MEDIFAST INC — Director's Dealing 2023

Aug 16, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MEDIFAST INC (MED)
CIK: 0000910329
Period of Report: 2023-08-14

Reporting Person: BROWN JEFFREY J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-14	Common Stock	S	15154	$92.60	Disposed	23162.638	Indirect
2023-08-15	Common Stock	S	9832	$89.79	Disposed	13330.638	Indirect
2023-08-15	Common Stock	S	13330	$90.47	Disposed	0.638	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5725.295	Direct
Common Stock	4136.231	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.50 to $92.95, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 1, 3, and 4 herein.

F2: These shares were held by Brown Equity Partners, LLC ("BEP"), for which the reporting person is the managing member.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.36 to $89.96, inclusive.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.03 to $90.93, inclusive.

F5: These shares are directly owned by Jeffrey Brown Living Trust, for which the reporting person is the sole trustee and sole beneficiary.