Herbalife (NYSE: HLF) president uses 4,904 shares to pay RSU taxes
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
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)
- 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.
Key Figures
Tax-withheld shares: 4,904 shares
Withholding block 1: 2,877 shares at $16.28
Withholding block 2: 2,027 shares at $15.82
+2 more
5 metrics
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
Key Terms
restricted stock units, tax obligations, tax-withholding disposition, indirect ownership, +1 more
5 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
"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.
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.
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.
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.