Filing Details

Accession Number:
0001628280-23-029696
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-08-16 17:58:43
Reporting Period:
2023-08-14
Accepted Time:
2023-08-16 17:58:43
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
910329 Medifast Inc MED Miscellaneous Food Preparations & Kindred Products (2090) 133714405
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1245377 J Jeffrey Brown C/O Medifast, Inc.
100 International Drive
Baltimore MD 21202
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2023-08-14 15,154 $92.60 23,163 No 4 S Indirect By Brown Equity Partners, LLC
Common Stock Disposition 2023-08-15 9,832 $89.79 13,331 No 4 S Indirect By Brown Equity Partners, LLC
Common Stock Disposition 2023-08-15 13,330 $90.47 1 No 4 S Indirect By Brown Equity Partners, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Brown Equity Partners, LLC
No 4 S Indirect By Brown Equity Partners, LLC
No 4 S Indirect By Brown Equity Partners, LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,725 Direct
Common Stock 4,136 Indirect Jeffrey Brown Living Trust
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.50 to $92.95, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 1, 3, and 4 herein.
  2. These shares were held by Brown Equity Partners, LLC ("BEP"), for which the reporting person is the managing member.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.36 to $89.96, inclusive.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.03 to $90.93, inclusive.
  5. These shares are directly owned by Jeffrey Brown Living Trust, for which the reporting person is the sole trustee and sole beneficiary.