Medifast CFO granted shares; tax withholding recorded
MEDIFAST INC Chief Financial Officer James P. Maloney reported routine equity compensation and related tax withholding transactions.
Rhea-AI Filing Summary
MEDIFAST INC Chief Financial Officer James P. Maloney reported routine equity compensation and related tax withholding transactions. On March 25, 2026, he received 34,344 restricted stock units that vest in three equal annual installments and 1,014 shares issued upon vesting of performance stock units earned under prior performance criteria.
To cover withholding taxes tied to vesting events, shares were automatically withheld on several dates: 3,224 shares at $9.59 per share and 482 shares at $10.05 per share, plus 918 shares at $9.62 per share. These F-code transactions reflect tax payments rather than open-market sales. After these awards and withholdings, Maloney directly holds 73,033 shares of Medifast common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,224 | $9.59 | $31K |
| Grant/Award | Common Stock | 34,344 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,014 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 482 | $10.05 | $5K |
| Exercise Price or Tax Liability | Common Stock | 918 | $9.62 | $9K |
Footnotes (3)
- F1. Represents the number of shares withheld by the Issuer upon the vesting of a restricted stock unit grant to cover the executive's withholding tax associated with the satisfaction of all vesting conditions. The number of shares withheld is based upon the closing price of a share of Medifast common stock on the vesting date, or if the vesting date fell on a weekend or market holiday, upon the closing price of a share of Medifast common stock on the most recent prior market day.
- F2. Represents a grant of restricted stock units issued to the reporting person under the 2012 Share Incentive Plan that will vest in three equal annual installments beginning on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F3. Represents shares of common stock issued upon the vesting and settlement of performance stock units previously granted to the reporting person on March 17, 2023, which were earned based on achievement of performance criteria certified by the Compensation Committee on February 5, 2026. Each PSU represented a contingent right to receive one share of common stock.
FAQ
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What insider transactions did MED (Medifast) CFO James P. Maloney report?
How do the new Medifast (MED) restricted stock units for the CFO vest?
What performance stock units vested for Medifast (MED) CFO James P. Maloney?
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