LifeMD (LFMD) director DiTrolio receives 35,000-share stock grant vesting 2027
Rhea-AI Filing Summary
LifeMD, Inc. director Joseph DiTrolio reported an acquisition of 35,000 shares of common stock as a grant/award, with no cash price per share. These are restricted shares that vest on June 1, 2027. Following this grant, DiTrolio directly holds 308,413 shares of LifeMD common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 35,000 shares
Net Buy
1 txn
Insider
DiTrolio Joseph
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 35,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 308,413 shares (Direct)
Footnotes (1)
- F1. The grant of restricted shares vests on June 1, 2027.
Key Figures
Shares granted: 35,000 shares
Transaction price per share: $0.0000 per share
Holdings after transaction: 308,413 shares
+2 more
5 metrics
Shares granted
35,000 shares
Restricted stock grant of common stock to director on August 11, 2026
Transaction price per share
$0.0000 per share
Reported price for the 35,000-share grant/award acquisition
Holdings after transaction
308,413 shares
Total direct LifeMD common stock held by Joseph DiTrolio after the grant
Vesting date
June 1, 2027
Vesting date of the 35,000 restricted shares granted to the director
Transaction date
August 11, 2026
Date of the reported grant/award acquisition of common stock
Key Terms
restricted shares, grant/award acquisition, Rule 10b5-1
3 terms
grant/award acquisition financial
"The transaction is classified as a grant/award acquisition of common stock."
Rule 10b5-1 regulatory
"The Rule 10b5-1 checkbox is not marked as being pursuant to a trading plan."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What did LifeMD (LFMD) director Joseph DiTrolio report on this Form 4?
Director Joseph DiTrolio reported receiving a grant of 35,000 shares of LifeMD common stock. The shares were acquired as a grant/award with a reported price of $0.0000 per share, increasing his direct holdings to 308,413 shares.
Was the LifeMD (LFMD) Form 4 transaction under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as being pursuant to a trading plan. The transaction is reported as a grant/award acquisition of restricted shares, distinct from open-market trades executed under a preset 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.