Yakatan Seth 4

What Happened

• Seth Yakatan, a director of FitLife Brands, purchased 164 shares of FTLF on 2026-01-15. The reported weighted average purchase price was $15.36 per share for a total reported cost of $2,519. This was a purchase (a company insider acquiring stock), which investors often view as a more informative signal than routine selling.

Key Details

• Transaction date: 2026-01-15.
• Transaction type/code: Purchase (P) — open market or private purchase.
• Price: Reported weighted average $15.36; actual trades ranged $15.29–$15.75 per share (footnote F2).
• Total value reported: $2,519 for 164 shares.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnotes: F1 — purchase effected pursuant to a Rule 10b5-1 trading plan; F2 — weighted average price with range and offer to provide per-trade details on request.
• Filing timeliness: Form 4 was filed 2026-04-20, about 95 days after the transaction date (appears late relative to the typical 2-business-day reporting requirement).

Context

• The trade was executed under a 10b5-1 plan, meaning it was part of a pre-arranged trading schedule — this reduces (but does not eliminate) the likelihood the purchase was based on material nonpublic information.
• The dollar size of the purchase (~$2.5k) is small; while purchases are generally more informative than sales, this modest amount may have limited signal for long-term conviction.
• Late filing is an administrative compliance matter for investors to note; it does not change the facts of the purchase but may warrant attention to the company's insider reporting practices.