Herbalife Ltd. (NYSE: HLF) withholds shares for executive tax payment
Rhea-AI Filing Summary
HERBALIFE LTD. Chief Commercial Officer Frank Lamberti reported a tax-withholding disposition of 1,710 shares of common stock on August 4, 2026, at $12.80 per share to satisfy tax obligations from vesting restricted stock units granted August 4, 2023. After this withholding, he directly holds 34,914 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,710 shares
Net Sell
1 txn
Insider
Lamberti Frank
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,710 | $12.80 | $22K |
Holdings After Transaction:
Common Stock — 34,914 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to satisfy tax obligations due in connection with the vesting of restricted stock units previously granted to the Reporting Person on August 4, 2023.
Key Figures
Shares withheld for taxes: 1,710 shares
Per-share value for withholding: $12.80 per share
Shares held after transaction: 34,914 shares
3 metrics
Shares withheld for taxes
1,710 shares
Tax-withholding disposition on August 4, 2026
Per-share value for withholding
$12.80 per share
Price used for tax withholding on August 4, 2026
Shares held after transaction
34,914 shares
Direct common stock ownership after August 4, 2026 transaction
Key Terms
restricted stock units, tax obligations, tax-withholding disposition, withholding securities
4 terms
restricted stock units financial
"in connection with the vesting of restricted stock units previously granted"
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
"Represents shares withheld to satisfy tax obligations due in connection"
tax-withholding disposition financial
"reported a tax-withholding disposition of 1,710 shares of common stock"
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.
withholding securities financial
"Payment of tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Herbalife (HLF) report for Frank Lamberti?
Herbalife reported that Chief Commercial Officer Frank Lamberti had 1,710 shares of common stock withheld on August 4, 2026. The disposition was to cover tax obligations tied to the vesting of previously granted restricted stock units.
Does the Herbalife (HLF) filing indicate a market sale by Frank Lamberti?
No market sale is indicated; the Form 4 reports a tax-withholding disposition coded as an "F" transaction. Shares were withheld by the issuer to pay taxes on vested restricted stock units, rather than sold on the open market.