Medifast (NYSE: MED) director adds 4,329 shares via funds
Rhea-AI Filing Summary
MEDIFAST INC (MED) director Kiai Parsa reported indirect open-market purchases of MED common stock on August 24, 2026. Entities associated with him bought 4,329 shares in total at an average price of $11.9996 per share, with actual prices ranging from $11.99 to $12. The purchases were made through Steamboat Capital-related funds, and Parsa may be deemed to have a pecuniary interest in those shares, while disclaiming beneficial ownership beyond that interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,329 shares
Net Buy
2 txns
Insider
Kiai Parsa
Role
Director
Bought
4,329 shs ($52K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F3, F4 | 4,211 | $11.9996 | $51K |
| Purchase | Common Stock F2, F3, F4 | 118 | $11.9996 | $1K |
Holdings After Transaction:
Common Stock — 19,095 shares (Indirect, Notes)
Footnotes (4)
- F1. Ownership of Steamboat Capital Partners Master Fund, LP (Master) which has delegated investment discretion to Steamboat Capital Partners, LLC (IA).
- F2. Ownership of Steamboat Capital Partners II, LP (II).
- F3. Steamboat Capital Partners GP, LLC (GP) is general partner of, and entitled to receive a performance allocation from, each of Master and II. Parsa Kiai ("Kiai") is the Managing Member of GP and IA. Accordingly, Kiai may be deemed to have a pecuniary interest in the shares owned by Master and II. Kiai disclaims beneficial ownership of securities reported hereon except to the extent of his pecuniary interest therein.
- F4. This is an average price. Actual prices paid for the shares purchased on 8/24/26 and reported on this line range from $11.99 to $12. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Key Figures
Total shares purchased: 4,329 shares of Common Stock
Average purchase price: $11.9996 per share
Price range: $11.99 to $12 per share
+2 more
5 metrics
Total shares purchased
4,329 shares of Common Stock
Indirect open-market or private purchases on August 24, 2026
Average purchase price
$11.9996 per share
Average price for shares purchased on August 24, 2026
Price range
$11.99 to $12 per share
Actual prices paid for purchases on August 24, 2026
Shares purchased for Master Fund
4,211 shares
Owned by Steamboat Capital Partners Master Fund, LP
Shares purchased for Fund II
118 shares
Owned by Steamboat Capital Partners II, LP
Key Terms
pecuniary interest, indirect, performance allocation
3 terms
pecuniary interest financial
"Kiai may be deemed to have a pecuniary interest in the shares"
indirect financial
"The reported MED holdings are indirect. The shares are owned by funds"
performance allocation financial
"GP is general partner of, and entitled to receive a performance allocation"
FAQ
What insider transaction did MED (MEDIFAST INC) report for Kiai Parsa?
MED reported that director Kiai Parsa, through related investment entities, indirectly purchased 4,329 shares of MED common stock on August 24, 2026 in open-market or private transactions at an average price of about $11.9996 per share.
Is Kiai Parsa’s ownership in MED direct or indirect in this Form 4?
The reported MED holdings are indirect. The shares are owned by funds (Master and II) managed by Steamboat Capital entities, and Kiai Parsa is the managing member. He may be deemed to have a pecuniary interest and disclaims beneficial ownership beyond that interest.
Were Kiai Parsa’s MED purchases under a Rule 10b5-1 trading plan?
The Form 4 indicates that the Rule 10b5‑1 checkbox is not affirmed (set to false), and the footnotes describe the transactions and ownership structure but do not state that these purchases were made pursuant to a Rule 10b5‑1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.