Lifevantage (LFVN) CSO uses 1,717 shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lifevantage Corp Chief Sales Officer Kristen Cunningham reported a tax-withholding disposition of company stock tied to equity compensation. On the reported date, 1,717 shares of common stock were withheld at a price of $6.25 per share to cover tax obligations. After this transaction, she directly holds 131,417 shares of Lifevantage common stock, so her overall ownership remains substantial and the event appears routine and compensation-related rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cunningham Kristen
Role
Chief Sales Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,717 | $6.25 | $11K |
Holdings After Transaction:
Common Stock — 131,417 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares: 1,717 shares
Price per share: $6.25 per share
Post-transaction holdings: 131,417 shares
+1 more
4 metrics
Tax-withholding shares
1,717 shares
Shares delivered for tax liability on equity compensation
Price per share
$6.25 per share
Value applied to the 1,717 withheld shares
Post-transaction holdings
131,417 shares
Common stock directly owned after tax-withholding event
Transaction code
F
Payment of tax liability by delivering securities
Key Terms
tax-withholding disposition, Form 4, Common Stock, transaction code "F"
4 terms
tax-withholding disposition financial
"reported a tax-withholding disposition of company stock tied to equity compensation"
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.
Form 4 regulatory
"this routine Form 4 transaction"
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.
Common Stock financial
"1,717 shares of common stock were withheld at a price of $6.25"
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.
transaction code "F" regulatory
"Transaction code "F" indicates payment of an exercise price or tax liability"
FAQ
What insider transaction did Lifevantage (LFVN) report for Kristen Cunningham?
Lifevantage reported that Chief Sales Officer Kristen Cunningham had 1,717 shares of common stock withheld to cover taxes. The shares were valued at $6.25 each, reflecting a routine, compensation-related tax-withholding event rather than an open-market stock trade.
What does transaction code "F" mean in the Lifevantage (LFVN) Form 4?
Transaction code "F" indicates payment of an exercise price or tax liability by delivering securities. In this case, 1,717 Lifevantage shares were used to cover tax obligations tied to equity compensation, rather than being sold in a discretionary market transaction by the executive.
Is the Lifevantage (LFVN) insider transaction likely to signal a change in outlook?
The filing describes a tax-withholding disposition, which is generally administrative and not a signal of changing sentiment. Cunningham had 1,717 shares withheld for taxes and still owns 131,417 shares, suggesting this was routine handling of stock-based compensation obligations.