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Medifast officer plans to sell 9,545 shares

The planned sale consists of four stock-award lots acquired on dates ranging from October 3, 2018, through December 31, 2021.

(Neutral)

Sentiment and the balance of points

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Form Type
144

Rhea-AI Filing Summary

Medifast, Inc. Officer Daniel R. Chard’s Form 144 notice lists a planned sale of 9,545 common shares, with an approximate aggregate market value of $114,337.80 and an approximate sale date of September 28, 2026. The remarks identify the shares as coming from the Daniel and Allyson Chard FAM IRRVOC TR. The notice lists four stock-award lots acquired on October 3, 2018, February 19, 2021, February 20, 2021, and December 31, 2021.

Common shares planned for sale 9,545 shares Approximate sale date: September 28, 2026
Approximate aggregate market value $114,337.80 For the planned sale
Issuer shares outstanding 11,180,703 shares Reported in the securities information
Stock-award lot 3,212 shares Acquired October 3, 2018
Stock-award lot 1,945 shares Acquired February 19, 2021
Stock-award lot 1,393 shares Acquired February 20, 2021
Stock-award lot 2,995 shares Acquired December 31, 2021
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
"12/31/2021 | Stock Award | Issuer"
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 is Daniel R. Chard planning to sell?

Daniel R. Chard’s proposed sale covers 9,545 common shares, with an approximate aggregate market value of $114,337.80. The approximate sale date is September 28, 2026.

What stock-award lots are included in the planned MED sale?

The notice lists four stock-award lots: 3,212 shares acquired October 3, 2018; 1,945 acquired February 19, 2021; 1,393 acquired February 20, 2021; and 2,995 acquired December 31, 2021. The remarks identify the shares as coming from the Daniel and Allyson Chard FAM IRRVOC TR.

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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