MED.NYSEMedifast INC

Form 4: Medifast VP Jonathan MacKenzie Reports Stock Disposals to Cover Tax Obligations

Sentiment:

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Jonathan MacKenzie, VP of Finance & CAO at Medifast, reported the disposal of common stock to cover withholding tax obligations related to vesting restricted stock units.

Summary

  • Jonathan MacKenzie, VP of Finance & CAO of Medifast, filed a Form 4 detailing changes in beneficial ownership.
  • The report indicates the disposal of Medifast common stock to cover withholding tax obligations associated with the vesting of restricted stock units.
  • Specifically, 280 shares were disposed of on March 13, 2025, at a price of $13.87.
  • An additional 60 shares were disposed of on March 16, 2025, at $13.94.
  • Finally, 99 shares were disposed of on March 17, 2025, at $14.35.
  • Following these transactions, MacKenzie directly owns 3,467 shares of Medifast common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, with no inherent positive or negative implications for the company's overall performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard practice of covering tax obligations related to vested equity.

Key Dates

DateDescription
03/13/2025Disposal of 280 shares of common stock at $13.87 per share.
03/16/2025Disposal of 60 shares of common stock at $13.94 per share.
03/17/2025Disposal of 99 shares of common stock at $14.35 per share.
03/18/2025Date of signature by attorney-in-fact.

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