secwatch.observer — SEC 8-K summary
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Issuer:     Lifevantage Corp (LFVN)
CIK:        0000849146
Form:       8-K
Filed at:   2026-08-03T20:05:17+00:00
Accession:  0001193125-26-330531
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LifeVantage adopts 2026 New Employee LTIP, reserving 1.5M shares for new-hire equity awards
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- Board approved 2026 New Employee Long-Term Incentive Plan on July 31, 2026.
- Plan reserves 1,500,000 shares of common stock for issuance to new employees as inducement grants.
- Awards limited to new hires or rehires after bona fide non-employment; no incentive stock options allowed.
- Plan adopted without stockholder approval under Nasdaq Rule 5635(c)(4).
- Plan substantially similar to 2017 LTIP except no ISOs and only for eligible new employees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/849146/000119312526330531/0001193125-26-330531-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/849146/000119312526330531/lfvn-20260731.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-330531

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