LifeMD (LFMD) awards 337,500 restricted stock units to CFO Kavthekar
Rhea-AI Filing Summary
Kavthekar Atul reported acquisition or exercise transactions in this Form 4 filing.
LifeMD, Inc. reported that its Chief Financial Officer, Atul Kavthekar, received a grant of 337,500 shares of Common Stock in the form of restricted stock units. The award was recorded at a price of $0.00 per share, reflecting a compensation grant rather than a market purchase.
Following this grant, Kavthekar directly holds 337,500 shares. The units vest over time: 112,500 shares on March 16, 2027, another 112,500 shares on March 16, 2028, and the remaining portion on March 16, 2029, aligning his compensation with multi‑year service.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 337,500 | $0.00 | $0.00 |
Footnotes (1)
- F1. Grant of restricted stock units which vest 112,500 on March 16, 2027, 112,500 on March 16, 2028 and the remainder on March 16, 2029.
Key Figures
Key Terms
restricted stock units financial
Chief Financial Officer financial
Form 4 regulatory
FAQ
What did LifeMD (LFMD) disclose in this Form 4 filing?
LifeMD disclosed that its Chief Financial Officer, Atul Kavthekar, received a grant of 337,500 restricted stock units of Common Stock. This is a compensation-related equity award, not an open-market share purchase or sale.
At what price were the LifeMD (LFMD) RSUs granted to the CFO?
The restricted stock units granted to the CFO carry a stated price of $0.00 per share. This indicates a compensation grant from the company rather than a purchase in the open market.
What is the vesting schedule for the CFO’s LifeMD (LFMD) RSU grant?
The 337,500 RSUs vest in three installments: 112,500 on March 16, 2027, 112,500 on March 16, 2028, and the remaining shares on March 16, 2029, subject to continued service conditions.
Is the LifeMD (LFMD) CFO’s Form 4 transaction a market buy or sell?
No, the Form 4 reports an equity grant, not a market trade. The CFO acquired 337,500 restricted stock units at a stated price of $0.00 as part of his compensation package.
AI-generated analysis. How Rhea-AI works. Not financial advice.