Herbalife (HLF) grants 11,879 RSUs to director Michael J. Levitt
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEVITT MICHAEL J reported acquisition or exercise transactions in this Form 4 filing.
HERBALIFE LTD. director Michael J. Levitt received an equity grant in the form of 11,879 restricted stock units (RSUs) on May 8, 2026. The award was granted at no cash cost per unit and was made under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan.
The RSUs will vest 100% on April 15, 2027, as long as Levitt continues to serve on the Board of Directors through that date. After this grant, his directly held equity position reported in this filing totals 49,393 shares or units of common stock-based holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LEVITT MICHAEL J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,879 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 49,393 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 11,879 units
Grant price per unit: $0.00 per unit
Holdings after grant: 49,393 shares/units
+2 more
5 metrics
RSUs granted
11,879 units
Equity award to director on May 8, 2026
Grant price per unit
$0.00 per unit
Reported transaction price for RSU award
Holdings after grant
49,393 shares/units
Total direct holdings following RSU grant
Vesting date
April 15, 2027
RSUs vest 100% on this date if service continues
Transaction type
Grant, award, or other acquisition
Form 4 code A, non-derivative acquisition
Key Terms
restricted stock units ("RSUs"), Amended and Restated 2023 Stock Incentive Plan, vest 100%, Board of Directors
4 terms
restricted stock units ("RSUs") financial
"Consists of restricted stock units ("RSUs") granted under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Amended and Restated 2023 Stock Incentive Plan financial
"granted under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan."
vest 100% financial
"The RSUs will vest 100% on April 15, 2027, subject to continued service"
Board of Directors financial
"subject to continued service on the Issuer's Board of Directors through such date."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What did Herbalife (HLF) director Michael J. Levitt report on this Form 4?
Michael J. Levitt reported receiving 11,879 restricted stock units in Herbalife. The equity award was granted at no cash cost and reflects compensation for board service under the company’s Amended and Restated 2023 Stock Incentive Plan.
How many Herbalife (HLF) RSUs were granted to director Michael J. Levitt?
Levitt was granted 11,879 restricted stock units in Herbalife. These RSUs represent a stock-based compensation award that will convert into shares of common stock if the vesting conditions are satisfied in full.
When do Michael J. Levitt’s Herbalife (HLF) RSUs vest?
Levitt’s 11,879 RSUs are scheduled to vest 100% on April 15, 2027. Vesting is conditioned on his continued service on Herbalife’s Board of Directors through that vesting date, aligning the award with ongoing governance responsibilities.
What is Michael J. Levitt’s Herbalife (HLF) equity position after this RSU grant?
After the RSU grant, Levitt’s directly reported holdings total 49,393 common stock-based shares or units. This figure includes the newly awarded RSUs, providing a snapshot of his equity exposure as disclosed in this specific Form 4 filing.
Did Michael J. Levitt pay cash for the Herbalife (HLF) RSU grant?
No, the reported transaction price per share is zero, indicating no cash payment for the RSUs. This is typical for stock-based compensation awards granted to directors and officers as part of an equity incentive plan.