---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-017354"
form_type: "8-K"
ticker: "MED"
cik: "0000910329"
company_name: "MEDIFAST INC"
filed_at: "2022-06-16T23:59:59+00:00"
generated_at: "2026-06-25T01:28:25.572370+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Medifast declares $1.64 quarterly dividend, reelects directors, and amends executive severance plan

## Summary
- Stockholders elected seven directors to Medifast's board, each receiving over 8.8 million votes for.
- Stockholders ratified RSM US LLP as independent auditor for 2022 with over 10 million votes in favor.
- Non-binding advisory vote on executive compensation passed with 8.6 million votes for.
- Board amended Executive Severance Plan, increasing severance multiples to 1.5x salary (2.5x for CEO) plus target bonus on change in control.
- Declared $1.64 per share quarterly dividend payable on August 8, 2022 to shareholders of record June 28, 2022.

## SEC filing metadata
- accession: 0001628280-22-017354
- form_type: 8-K
- ticker: MED
- cik: 0000910329
- company_name: MEDIFAST INC
- filed_at: 2022-06-16T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.07, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/910329/000162828022017354/0001628280-22-017354-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910329/000162828022017354/med-20220615.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-017354
- JSON: https://secwatch.observer/filing/0001628280-22-017354.json
- Plain text: https://secwatch.observer/filing/0001628280-22-017354.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.