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.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 337,500 | $0.00 | -- |
Footnotes (1)
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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.