8-K ·Filed Jun 1, 2026
8-K context-dependent: Items 5.02
Actionable Insight • Neutral
Monitor for announcement of a successor and any further executive departures. This is a routine departure with no financial materiality.
Final — all horizons settled through T+60d
MED ▼ -4.25% at T+60d
NEUTRAL call -4.25% · α vs SPY -5.48% · entry $12.70 → $12.16
T+1d
-2.68%
call -2.68% · α -2.82%
$12.36
settled 5mo ago
T+5d
-4.72%
call -4.72% · α -1.97%
$12.10
settled 5mo ago
T+20d
-16.46%
call -16.46% · α -15.16%
$10.61
settled 4mo ago
T+60d
-4.25%
call -4.25% · α -5.48%
$12.16
settled 2mo ago
Price Chart
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Executive Summary
Medifast's Chief Legal Officer & Corporate Secretary Jason Groves resigned effective May 29, 2026, with a standard separation agreement including one month's salary ($35,648). The company states no disagreement with operations or policies and has begun a search for a replacement.
Key Facts
- Jason L. Groves resigned as Chief Legal Officer & Corporate Secretary effective May 29, 2026
- Separation agreement provides lump-sum severance of $35,648 (one month's base salary)
- Departure not due to any disagreement with the company's operations, policies, or practices
- Company has commenced a search for a permanent replacement
Financial Impact
Severance payment of $35,648 — immaterial relative to Medifast's $139M market cap
cash
Risk Factors
- Potential disruption in legal function until replacement is named
Market Snapshot
Exchange
NYSE
Sector
Miscellaneous Food Preparations & Kindred Products
Analyst Consensus
0% bullish (9 analysts)
Investment Themes
Consumer & Retail
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001628280-26-039293 |
| Document: med-20260529.htm | 0001628280-26-039293 |
| Document: 0001628280-26-039293-index-headers.html | 0001628280-26-039293 |
| Document: 0001628280-26-039293-index.html | 0001628280-26-039293 |
| Document: 0001628280-26-039293.txt | 0001628280-26-039293 |
15 reports for MED
100% Hit rate @ T+5 Went positive at some point 4 of 4 best @ T+60▲ +23.89%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 8-K | — | awaiting T+5 | — | — |
Oct 15, 2026 11d ago | Press Release | $12.06 $12.17 | ▲ +0.91% | ▲ +1.93% | $12.11 (+0.41%) |
Oct 6, 2026 20d ago | Press Release | $11.51 $11.67 | ▲ +1.39% | ▲ +1.53% | $12.11 (+5.21%) |
Oct 1, 2026 25d ago | Press Release | $11.43 $11.43 | · 0.00% | ▼ −1.30% | $12.11 (+5.95%) |
Aug 28, 2026 8w ago | Insider Buy | $12.18 $12.63 | ▲ +3.69% | ▲ +3.59% | $12.11 (−0.57%) |
Aug 26, 2026 8w ago | Insider Buy | $12.22 $12.67 | ▲ +3.68% | ▲ +3.80% | $12.11 (−0.90%) |
Aug 21, 2026 9w ago | Insider Buy | $11.95 $12.18 | ▲ +1.92% | ▲ +1.45% | $12.11 (+1.34%) |
Jul 17, 2026 14w ago | 8-K | $10.26 $9.45 | ▼ −7.89% | ▼ −7.21% | $12.11 (+18.03%) |
Jun 1, 2026 21w ago | 8-K | $12.70 $12.10 | ▼ −4.72% | ▼ −1.97% | $12.11 (−4.65%) |
May 26, 2026 21w ago | 8-K | $12.72 $12.36 | ▼ −2.83% | ▼ −4.04% | $12.11 (−4.80%) |
Showing 10 of 15
US Market Status
Market Closed — Opens Tue (15h 54m)
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