Form 4: Barfresh Food Group CFO Lisa Roger Reports Stock Transaction
SEC Form 4 Filing
Lisa Roger, Chief Financial Officer of Barfresh Food Group, reported a transaction involving the withholding of shares to cover tax liabilities and the vesting of stock options.
Summary
- Lisa Roger, the Chief Financial Officer of Barfresh Food Group, filed a Form 4 detailing changes in her beneficial ownership of company stock.
- On January 17, 2025, 1,577 shares of common stock were withheld to cover tax liabilities related to the vesting of previously granted shares.
- Following this transaction, Ms. Roger directly owns 70,529 shares of Barfresh Food Group stock.
- Ms. Roger also holds options to purchase 150,000 shares at $2.19 per share, vesting in thirds on June 13, 2026, 2027, and 2028.
- Additionally, she holds options to purchase 15,385 shares at $5.95 per share, which were granted on January 17, 2024.
Sentiment
Score: 7
Explanation: The document is a routine filing and does not indicate any positive or negative sentiment. It is a neutral report of a standard transaction.
Industry Context
This is a routine filing related to executive compensation and is common for publicly traded companies. It provides transparency into the ownership structure of the company.
Comparison to Industry Standards
- Stock option grants and vesting schedules are standard practice for executive compensation in publicly traded companies.
- The vesting schedule of one-third per year for three years is a common approach to incentivize long-term performance.
- The tax withholding of shares to cover liabilities is a standard procedure to simplify tax obligations for employees.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a change in the beneficial ownership of company stock by a key executive.
- The vesting of stock options incentivizes the executive to work towards the long-term success of the company.
Key Dates
| Date | Description |
|---|---|
| 01/17/2024 | Grant date for stock options to purchase 15,385 shares at $5.95 per share. |
| 01/17/2025 | Date of share withholding for tax liabilities and vesting of shares. |
| 06/13/2026 | First vesting date for one-third of the 150,000 stock options at $2.19 per share. |
| 06/13/2027 | Second vesting date for one-third of the 150,000 stock options at $2.19 per share. |
| 06/13/2028 | Final vesting date for one-third of the 150,000 stock options at $2.19 per share. |
| 01/17/2030 | Expiration date for stock options to purchase 15,385 shares at $5.95 per share. |
| 06/13/2032 | Expiration date for stock options to purchase 150,000 shares at $2.19 per share. |
Keywords
Form 4, Beneficial Ownership, Stock Options, Share Vesting, Tax Withholding, Insider Trading, Barfresh Food Group, BRFH, Lisa Roger
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