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Medifast officer proposes sale of 9,544 shares

MEDIFAST INC (MED) is the issuer named in a Rule 144 notice listing a proposed sale for officer Daniel Chard’s account of 9,544 common shares on September 29, 2026, with an aggregate market value of $111,951.15.

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Form Type
144

Rhea-AI Filing Summary

MEDIFAST INC (MED) is the issuer named in a Rule 144 notice listing a proposed sale for officer Daniel Chard’s account of 9,544 common shares on September 29, 2026, with an aggregate market value of $111,951.15. The remarks say the shares are being sold from the Daniel and Allyson Chard FAM IRRVOC TR; Fidelity Brokerage Services LLC is listed as broker. The notice also lists 9,545 shares sold on September 28, 2026, with an aggregate market value of $114,337.80.

Shares proposed for sale 9,544 shares Proposed sale date: September 29, 2026
Aggregate market value of proposed sale $111,951.15 Proposed sale date: September 29, 2026
Issuer shares outstanding 11,180,703 shares Count reported in the securities information
Shares sold 9,545 shares Sale listed for September 28, 2026
Aggregate market value of reported sale $114,337.80 Sale listed for September 28, 2026
Rule 144 regulatory
"paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Stock Award financial
"Stock Award"
attorney-in-fact regulatory
"as attorney-in-fact for Daniel Chard"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many MED shares does officer Daniel Chard plan to sell?

The notice lists a proposed sale of 9,544 common shares on September 29, 2026, with an aggregate market value of $111,951.15. Fidelity Brokerage Services LLC is listed as broker, and the remarks identify the Daniel and Allyson Chard FAM IRRVOC TR as the source of the shares.

How many MED shares did Daniel Chard sell recently?

The notice lists 9,545 common shares sold on September 28, 2026, with an aggregate market value of $114,337.80.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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