Medifast (NYSE: MED) director awarded 11,680 restricted stock units in fee grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Geary Elizabeth A. reported acquisition or exercise transactions in this Form 4 filing.
Medifast Inc. director Elizabeth A. Geary received a grant of 11,680 restricted stock units of common stock as part of her annual director fees under the company’s Director's Deferred Compensation Plan. The award was made at a grant price of $0.00 per share.
Each unit represents one share of Medifast common stock and will vest in full on May 26, 2027, subject to the plan terms. Following this grant, Geary’s reported direct holdings total 31,225 shares of Medifast common stock, reflecting routine, compensation-related equity issuance rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Geary Elizabeth A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,680 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 31,225 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 11,680 shares
Grant price: $0.00 per share
Holdings after grant: 31,225 shares
+1 more
4 metrics
RSUs granted
11,680 shares
Restricted stock units granted as annual director fees
Grant price
$0.00 per share
Equity award under Director's Deferred Compensation Plan
Holdings after grant
31,225 shares
Total direct Medifast common stock held after transaction
Vesting date
May 26, 2027
RSUs vest in full on this date
Key Terms
restricted stock units, Director's Deferred Compensation Plan, Amended and Restated 2012 Share Incentive Plan
3 terms
restricted stock units financial
"These restricted stock units were granted under the Medifast, Inc. Director's Deferred Compensation Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Director's Deferred Compensation Plan financial
"were granted under the Medifast, Inc. Director's Deferred Compensation Plan, as Amended and Restated"
FAQ
What did Medifast (MED) director Elizabeth A. Geary report on this Form 4?
Elizabeth A. Geary reported receiving 11,680 restricted stock units of Medifast common stock as part of her annual director fees. These equity awards are compensation-related and were granted at $0.00 per share under the company’s established director compensation plan.
What are the terms of the restricted stock units granted to the Medifast (MED) director?
The 11,680 restricted stock units were granted at $0.00 per share and each unit represents one Medifast common share. They were issued as annual director fees and are scheduled to vest in full on May 26, 2027, subject to the plan’s conditions.
Under which plans were the Medifast (MED) director’s restricted stock units granted?
The restricted stock units were granted under the Medifast, Inc. Director's Deferred Compensation Plan, as Amended and Restated. The underlying shares are issued from the company’s Amended and Restated 2012 Share Incentive Plan, as detailed in the Form 4 footnote.
Is the Medifast (MED) director’s Form 4 transaction an open-market stock purchase?
No, the transaction reflects a grant of 11,680 restricted stock units as compensation, not an open-market purchase. The units were awarded at $0.00 per share under Medifast’s director compensation plans and will vest in full on May 26, 2027.