Lifecore Biomedical (LFCR) director receives 25,907-share restricted stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lifecore Biomedical director Katrina Houde received an equity grant in the form of restricted stock units. She was awarded 25,907 shares of Common Stock on June 4, 2026 as a grant or award, at a stated price of $0.00 per share, indicating compensation rather than an open-market purchase.
After this grant, Houde directly holds 135,319 shares of Lifecore Biomedical common stock. According to the footnotes, the restricted stock units convert into common stock on a 1-for-1 basis and vest on the earlier of June 4, 2027 or the date of the company’s 2027 annual stockholder meeting, provided that meeting occurs at least 50 weeks after the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HOUDE LOVAS KATRINA
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,907 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 135,319 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: $0.00 per share
Shares held after grant: 135,319 shares
+2 more
5 metrics
RSU grant size
25,907 shares
Restricted stock units granted on June 4, 2026
Grant price
$0.00 per share
Stated transaction price for RSU award
Shares held after grant
135,319 shares
Director’s direct common stock holdings post-transaction
Vesting date
June 4, 2027
Latest vesting date for the RSUs, subject to earlier annual meeting
Conversion ratio
1-for-1
Each restricted stock unit converts into one common share
Key Terms
restricted stock units, vests, grant, award, or other acquisition, Common Stock
4 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.
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..."
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Lifecore Biomedical (LFCR) report for Katrina Houde?
Lifecore Biomedical reported that director Katrina Houde received a grant of 25,907 shares of common stock as restricted stock units on June 4, 2026. The grant was a compensation award at a stated price of $0.00 per share, not an open-market purchase.
What are the vesting terms of Katrina Houde’s restricted stock units at Lifecore Biomedical (LFCR)?
The restricted stock units vest on the earlier of June 4, 2027, or the date of Lifecore Biomedical’s 2027 annual stockholder meeting. The meeting date must occur at least 50 weeks after June 4, 2026 for this alternative vesting condition to apply.
Do Katrina Houde’s restricted stock units at Lifecore Biomedical (LFCR) convert directly into common stock?
Yes. The footnotes state that the restricted stock units convert into Lifecore Biomedical common stock on a 1-for-1 basis. This means each vested unit becomes one share of common stock once the vesting conditions are satisfied under the grant terms.
Was Katrina Houde’s Lifecore Biomedical (LFCR) grant an open-market stock purchase?
No. The transaction is coded as a grant, award, or other acquisition with a transaction price of $0.00 per share. This indicates a compensation-related equity award rather than an open-market purchase where cash is paid to acquire existing shares.