Lifecore Biomedical (LFCR) director awarded 25,907 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lifecore Biomedical director Jason Aryeh received an equity award of 25,907 shares of common stock as a grant, not an open-market purchase. The award reflects restricted stock units that convert into common stock on a 1-for-1 basis. Following this grant, he directly holds 69,967 shares. The units vest on the earlier of June 4, 2027 or the date of the company’s 2027 annual meeting of stockholders, 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
Aryeh Jason
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
Shares granted: 25,907 shares
Price per share: $0.00 per share
Post-transaction holdings: 69,967 shares
+2 more
5 metrics
Shares granted
25,907 shares
Grant of common stock (via RSUs) to director Aryeh
Price per share
$0.00 per share
Compensation grant, not open-market purchase
Post-transaction holdings
69,967 shares
Total common stock directly held after grant
Conversion ratio
1-for-1
Each restricted stock unit converts into one common share
Vesting date
June 4, 2027
Earlier of this date or 2027 annual meeting, with 50-week condition
Key Terms
restricted stock units, 1 for 1 basis, vests, annual meeting of stockholders
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.
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"
FAQ
What did Lifecore Biomedical (LFCR) director Jason Aryeh report on this Form 4?
He reported receiving a grant of 25,907 shares of common stock as compensation. The award is structured as restricted stock units that convert into common stock on a 1-for-1 basis, increasing his direct holdings to 69,967 shares after the transaction.
Is Jason Aryeh’s Lifecore (LFCR) transaction a stock purchase or a grant?
It is a grant, not a purchase. The Form 4 shows transaction code A, described as a grant, award, or other acquisition, with a price per share of $0.00, indicating compensation rather than an open-market buy of Lifecore Biomedical stock.
When do Jason Aryeh’s Lifecore Biomedical (LFCR) restricted stock units vest?
They vest on the earlier of June 4, 2027 or the date of the 2027 annual meeting of stockholders. The meeting date must be at least 50 weeks after June 4, 2026, as specified in the vesting footnote to the Form 4 filing.
What does 1-for-1 conversion mean for Lifecore (LFCR) restricted stock units?
It means each restricted stock unit converts into one share of Lifecore Biomedical common stock. The Form 4 footnote states the restricted stock units convert on a 1-for-1 basis, directly linking the number of units granted to the same number of common shares.