Herbalife (NYSE: HLF) director receives 11,879 RSUs award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HERBALIFE LTD. director Rodica Macadrai received a grant of 11,879 shares of Common Stock in the form of restricted stock units as compensation. The award carries no cash exercise price. After this grant, she directly holds 67,441 shares in total.
The restricted stock units were granted under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan and will vest 100% on April 15, 2027, provided she continues to serve on the Board of Directors through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Macadrai Rodica
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,879 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 67,441 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 11,879 shares
Post-grant holdings: 67,441 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
RSU grant size
11,879 shares
Restricted stock units of Common Stock granted to director
Post-grant holdings
67,441 shares
Total Common Stock directly held after transaction
Grant price per share
$0.0000 per share
Reported transaction price for RSU grant
Vesting date
April 15, 2027
RSUs vest 100% on this date, subject to continued service
Key Terms
restricted stock units ("RSUs"), Amended and Restated 2023 Stock Incentive Plan, vest, 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 financial
"The RSUs will vest 100% on April 15, 2027, subject to continued service"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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 Rodica Macadrai report on this Form 4?
Rodica Macadrai reported receiving 11,879 restricted stock units of Herbalife common stock as a compensation grant. These units were awarded at no cash cost and increase her direct holdings to a total of 67,441 shares after the transaction.
When do Rodica Macadrai’s Herbalife (HLF) RSUs from this grant vest?
The 11,879 restricted stock units granted to Rodica Macadrai vest 100% on April 15, 2027. Vesting is conditioned on her continued service on Herbalife’s Board of Directors through that date under the company’s 2023 Stock Incentive Plan.
What type of transaction is reported in this Herbalife (HLF) Form 4?
The Form 4 reports an acquisition coded as “A,” indicating a grant or award of securities rather than an open-market purchase. Specifically, it is a compensation-related restricted stock unit grant with no cash exercise price per share disclosed.
Under which plan were the Herbalife (HLF) RSUs granted to Rodica Macadrai?
The restricted stock units granted to Rodica Macadrai were issued under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan. This plan governs equity-based compensation awards, including RSUs, for eligible participants such as members of the Board of Directors.