John Seifrick A 4
Research Summary
AI-generated summary
Mannatech (MTEX) Director John Seifrick Receives 5,000-Share Award
What Happened
John Seifrick, a director of Mannatech Inc. (MTEX), received a derivative award on June 3, 2026 covering 5,000 shares (reported at $0.00). The filing identifies this as an award/grant of stock options; one-third of the options vested on the grant date, one-third will vest on the first anniversary, and the final third on the second anniversary (see footnote F1). This is an equity award, not an open-market purchase or sale.
Key Details
- Transaction type: A (award/grant of derivative securities — stock options)
- Transaction date: 2026-06-03; Form 4 filed: 2026-06-05 (appears timely)
- Amount: 5,000 underlying shares reported; acquisition price shown as $0.00 for the award entry
- Vesting: 1/3 vested on grant date, 1/3 on 1st anniversary, 1/3 on 2nd anniversary (footnote F1)
- Shares owned after transaction: Not specified in the provided filing excerpt
- No sign of a sale or cash exercise in this filing — this is a grant of options/awards
Context
- This is a grant of derivative securities (stock options) rather than a market purchase or sale, so it does not directly signal buying or selling pressure.
- Because a portion vests immediately, Seifrick will have some exercisable options right away; remaining tranches vest over the next two years.
- The filing reports the grant (award) itself; any future exercises or sales would generate separate Form 4 entries.