# LifeVantage Grants Equity Inducement Awards to CEO Terrence Moorehead

- URL: https://stocks.freetheai.org/news/lifevantage-grants-equity-inducement-awards-to-ceo-terrence-moorehead-0880e8
- Published: 2026-10-12T20:05:00Z
- Category: company_news; sentiment: neutral; impact: low
- Symbols: [NASDAQ:LFVN](https://stocks.freetheai.org/symbols/NASDAQ-LFVN)
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LifeVantage Corporation (LFVN) granted executive equity awards to its President and Chief Executive Officer, Terrence Moorehead. The board issued the grants on October 7, 2026, under the company's 2026 New Employee Long-Term Incentive Plan as an employment inducement approved under Nasdaq Listing Rule 5635(c)(4). The terms follow an executive benefits agreement established on April 15, 2026.

The award package includes 128,824 restricted stock units that vest in three equal annual tranches starting one year from the grant date. Additionally, the CEO received 193,237 performance-based restricted stock units at target, with the potential to reach 289,855 shares if maximum goals are met. These performance units are tied to revenue and Adjusted EBITDA margin milestones over a 3.5-year period, aligning leadership compensation directly with top-line growth and operational efficiency.

Investors will monitor whether the executive team can achieve the revenue and Adjusted EBITDA targets required to unlock the maximum equity payout. Continued service through each vesting date remains a condition for all granted units. Shares of the company recently traded at 6.01 USD.

## Key points

- LifeVantage Corporation granted equity awards to President and CEO Terrence Moorehead under its 2026 New Employee Long-Term Incentive Plan.
- The grant includes 128,824 time-vested restricted stock units vesting equally over three years starting on the one-year grant anniversary.
- The package includes 193,237 target performance stock units, which can scale up to 289,855 shares based on revenue and Adjusted EBITDA margin targets.
- Vesting of performance units depends on hitting specific financial targets over a 3.5-year performance period alongside continued service.

## Questions and answers

### What stock awards did LifeVantage grant to CEO Terrence Moorehead?

LifeVantage granted CEO Terrence Moorehead 128,824 restricted stock units vesting over three years and 193,237 performance-based units that vest based on revenue and Adjusted EBITDA targets over 3.5 years.

### What performance targets determine LifeVantage CEO stock vesting?

Vesting for the performance-based stock units depends on meeting specified revenue and Adjusted EBITDA margin targets over a 3.5-year period, as well as continued employment.

### Under what rule were the LifeVantage inducement awards granted?

The awards were granted as employment inducement material under Nasdaq Listing Rule 5635(c)(4) and the company's 2026 New Employee Long-Term Incentive Plan.