LifeVantage director logs equity grant and subsequent share sales
Rhea-AI Filing Summary
LifeVantage (LFVN) director Michael A. Beindorff reported insider activity on Form 4. On 11/06/2025, he received 13,531 shares under the outside director compensation program, scheduled to vest on November 6, 2026; the price shown is $7.76, equal to the weighted average closing price over the prior ten trading days. On 11/07/2025, he sold 1,000 shares at $7.33 (direct) and 35,000 shares at a weighted average $6.9215 (indirect via trust), with a portion sold to cover taxes from a restricted stock vesting. Following these transactions, holdings include 35,389 shares direct, 56,413 shares indirect via trust, 126 shares held by spouse as custodian for minor children, and 5,500 shares held by spouse.
Positive
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Negative
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Insights
Routine Form 4: grant plus limited sales, neutral impact.
The filing records an equity grant of 13,531 shares that vests on
Subsequent sales on
Post-transaction positions are disclosed as 35,389 shares direct and 56,413 shares indirect via trust, plus smaller family-held amounts. This is typical reporting, with investment implications depending on ongoing disclosures.