secwatch.observer — SEC 8-K summary
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Issuer:     Lifevantage Corp (LFVN)
CIK:        0000849146
Form:       8-K
Filed at:   2026-04-16T23:59:59+00:00
Accession:  0001193125-26-159324
Event type: leadership
Sentiment:  positive
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LifeVantage names Terrence Moorehead CEO; current CEO Steve Fife retiring Apr 30
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- Steve Fife retires as President and CEO effective April 30, 2026; transition agreement with advisory through Sept 11, 2026.
- Terrence Moorehead appointed President, CEO and Board member effective August 5, 2026; formerly CEO of Nature's Sunshine Products 2018-2025.
- Michael Beindorff appointed Interim CEO from May 1 to Aug 4, 2026; paid $45,833/month under consulting agreement.
- Moorehead compensation: $850k base salary; annual cash bonus target up to 100%; RSUs of $2M (3-yr vest) + $800k prorated; PSUs of $3.5M + $1.2M (revenue/EBITDA targets).
- Transition benefits for Fife: medical premiums up to 18 months, prorated FY2026 bonus, continued RSU/PSU vesting through transition term.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/849146/000119312526159324/0001193125-26-159324-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/849146/000119312526159324/lfvn-20260413.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-159324

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer