FITLIFE BRANDS, INC.·4

May 19, 4:14 PM ET

Hansen Ryan P. 4

4 · FITLIFE BRANDS, INC. · Filed May 19, 2026

Research Summary

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FitLife Brands (FTLF) President Ryan P. Hansen Receives Equity Awards

What Happened

  • Ryan P. Hansen, President of FitLife Brands, was granted three equity awards on May 15, 2026 totaling 125,000 derivative units: 28,500 incentive stock options (ISOs), 46,500 non-qualified stock options (NQSOs), and 50,000 performance stock units (PSUs). No exercise prices or immediate cash transactions are reported in the filing (prices listed as N/A).

Key Details

  • Transaction date: 2026-05-15; Form 4 filed: 2026-05-19 (timely filing).
  • Award breakdown: 28,500 ISOs (F1), 46,500 NQSOs (F3), 50,000 PSUs (F4) — total 125,000 derivative awards.
  • Vesting for options: 1/3 vests on the one-year anniversary, remainder vests in equal increments on the second and third anniversaries, subject to continued service (F2).
  • PSUs: each PSU equals one share upon vesting; vesting contingent on 30-day VWAP reaching $20.00; PSUs expire five years after grant if unvested (F4).
  • Plans: awards issued under the Issuer’s 2019 Omnibus Incentive Plan and 2019 Omnibus Equity Incentive Plan (footnotes).
  • Shares owned after transaction: not specified in the provided filing details.

Context

  • These are grants (awards), not open-market purchases or sales. Options give the right to buy shares in the future (subject to vesting and exercise terms); PSUs are performance-contingent and only convert to shares if the VWAP condition is met. No immediate sale or cash proceeds to the insider are indicated in this filing.

Insider Transaction Report

Form 4
Period: 2026-05-15
Transactions
  • Award

    Stock Options

    [F1][F2]
    2026-05-15+28,50028,500 total
    Exercise: $10.50Exp: 2031-05-15Common Stock (28,500 underlying)
  • Award

    Stock Options

    [F3][F2]
    2026-05-15+46,50075,000 total
    Exercise: $10.50Exp: 2031-05-15Common Stock (46,500 underlying)
  • Award

    Performance Stock Units

    [F4]
    2026-05-15+50,000125,000 total
    Common Stock (50,000 underlying)
Footnotes (4)
  • [F1]Represents incentive stock options granted in connection with the Reporting Person's appointment as President, issued pursuant to the Issuer's 2019 Omnibus Incentive Plan.
  • [F2]One-third (1/3) of the stock options vest on the one-year anniversary of the grant date, with the remainder vesting in equal increments on each of the second and third anniversary thereafter, subject to continued service.
  • [F3]Represents non-qualified stock options granted in connection with the Reporting Person's appointment as President, issued pursuant to the Issuer's 2019 Omnibus Incentive Plan.
  • [F4]Represents performance stock units ("PSUs") granted in connection with the Reporting Person's appointment as President, issued pursuant to the Issuer's 2019 Omnibus Equity Incentive Plan. Each PSU represents a contingent right to receive one share of the Issuer's common stock upon vesting, subject to continued service. The PSU will vest on such date that the 30 day volume weighted average price ("VWAP") for shares of the Issuer's common stock meets or exceeds $20.00, and expire on the fifth anniversary of the grant date if not then vested.
Signature
/s/ Ryan Hansen|2026-05-19

Documents

1 file
  • 4
    form4-05192026_080503.xmlPrimary