Hain Celestial Insider Vesting: Michael Ragusa Receives 641 Shares
Rhea-AI Filing Summary
The reporting person, Michael Ragusa, an officer (SVP, Chief Accounting Officer) of Hain Celestial Group Inc (HAIN), had restricted share units (RSUs) vest on 09/06/2025. A total of 641 RSUs vested, which converted into 641 shares of common stock before tax withholding. The issuer withheld 201 shares to satisfy tax obligations, leaving the reporting person with 4,174 shares beneficially owned after the transactions. The filing shows prior vesting under the same award: 640 RSUs vested on 09/06/2023 and 641 RSUs on 09/06/2024.
Positive
- Executive alignment via multi-year RSU awards with scheduled vesting (2023–2025)
- No open-market sale beyond shares withheld for tax purposes, indicating retention of vested shares
Negative
- Tax withholding reduced the net shares received (201 shares withheld)
- Limited scale of the transaction relative to company size; not material to valuation
Insights
TL;DR Insider received vested RSUs; modest share transfer for tax withholding; transaction is routine and non-market-moving.
The Form 4 documents a typical equity compensation event: 641 RSUs vested and converted to shares, and 201 shares were withheld for taxes. The net increase in directly held shares is consistent with scheduled vesting rather than open-market purchases or sales. For investors, this is an administrative equity-compensation disclosure showing executive alignment with equity incentives but not indicating active trading or strategic reallocation.
TL;DR Routine officer equity vesting disclosed; withholding for taxes occurred; disclosure meets Section 16 reporting expectations.
The filing provides required transparency on beneficial ownership changes tied to compensation. The pattern of annual vesting (2023–2025) suggests multi-year retention incentives. No sales beyond tax withholding are reported, and the form is filed by one reporting person via an attorney-in-fact signature, consistent with standard practice.