Form 4: Medifast VP Jonathan MacKenzie Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Jonathan Barrett MacKenzie, VP of Finance & CAO at Medifast, Inc., reports the withholding of 11 common stock shares to cover tax obligations related to vesting restricted stock units.
Summary
- On September 13, 2024, Jonathan Barrett MacKenzie, VP of Finance & CAO at Medifast, Inc., had 11 shares of common stock withheld by the issuer.
- This withholding was to cover the executive's tax obligations associated with the vesting of restricted stock units.
- The price per share for the withholding was $18.9.
- Following the transaction, MacKenzie directly owns 3,906 shares of Medifast common stock.
Sentiment
Score: 7
Explanation: The document reflects a neutral event (tax withholding) associated with executive compensation. It's a routine transaction and doesn't indicate any positive or negative sentiment towards the company's performance.
Industry Context
This is a routine Form 4 filing, which is standard practice when company executives have transactions involving the company's stock. It provides transparency into insider transactions.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Date of the transaction where 11 shares were withheld to cover tax obligations. |
| 09/17/2024 | Date of signature for the Form 4 filing. |
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