Herbalife (NYSE: HLF) director amends Form 3 to restate 50,000-share trust holding
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
HERBALIFE LTD. director Des Walsh filed an amended Form 3 to update his reported holdings. The filing restates Table I in full and shows indirect ownership of 50,000 shares of common stock held by a trust. The data reflect holdings only, not new buy or sell transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Walsh Des
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 50,000 shares (Indirect, By trust)
Footnotes (1)
- [object Object]
Key Figures
Indirect common shares: 50,000 shares
1 metrics
Indirect common shares
50,000 shares
Indirectly owned by trust after amendment
Key Terms
Form 3/A, Table I, indirect, By trust
4 terms
Form 3/A regulatory
"This Form 3/A is being filed to amend and restate the Table I holdings"
An amended Form 3 (Form 3/A) is a corrected or updated disclosure filed with regulators that revises an insider’s initial report of their ownership in a public company — typically for officers, directors or large shareholders. Investors use it like a corrected inventory list: it clarifies who owns how many shares and whether earlier reports had errors, helping assess insider confidence, possible conflicts and the accuracy of ownership records that can affect stock valuation and trust.
Table I regulatory
"amend and restate the Table I holdings reported in the initial Form 3"
indirect financial
"total_shares_following_transaction 50000.0000 ... ownership_type indirect"
By trust financial
"nature_of_ownership By trust"
FAQ
What does Des Walsh’s amended Form 3/A for HLF report?
The amended Form 3/A reports Des Walsh’s indirect holding of 50,000 shares of Herbalife common stock. It restates the entire Table I holdings section from his initial Form 3 without showing new buy or sell transactions.
Is the HERBALIFE HLF Form 3/A a new insider trade by Des Walsh?
The Form 3/A does not show a new insider trade by Des Walsh. It amends and restates his Table I holdings, listing 50,000 shares of common stock held indirectly by a trust, rather than recording a purchase or sale.
Why was HERBALIFE director Des Walsh’s Form 3 amended?
The footnote states the Form 3/A amends and restates the Table I holdings reported in the initial Form 3 in their entirety. This suggests a correction or clarification of his previously reported 50,000-share indirect common stock position held by a trust.