Herbalife (NYSE: HLF) COO has 6,214 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HERBALIFE LTD. Chief Operating Officer Troy Hicks reported routine share dispositions related to tax withholding on vested equity awards. On May 3 and May 4, 2026, a total of 6,214 shares of common stock were withheld at prices of $16.28 and $15.82 per share.
The footnotes explain these shares were withheld to satisfy tax obligations triggered by the vesting of restricted stock units granted on May 3, 2024 and May 4, 2023. After these transactions, Hicks continued to hold over 44,000 shares of Herbalife common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hicks Troy
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,877 | $15.82 | $46K |
| Tax Withholding | Common Stock | 3,337 | $16.28 | $54K |
Holdings After Transaction:
Common Stock — 44,032 shares (Direct, null)
Footnotes (1)
- Represents shares withheld to satisfy tax obligations due in connection with the vesting of restricted stock units previously granted to the Reporting Person on May 3, 2024. Represents shares withheld to satisfy tax obligations due in connection with the vesting of restricted stock units previously granted to the Reporting Person on May 4, 2023.
Key Figures
Tax-withheld shares total: 6,214 shares
Shares withheld May 3, 2026: 3,337 shares at $16.28
Shares withheld May 4, 2026: 2,877 shares at $15.82
+2 more
5 metrics
Tax-withheld shares total
6,214 shares
Common stock withheld for tax obligations on May 3–4, 2026
Shares withheld May 3, 2026
3,337 shares at $16.28
Form 4 code F, tax-withholding disposition
Shares withheld May 4, 2026
2,877 shares at $15.82
Form 4 code F, tax-withholding disposition
Post-transaction holdings
44,032 shares
Common stock directly held after May 4, 2026 transaction
Tax-withholding transactions count
2 transactions
Both coded F for payment of tax liability
Key Terms
restricted stock units, tax obligations, tax-withholding disposition, Form 4
4 terms
restricted stock units financial
"vesting of restricted stock units previously granted to the Reporting Person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax obligations financial
"shares withheld to satisfy tax obligations due in connection with the vesting"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Herbalife (HLF) COO Troy Hicks report in this Form 4 filing?
Troy Hicks reported routine share dispositions related to tax withholding. A total of 6,214 Herbalife common shares were withheld to cover tax obligations arising from vesting restricted stock units previously granted as part of his compensation.
Are Troy Hicks’ Herbalife (HLF) Form 4 transactions open-market sales?
No, the transactions are not open-market sales. They are coded “F,” meaning shares were withheld by the company to pay tax liabilities tied to vesting restricted stock units, rather than discretionary selling of shares in the open market.
What equity awards caused the Herbalife (HLF) tax-withholding for Troy Hicks?
The tax-withholding arose from vesting restricted stock units previously granted to Troy Hicks. Footnotes state the RSUs were granted on May 3, 2024 and May 4, 2023, and their vesting created tax liabilities settled by withholding Herbalife shares.