June 20, 2024 · Form 4 insider transaction
BROWN JEFFREY J bought 5,581 shares of Medifast, Inc. at $22.66 per share, a transaction worth $126.5K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
The reporting person elected, pursuant to the Plan, to receive shares of the Issuer's common stock in lieu of cash compensation for annual service as a non-employee director of the Issuer.; This price per share of $22.66 is based on the 20-day moving average stock price of the Issuer's common stock as of June 18, 2024.