Lifevantage Corp (LFVN) CEO Terrence Moorehead identified as insider in Form 3
Rhea-AI Filing Summary
Lifevantage Corp filed an initial statement of beneficial ownership for Terrence Moorehead, who is identified as a director and as the company’s President and CEO. The filing reports no specific shareholdings or transactions at this time and includes an exhibit titled Power of Attorney.
Positive
- None.
Negative
- None.
Key Terms
initial statement of beneficial ownership, Power of Attorney, reporting insider
3 terms
initial statement of beneficial ownership regulatory
"filed an initial statement of beneficial ownership for Terrence Moorehead"
An initial statement of beneficial ownership is the first regulatory filing an insider or large investor submits to disclose the amount of a company's stock they control or benefit from. It matters to investors because it reveals who has significant influence over a company—like showing who’s holding the cards—and helps track potential conflicts of interest, insider motives, and future buying or selling that can move the stock price.
Power of Attorney legal
"The filing remarks reference an exhibit titled Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
reporting insider regulatory
"when he became a reporting insider"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 3 filed for LFVN and Terrence Moorehead represent?
The Form 3 for Lifevantage Corp (LFVN) is an initial statement of beneficial ownership for Terrence Moorehead, documenting his status as a director and President and CEO when he became a reporting insider.
Does the LFVN Form 3 for Terrence Moorehead report any stock transactions?
No. The Form 3 for Terrence Moorehead at Lifevantage Corp (LFVN) shows no reported transactions, with all buy, sell, acquire, and dispose counts listed as zero in the filing’s transaction summary.
What roles does Terrence Moorehead hold at Lifevantage Corp (LFVN)?
According to the Form 3, Terrence Moorehead is both a director and an officer of Lifevantage Corp (LFVN), serving specifically as the company’s President and CEO at the time of the filing.
What is the significance of the Power of Attorney mentioned in LFVN’s Form 3?
The remarks section notes an exhibit titled Power of Attorney, indicating an authorization related to SEC reporting for Lifevantage Corp (LFVN). It typically allows designated persons to sign and file ownership reports on the insider’s behalf.