Lifevantage (LFVN) CFO uses 1,361 shares to cover tax withholding, holds 155,554
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lifevantage Corp Chief Financial Officer Aure Carl reported a tax-related share disposition on Common Stock. A total of 1,361 shares were used to satisfy tax obligations at a reference price of $6.25 per share. After this tax-withholding disposition, Carl directly holds 155,554 shares of Lifevantage common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Aure Carl
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,361 | $6.25 | $9K |
Holdings After Transaction:
Common Stock — 155,554 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares disposed: 1,361 shares
Reference price per share: $6.25/share
Shares held after transaction: 155,554 shares
3 metrics
Tax-withholding shares disposed
1,361 shares
Common Stock delivered for tax liability
Reference price per share
$6.25/share
Value used for tax-withholding disposition
Shares held after transaction
155,554 shares
Direct ownership after tax-withholding disposition
Key Terms
tax-withholding disposition, Payment of exercise price or tax liability by delivering securities, Common Stock, Form 4
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 financial
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Lifevantage (LFVN) report for CFO Aure Carl?
Lifevantage reported that CFO Aure Carl had 1,361 shares of common stock disposed of to cover tax obligations. This tax-withholding disposition is a non-market transaction where shares are delivered instead of cash to satisfy tax liabilities.
What are Aure Carl’s Lifevantage (LFVN) holdings after this Form 4 transaction?
Following the reported tax-withholding disposition, CFO Aure Carl directly holds 155,554 shares of Lifevantage common stock. This figure reflects his remaining direct ownership after 1,361 shares were delivered to satisfy tax obligations.
Was the Lifevantage (LFVN) CFO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. It was coded as “F,” meaning shares were delivered to pay an exercise price or tax liability, a routine administrative disposition rather than a discretionary market trade.
What does transaction code F mean in the Lifevantage (LFVN) Form 4 filing?
Transaction code F indicates a payment of exercise price or tax liability by delivering securities. In this case, 1,361 Lifevantage common shares were used to cover tax obligations instead of selling shares directly in the open market.