive Officer Douglas Lebda saw a 3,157 percent increase in total compensation in 2017, according to a filing with the Securities and Exchange Commission.

Lebda’s compensation for 2017 totaled at $59.59 million, a $57 million increase from the previous year. His option awards compensation increased to $57.36 million in the fiscal year 2017, up from $207,621 in 2016.

Lebda’s base salary for the fiscal year was $639,231 up from his 2016 base salary of $600,000.

Earlier this week, Lebda sold $9.1 million worth of company stock, according to another SEC filing. He still owns 416,354 shares worth more than $101.8 million.

The company’s stock price rose 236 percent in 2017.

The company reported a 41 percent increase in first-quarter earning for 2018 on Thursday but saw its stock down by more than 17 percent on Thursday after the results fell shy of Wall Street expectations.

Former Chief Financial Officer and Executive Advisor Gabriel Dalporto received total compensation of $650,155 during the 2017 fiscal year, down from $683,877 in the company’s 2016 fiscal year. Dalporto’s base salary is $350,000.

LendingTree is an online platform that connects customers with various lenders for competing loan options. The company includes options for a number of loan services including personal, business and auto loans.

The company’s annual meeting will be June 13 at 11 a.m. at its headquarters located at 11115 Rushmore Drive in Charlotte.

LendingTree’s shares closed at $244.70, down 5.94 percent, or $15.45, on Friday.