Hansen Ryan P. 4

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.