Medifast director granted 11,680 RSUs as fees
Geary Elizabeth A. reported acquisition or exercise transactions in this Form 4 filing.
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.
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- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,680 | $0.00 | $0.00 |
Footnotes (1)
- F1. These restricted stock units were granted under the Medifast, Inc. Director's Deferred Compensation Plan, as Amended and Restated (the "Plan"), in connection with the payment of the reporting person's annual director fees. Each unit represents the right to receive one share of the Issuer's common stock. These shares are granted from the Issuer's Amended and Restated 2012 Share Incentive Plan and will vest in full on May 26, 2027.
Key Figures
Key Terms
restricted stock units financial
Director's Deferred Compensation Plan financial
FAQ
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What did Medifast (MED) director Elizabeth A. Geary report on this Form 4?
What are the terms of the restricted stock units granted to the Medifast (MED) director?
Under which plans were the Medifast (MED) director’s restricted stock units granted?
Is the Medifast (MED) director’s Form 4 transaction an open-market stock purchase?
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