Lifevantage grants Kristen Cunningham stock awards
The PRSU award's vesting is tied to financial targets over October 2026 through March 2030 and to continued service.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Lifevantage Corp (LFVN) Chief Sales Officer Kristen Cunningham acquired 32,850 stock units, each a right to one common share, and 49,275 performance restricted stock units on October 7, 2026. Her reported direct common-stock holdings after the stock-unit award were 152,375 shares. The stock units vest in three equal installments on October 7, 2027, October 7, 2028 and October 7, 2029, subject to continued service. The PRSUs vest only to the extent financial performance targets are achieved over a three-and-a-half-year period from October 2026 through March 2030 and subject to continued service; at maximum performance, Cunningham may become eligible to earn 150% of the target number of units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Restricted Stock Units F2, F3 | 49,275 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 32,850 | $0.00 | $0.00 |
Footnotes (3)
- F1. This reflects a stock unit award, in which each stock unit represents a right to receive one share of issuer common stock, which award will vest, subject to the reporting person's continued service with the issuer, as follows: (i) 1/3 of the total number of units will vest on October 7, 2027, (ii) 1/3 of the total number of units will vest on October 7, 2028 and (iii) 1/3 of the total number of units will vest on October 7, 2029.
- F2. Each Performance Restricted Stock Unit ("PRSU") represents a right to receive one share of issuer common stock. Upon achievement of the maximum level of the applicable performance criteria, the reporting person may become eligible to earn 150% of the target number of units.
- F3. The PRSUs will vest only to the extent certain financial performance targets are achieved over a three and a half-year period commencing in October 2026 and ending in March 2030, subject to the reporting person's continued service with the issuer through the applicable vesting date. To the extent the first financial performance target is achieved, 25% of the PRSUs will vest on the achievement date and 25% shall vest on the 1-year anniversary of the achievement date. To the extent subsequent financial performance targets are achieved, 12.5% of the PRSUs will vest on the achievement date and 12.5% shall vest on the 1-year anniversary of the achievement date.
Key Figures
Key Terms
Performance Restricted Stock Unit financial
stock unit award financial
financial performance targets financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many stock units did LFVN Chief Sales Officer Kristen Cunningham receive?
When do Kristen Cunningham's LFVN stock awards vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.