Lifecore Biomedical (LFCR) director awarded 25,907 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Humberto Calheiros Antunes of Lifecore Biomedical, Inc. reported receiving an award of 25,907 shares of common stock in the form of restricted stock units. The award has no cash exercise price and increases his direct holdings to 72,967 shares after the transaction.
The restricted stock units convert into common stock on a 1-for-1 basis and will vest on the earlier of June 4, 2027 or the date of Lifecore’s 2027 annual stockholders’ meeting, provided that meeting occurs at least 50 weeks after June 4, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Antunes Humberto Calheiros
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,907 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 72,967 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 size: 25,907 shares
Grant price per share: $0.0000 per share
Total shares after transaction: 72,967 shares
+3 more
6 metrics
RSU grant size
25,907 shares
Restricted stock units of common stock granted to director
Grant price per share
$0.0000 per share
Reported transaction price for RSU award
Total shares after transaction
72,967 shares
Director’s direct holdings following the grant
Conversion ratio
1-for-1
Each restricted stock unit converts into one common share
Vesting date reference
June 4, 2027
Latest vesting date; earlier vesting at 2027 annual meeting possible
Vesting condition window
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
"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"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Lifecore Biomedical (LFCR) report for Humberto Calheiros Antunes?
Lifecore Biomedical reported that director Humberto Calheiros Antunes received a grant of 25,907 restricted stock units of common stock. These units were awarded at no cash cost and increase his direct ownership position, reflecting a compensation-related equity grant rather than an open-market share purchase.
What is the size of the restricted stock unit grant reported by Lifecore Biomedical (LFCR)?
The Form 4 shows a grant of 25,907 restricted stock units of Lifecore Biomedical common stock. These units were issued with a price of $0.0000 per share, indicating a compensation award rather than a market transaction or purchase by the reporting director.
When do the newly granted 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 2027 annual stockholders’ meeting. The annual meeting date must be at least 50 weeks after June 4, 2026, according to the vesting schedule described in the filing footnotes.
How do the Lifecore Biomedical (LFCR) restricted stock units convert into common stock?
The filing states that the restricted stock units convert into Lifecore Biomedical common stock on a 1-for-1 basis. This means each unit becomes one share of common stock when vested, providing straightforward equity exposure aligned with the company’s existing common shares outstanding.
Was the Lifecore Biomedical (LFCR) director’s Form 4 transaction a market purchase or a compensation grant?
The transaction was a compensation-related grant, not a market purchase. The Form 4 labels the code as an “A” transaction for a grant or award, with 25,907 shares at a price of $0.0000 per share, indicating no open-market buying or selling activity occurred.