Lifecore Biomedical (LFCR) director receives 25,907 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lifecore Biomedical director Paul Harold Johnson received an equity award of 25,907 restricted stock units that convert into common stock on a 1-for-1 basis. The award is recorded at a price of $0.00 per share as a grant/award acquisition and is held directly.
The units vest on the earlier of June 4, 2027 or the date of the company’s annual meeting of stockholders first held in calendar year 2027, provided that meeting occurs at least 50 weeks after June 4, 2026. Following this grant, Johnson holds 69,967 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Johnson Paul Harold
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,907 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 69,967 shares (Direct, null)
Footnotes (1)
- The restricted stock units convert into common stock of Lifecore Biomedical, Inc. on a 1 for 1 basis. Vests on earlier of June 4, 2027 or the date of the annual meeting of stockholders of the Company first held in calendar year 2027 (provided such date is no less than 50 weeks from June 4, 2026).
Key Figures
RSU grant: 25,907 units
Grant price: $0.00 per share
Post-grant holdings: 69,967 shares
+2 more
5 metrics
RSU grant
25,907 units
Restricted stock units granted to director on June 4, 2026
Grant price
$0.00 per share
Recorded value for the RSU award
Post-grant holdings
69,967 shares
Total common stock held after the transaction
Vesting date
June 4, 2027
Latest possible vesting date, unless 2027 annual meeting occurs earlier
50-week condition
50 weeks
Annual meeting must be at least 50 weeks after June 4, 2026
Key Terms
restricted stock units, 1 for 1 basis, vests, annual meeting of stockholders, +1 more
5 terms
restricted stock units financial
"The restricted stock units convert into common stock of Lifecore Biomedical, Inc. on a 1 for 1 basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
1 for 1 basis financial
"The restricted stock units convert into common stock of Lifecore Biomedical, Inc. on a 1 for 1 basis."
vests financial
"Vests on earlier of June 4, 2027 or the date of the annual meeting of stockholders of the Company first held in calendar year 2027"
annual meeting of stockholders financial
"the date of the annual meeting of stockholders of the Company first held in calendar year 2027"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Lifecore Biomedical (LFCR) director Paul Harold Johnson report in this Form 4?
Paul Harold Johnson reported receiving 25,907 restricted stock units as an equity award. These units convert into Lifecore Biomedical common stock on a 1-for-1 basis, increasing his holdings to 69,967 shares after the grant.
How many restricted stock units were granted to the Lifecore Biomedical (LFCR) director?
The director was granted 25,907 restricted stock units. Each unit represents the right to receive one share of Lifecore Biomedical common stock, subject to the specified vesting schedule described in the filing’s footnotes.
When do Paul Harold Johnson’s Lifecore Biomedical (LFCR) restricted stock units vest?
The restricted stock units vest on the earlier of June 4, 2027 or the date of Lifecore Biomedical’s annual stockholders meeting first held in calendar year 2027, provided that meeting occurs at least 50 weeks after June 4, 2026.
Is the Lifecore Biomedical (LFCR) Form 4 transaction an open-market purchase or a compensation grant?
The transaction is a compensation-related grant. It is coded as a grant, award, or other acquisition (Code A) with a $0.00 per-share value, indicating an equity award rather than an open-market stock purchase.