Medifast enters separation agreement with departing CAO Stephen Johnson; $106,962 severance

MEDIFAST INC

CAO Stephen Johnson departed Aug 5, 2021; no disagreement with company or accounting practices.
Separation agreement provides lump-sum severance of $106,962 (24 weeks' pay).
COBRA health coverage continued through Feb 28, 2022; up to six months outplacement assistance.
Agreement includes non-compete, non-disclosure, non-disparagement, and general release.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Stephen K. Johnson

Chief Accounting Officer

MED · MEDIFAST INC

Effective: 2021-08-05
Filed: September 1, 2021, 7:59 PM ET

reported the departure of Stephen K. Johnson, the Company’s Chief Accounting Officer, effective August 5, 2021.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Stephen K. Johnson departed as Chief Accounting Officer at MEDIFAST INC.

Action: departed
Role: Chief Accounting Officer

Exact text from the filing

reported the departure of Stephen K. Johnson, the Company’s Chief Accounting Officer, effective August 5, 2021.

View on SEC.gov

MEDIFAST INC filing history →

Source: SEC EDGAR

accession 0001104659-21-112099

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.