Lifevantage Corp (LFVN) director trust sells 10,000 shares indirectly
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lifevantage Corp director Michael A. Beindorff reported an indirect open-market sale of 10,000 shares of common stock on June 3, 2026. The sale, executed by the Michael A. Beindorff Trust, had a weighted average price of $8.5459 per share, with trades ranging from $8.00 to $8.94.
Following the sale, the trust held 41,625 shares. The filing also shows additional indirect holdings of 5,500 shares held by his spouse and 126 shares held by his spouse as custodian for minor children, plus 27,570 shares held directly by Beindorff.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($85,459)
Net Sell
4 txns
Insider
BEINDORFF MICHAEL A
Role
null
Sold
10,000 shs ($85K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $8.5459 | $85K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 41,625 shares (Indirect, By Trust);
Common Stock — 27,570 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.00 to $8.94, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The shares are held by the Michael A. Beindorff Trust U/A DTD 06/14/2000 of which the reporting person and his spouse are trustees.
Key Figures
Shares sold: 10,000 shares
Weighted average sale price: $8.5459 per share
Sale price range: $8.00–$8.94 per share
+4 more
7 metrics
Shares sold
10,000 shares
Open-market sale on June 3, 2026 by trust
Weighted average sale price
$8.5459 per share
Common stock sale on June 3, 2026
Sale price range
$8.00–$8.94 per share
Multiple transactions in reported sale
Trust holdings after sale
41,625 shares
Michael A. Beindorff Trust post-transaction
Direct holdings
27,570 shares
Shares held directly by Michael A. Beindorff
Spouse holdings
5,500 shares
Indirect ownership by spouse
Custodial holdings
126 shares
Spouse as custodian for minor children
Key Terms
weighted average price, open-market sale, indirect ownership, By Trust, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_type": "indirect""
By Trust financial
"nature_of_ownership": "By Trust""
custodian for minor children financial
"nature_of_ownership": "By Spouse as Custodian for Minor Children""
FAQ
What insider transaction did Lifevantage Corp (LFVN) disclose for Michael A. Beindorff?
Lifevantage disclosed that director Michael A. Beindorff’s trust sold 10,000 shares of common stock in an open-market transaction. The weighted average sale price was $8.5459 per share, with trades between $8.00 and $8.94 on June 3, 2026.
What are Michael A. Beindorff’s total reported Lifevantage Corp (LFVN) holdings?
The Form 4 shows 41,625 shares held by the Beindorff trust, 5,500 shares held by his spouse, 126 shares held by his spouse as custodian for minor children, and 27,570 shares held directly. These positions together reflect his reported direct and indirect ownership.
How is the Lifevantage Corp (LFVN) insider sale attributed in the Form 4?
The 10,000-share sale is attributed to the Michael A. Beindorff Trust U/A DTD 06/14/2000. The filing notes that Michael A. Beindorff and his spouse serve as trustees of this trust, so the transaction is reported as an indirect ownership change.