Form 4: Medifast VP Jonathan MacKenzie Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Jonathan Barrett MacKenzie, VP of Finance & CAO at Medifast, Inc., reported disposing of shares to cover withholding tax obligations upon vesting of restricted stock units.
Summary
- On March 15, 2024, Jonathan Barrett MacKenzie, VP of Finance & CAO at Medifast, Inc., disposed of 51 and 83 shares of common stock at a price of $36.61 per share.
- These transactions were to cover the executive's withholding tax associated with the vesting of restricted stock units.
- Following the transactions, MacKenzie directly owns 4,000 and 3,917 shares of Medifast common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and are common across publicly traded companies. They provide transparency into insider transactions.
Stakeholder Impact
- The stock disposal is unlikely to have a significant impact on stakeholders as it is a routine transaction to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock disposal transactions |
| 03/19/2024 | Date of signature on the report |
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