Herbalife (HLF) director Richard Carmona granted 11,879 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Carmona Richard H reported acquisition or exercise transactions in this Form 4 filing.
HERBALIFE LTD. director Richard H. Carmona received a grant of 11,879 shares of Common Stock in the form of restricted stock units. These RSUs were granted at no cash cost and increase his direct holdings to 83,645 shares after the transaction.
The RSUs were granted under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan. They will vest 100% on April 15, 2027, provided Carmona continues to serve on the company’s Board of Directors through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Carmona Richard H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,879 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 83,645 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 11,879 shares
Holdings after transaction: 83,645 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
RSUs granted
11,879 shares
Restricted stock units granted on May 8, 2026
Holdings after transaction
83,645 shares
Total Common Stock directly held after RSU grant
Grant price per share
$0.00 per share
Compensation award, not an open-market purchase
Vesting date
April 15, 2027
RSUs vest 100% on this date, subject to continued Board service
Key Terms
restricted stock units, Amended and Restated 2023 Stock Incentive Plan, vest, Board of Directors
4 terms
restricted stock units financial
"Consists of restricted stock units ("RSUs") granted under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan."
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.
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.