Lewis Darwin 4
Research Summary
AI-generated summary
Lifevantage (LFVN) Director Lewis Darwin Buys 1,055 Shares
What Happened
- Lewis Darwin, a director of Lifevantage Corp (LFVN), made an open-market purchase of 1,055 shares on 2026-03-16 at $5.23 per share, for a total cash outlay of $5,518. This was a straight purchase (transaction code P), which investors often view as a modest bullish signal compared with sales.
Key Details
- Transaction date and price: 2026-03-16 — 1,055 shares at $5.23 per share.
- Total transaction value: $5,518.
- Transaction type/code: Open-market purchase (P).
- Shares owned after transaction: Not specified in the filing.
- 10b5-1 plan / footnotes: No 10b5-1 trading plan or other special footnotes disclosed.
- Filing timeliness: Report filed with the SEC on 2026-03-18 (appears to be filed within the standard two-business-day window).
Context
- Purchases by directors can be seen as a sign of confidence, though the size here is modest relative to typical insider trades and may reflect a personal transaction rather than a material investment signal.
- No option exercise, gift, or tax-withholding transactions are involved — this was a straightforward open-market buy.