Hain Celestial Insider: 5,345 RSUs Vest; 1,676 Shares Withheld for Taxes
Rhea-AI Filing Summary
Kristy Meringolo, an officer (Chief Legal & Corporate Affairs Officer) of Hain Celestial Group Inc. (HAIN), had 5,345 restricted share units (RSUs) vest on 09/06/2025, resulting in the receipt of 5,345 shares of common stock prior to tax withholding. The issuer withheld 1,676 shares to satisfy tax withholding, leaving the reporting person with 78,101 shares beneficially owned after the transactions. The RSU award originally covered 16,035 RSUs, with 5,345 RSUs vesting on each of 09/06/2023, 09/06/2024 and 09/06/2025.
Positive
- Officer received scheduled compensation through vesting of 5,345 RSUs, reflecting management retention alignment with shareholder interests
- Tax withholding performed via share surrender (1,676 shares) rather than cash, reducing cash outflow for the officer and simplifying administration
- Filing shows compliance and timely reporting, signed by attorney-in-fact and submitted within standard disclosure practices
Negative
- Net increase in free-floating shares of the issuer due to vesting, which contributes modestly to share count
- Withholding reduces the reporting person's post-transaction ownership from gross vested shares, slightly lowering her stake than full vesting amount
Insights
TL;DR: Officer received vested RSUs and customary withholding reduced net shares; transaction is routine and non-dilutive beyond scheduled vesting.
This Form 4 reports a standard equity compensation vesting event for a named officer. The reporting person received 5,345 shares on vesting while the company withheld 1,676 shares to satisfy tax obligations. The transactions reflect scheduled vesting under an existing award (16,035 RSUs total with equal tranches over three years) rather than new grants or open-market trades. For investors, this is a routine insider share receipt and tax withholding, not an indicator of unusual insider buying or selling activity.
TL;DR: Vesting and withholding align with typical executive compensation practices; no governance red flags evident from this filing.
The filing documents normal fulfillment of previously granted RSUs with pro rata vesting over three anniversaries. The withholding of 1,676 shares to meet tax obligations is a common practice and reduces immediate dilution impact. The Form 4 is timely and properly signed by an attorney-in-fact, indicating procedural compliance. There is no disclosure here of new awards, accelerated vesting, or waiver of restrictions that would raise governance concerns.