Lifevantage (LFVN) Form 4 — PRSUs Added, 15,729 Shares Sold at $13.10

Q: What transactions did Alissa Neufeld report on the Form 4 for LFVN?

The Form 4 reports two PRSU-related acquisitions of 14,498 and 18,886 units (Transaction Code M) at $0 and a sale (Transaction Code F) of 15,729 common shares at $13.10 per share.

Q: How many common shares does the reporting person beneficially own after these transactions?

The filing reports the reporting person beneficially owned 118,260 common shares following the reported transactions.

Q: How do the PRSUs convert into common stock?

The PRSUs convert into common stock on a one-for-one basis, as stated in the filing.

Q: What derivative holdings related to PRSUs are reported?

The derivative table shows underlying PRSUs of 14,498 and 18,886 units with post-transaction derivative beneficial ownership reported as 4,832 and 9,443 respectively.

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Lifevantage Corp (LFVN) reporting person Alissa Neufeld recorded equity activity consisting of performance restricted stock units (PRSUs) and a disposition of common stock. The filing shows PRSUs granted in 2023 and 2024 that convert one-for-one into common stock, two grant-related transactions adding 14,498 and 18,886 shares (Transaction Code M) at $0 per share, and a sale (Transaction Code F) of 15,729 shares at $13.10 per share. After these transactions the reporting person beneficially owned 118,260 common shares.

The derivative section shows the PRSUs underlying 14,498 and 18,886 units, with post-transaction derivative beneficial ownership reported as 4,832 and 9,443 respectively. The filing states the PRSUs vest upon meeting pre-established time-based and financial performance criteria and convert into common stock on a one-for-one basis.

Positive

PRSUs convert one-for-one into common stock, clearly stated in the filing
Disclosure includes grant history (2023 and 2024 grants) and vesting conditions tied to time and financial performance
Post-transaction direct beneficial ownership is explicitly reported as 118,260 shares

Negative

None.

Insights

TL;DR: Routine insider equity compensation and a modest sale, no obvious material change to control or capital structure.

The filing documents standard equity compensation mechanics: previously granted PRSUs remain outstanding and convert one-for-one into common shares upon vesting, increasing the reporting person's potential future share count by 14,498 and 18,886 units. A separate transaction shows a sale of 15,729 shares at $13.10, reducing direct holdings to 118,260 shares. These are personnel compensation and liquidity actions, not issuance to the market or a dilutive financing event, and thus are typically neutral to the company's immediate capital structure.

TL;DR: Insider received performance-based awards with customary vesting conditions; disclosures align with Section 16 reporting norms.

The disclosure specifies that PRSUs were granted with time-based and financial performance vesting conditions in 2023 and 2024 and that they convert one-for-one into common stock. The reporting person is an officer (General Counsel), and the transactions are consistent with compensation practice for executives. There is no indication of accelerated vesting, related-party transfers, or other governance irregularities in the document provided.

Insider Trade Summary

33,384 shares exercised/converted

Mixed 5 txns

Insider Neufeld Alissa

Role General Counsel

Type	Security	Shares	Price	Value
Exercise	Performance Restricted Stock Units	14,498	$0.00	--
Exercise	Performance Restricted Stock Units	18,886	$0.00	--
Exercise	Common Stock	14,498	$0.00	--
Exercise	Common Stock	18,886	$0.00	--
Tax Withholding	Common Stock	15,729	$13.10	$206K

Holdings After Transaction: Performance Restricted Stock Units — 4,832 shares (Direct); Common Stock — 115,103 shares (Direct)

Footnotes (1)

On August 24, 2023, the reporting person was granted Performance Restricted Stock Units ("PRSUs") which vest upon achievement of previously established time-based and financial performance criteria. On August 26, 2024, the reporting person was granted PRSUs which vest upon achievement of previously established time-based and financial performance criteria. PRSUs convert into common stock on a one-for-one basis.

Form 4 Insider Transactions: What Each Field Means →

09/03/2025 - 09:48 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Neufeld Alissa

(Last)

(First)

(Middle)

3300 TRIUMPH BLVD, SUITE 700

(Street)

LEHI

84043

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Lifevantage Corp [ LFVN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
08/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/31/2025		M		14,498⁽¹⁾	A	$0	115,103	D
Common Stock	08/31/2025		M		18,886⁽²⁾	A	$0	133,989	D
Common Stock	08/31/2025		F		15,729	D	$13.1	118,260	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Performance Restricted Stock Units	⁽³⁾	08/31/2025		M			14,498	⁽¹⁾	⁽¹⁾	Common Stock	14,498	$0	4,832	D
Performance Restricted Stock Units	⁽³⁾	08/31/2025		M			18,886	⁽²⁾	⁽²⁾	Common Stock	18,886	$0	9,443	D

Explanation of Responses:

1. On August 24, 2023, the reporting person was granted Performance Restricted Stock Units ("PRSUs") which vest upon achievement of previously established time-based and financial performance criteria.

2. On August 26, 2024, the reporting person was granted PRSUs which vest upon achievement of previously established time-based and financial performance criteria.

3. PRSUs convert into common stock on a one-for-one basis.

Remarks:

	/s/ Alissa Neufeld	09/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What transactions did Alissa Neufeld report on the Form 4 for LFVN?

The Form 4 reports two PRSU-related acquisitions of 14,498 and 18,886 units (Transaction Code M) at $0 and a sale (Transaction Code F) of 15,729 common shares at $13.10 per share.

How many common shares does the reporting person beneficially own after these transactions?

The filing reports the reporting person beneficially owned 118,260 common shares following the reported transactions.

Do the PRSUs have performance or time-based conditions?

Yes. The filing states the PRSUs vest upon achievement of previously established time-based and financial performance criteria.

How do the PRSUs convert into common stock?

The PRSUs convert into common stock on a one-for-one basis, as stated in the filing.