STOCK TITAN

Herbalife (NYSE: HLF) president uses 4,904 shares to pay RSU taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

HERBALIFE LTD. president Robert Levy reported routine share dispositions to cover tax obligations on vested equity awards. On May 3, 2026 and May 4, 2026, a total of 4,904 common shares were withheld by the company at prices around $16 per share to satisfy taxes on restricted stock units that vested from grants made in 2023 and 2024. Following these non‑market transactions, Levy held 11,405 common shares directly and 433,049 common shares indirectly through a trust.

Positive

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Insider LEVY ROBERT
Role President
Type Security Shares Price Value
Tax Withholding Common Stock 2,027 $15.82 $32K
Tax Withholding Common Stock 2,877 $16.28 $47K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 11,405 shares (Direct, null); Common Stock — 433,049 shares (Indirect, By Trust)
Footnotes (1)
  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.
Tax-withheld shares 4,904 shares Total common shares withheld for tax obligations on RSU vesting
Withholding block 1 2,877 shares at $16.28 Common Stock withheld on May 3, 2026
Withholding block 2 2,027 shares at $15.82 Common Stock withheld on May 4, 2026
Direct holdings after 11,405 shares Directly owned Herbalife common shares after May 4, 2026 transaction
Indirect holdings by trust 433,049 shares Indirect Herbalife common stock ownership reported as By Trust
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
"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.
indirect ownership financial
""ownership_type": "indirect", "nature_of_ownership": "By Trust""
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
LEVY ROBERT

(Last)(First)(Middle)
800 WEST OLYMPIC BLVD.
SUITE 406

(Street)
LOS ANGELES CALIFORNIA 90015

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
HERBALIFE LTD. [ HLF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/03/2026F2,877(1)D$16.2813,432D
Common Stock05/04/2026F2,027(2)D$15.8211,405D
Common Stock433,049IBy Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. 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.
Alaaeddine Sahibi, as Attorney-In-Fact for Robert Levy05/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Herbalife (HLF) president Robert Levy report in this Form 4?

Robert Levy reported share dispositions tied to tax withholding, not open-market trades. A total of 4,904 Herbalife common shares were withheld to cover taxes on vested restricted stock units granted in 2023 and 2024.

How many Herbalife (HLF) shares were withheld for Robert Levy’s taxes?

A total of 4,904 Herbalife common shares were withheld to satisfy tax obligations. The Form 4 shows 2,877 shares at $16.28 and 2,027 shares at $15.82, all connected to vesting of prior restricted stock unit grants.

Were Robert Levy’s Herbalife (HLF) transactions open-market sales?

No, the transactions were tax-withholding dispositions, not open-market sales. Shares were delivered back to Herbalife to cover tax liabilities arising from restricted stock units that vested, a common administrative step for equity compensation.

How many Herbalife (HLF) shares does Robert Levy hold after these transactions?

After these transactions, Robert Levy holds 11,405 Herbalife common shares directly. He also has 433,049 common shares reported as indirectly owned through a trust, according to the ownership details in the Form 4 filing.

What equity awards triggered the Herbalife (HLF) tax withholding for Robert Levy?

The tax withholding stemmed from restricted stock units previously granted to Robert Levy. Footnotes state the RSUs were granted on May 4, 2023 and May 3, 2024, and the withholding occurred upon their vesting in early May 2026.

Does this Herbalife (HLF) Form 4 indicate a change in Robert Levy’s investment view?

The Form 4 mainly reflects routine tax withholding on vested equity awards, not discretionary buying or selling. Such transactions are administrative and generally provide limited insight into the insider’s personal view of Herbalife stock.