Form 4: FitLife Brands CEO Judd Dayton Exercises Stock Options and Reports Beneficial Ownership
SEC Form 4 Filing
Judd Dayton, CEO of FitLife Brands, exercised stock options and reported changes in beneficial ownership of the company's stock.
Summary
- On December 30, 2024, Judd Dayton, the CEO of FitLife Brands, exercised 6,200 stock options at a price of $0.7.
- Following this transaction, Dayton directly owns 443,613 shares of common stock.
- Dayton also has indirect ownership through Sudbury Holdings, LLC (2,068,128 shares), a SEP IRA (45,148 shares), and an IRA (15,440 shares).
- After the transaction, Dayton directly owns 215,200 derivative securities.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock option exercise, not indicative of positive or negative company performance.
Industry Context
This filing is a routine disclosure related to insider transactions and is common for publicly traded companies. It provides transparency into the actions of company executives regarding their holdings in the company's stock.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 07/31/2020 | Stock options fully vested |
| 12/30/2024 | Date of transaction: stock options exercised |
| 01/02/2025 | Date of signature |
| 07/31/2028 | Expiration date of stock options |
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