---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-038109"
form_type: "8-K"
ticker: "MED"
cik: "0000910329"
company_name: "MEDIFAST INC"
filed_at: "2026-05-26T20:26:14+00:00"
generated_at: "2026-05-26T20:30:17.319413+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Medifast appoints Nicholas Johnson as CEO; Dan Chard becomes non-executive Chairman

## Summary
- Nicholas Johnson, 46, becomes CEO effective June 1, 2026; Dan Chard transitions to non-executive Chairman.
- Johnson's compensation: $600K base salary, target bonus 100% of base, LTI target 250% of base (69% increase vs. prior role).
- Stockholders approved Amended 2012 Share Incentive Plan, increasing authorized shares by 250,000.
- All seven director nominees elected; say-on-pay and auditor ratification passed.
- Johnson joined Medifast in 2018, most recently as President; prior senior roles at Nu Skin Enterprises.

## SEC filing metadata
- accession: 0001628280-26-038109
- form_type: 8-K
- ticker: MED
- cik: 0000910329
- company_name: MEDIFAST INC
- filed_at: 2026-05-26T20:26:14+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/910329/000162828026038109/0001628280-26-038109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910329/000162828026038109/med-20260519.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-038109
- JSON: https://secwatch.observer/filing/0001628280-26-038109.json
- Plain text: https://secwatch.observer/filing/0001628280-26-038109.txt

## Source-grounded claims
- claim_id: 8ad070441e
  claim: Nicholas Johnson was appointed as Chief Executive Officer at MEDIFAST INC.
  evidence_excerpt: On May 20, 2026, the Board appointed Nicholas Johnson, age 46, to serve as Chief Executive Officer of the Company, effective June 1, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/910329/000162828026038109/0001628280-26-038109-index.htm

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