Herbalife President granted 33,301 stock rights
Rhea-AI Filing Summary
HERBALIFE LTD. President Robert Levy reported an amended insider transaction reflecting a grant of stock appreciation rights. The Form 4/A shows an acquisition of 33,301 stock appreciation rights at an exercise price of $0.00 per right, classified as a grant or award.
The amendment states it was filed solely to correct the previously reported exercise price, which had been shown as $10.51, with no other changes to the original filing. These stock appreciation rights were granted under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan and will vest in three equal installments on February 25, 2027, February 25, 2028, and February 25, 2029, subject to Mr. Levy’s continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Rights | 33,301 | $0.00 | $0.00 |
Footnotes (2)
- F1. This amendment is being filed solely to correct the exercise price, which was previously reported as $10.51. No other information in the original Form 4 has been changed.
- F2. Consists of stock appreciation rights ("SARs") granted under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan. These SARs will vest in one-third increments on each of February 25, 2027, February 25, 2028, and February 25, 2029, subject to continued service through such date.
FAQ
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What insider transaction did Herbalife (HLF) President Robert Levy report?
Why did Herbalife (HLF) file an amended Form 4/A for Robert Levy?
How many stock appreciation rights did Robert Levy receive from Herbalife (HLF)?
When do Robert Levy’s Herbalife (HLF) stock appreciation rights vest?
Under which plan were Robert Levy’s Herbalife (HLF) stock appreciation rights granted?
Is Robert Levy’s Herbalife (HLF) Form 4/A transaction a stock purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.