STOCK TITAN

Herbalife (NYSE: HLF) director receives 13,626 RSUs vesting in 2027

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

Rhea-AI Filing Summary

Miller Perkins reported acquisition or exercise transactions in this Form 4 filing.

Herbalife Ltd. director Miller Perkins reported receiving 13,626 shares of Common Stock in the form of restricted stock units (RSUs). These RSUs were granted under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan and carry a grant price of $0.00 per share.

The RSUs will vest 100% on April 15, 2027, provided Perkins continues to serve on the company’s Board of Directors through that date. After this grant, Perkins directly holds 50,769 shares of Herbalife common stock.

Positive

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Insider Miller Perkins
Role null
Type Security Shares Price Value
Grant/Award Common Stock 13,626 $0.00 --
Holdings After Transaction: Common Stock — 50,769 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 13,626 shares Restricted stock units of Common Stock granted to director
Grant price $0.00 per share RSU grant under Amended and Restated 2023 Stock Incentive Plan
Holdings after grant 50,769 shares Total Common Stock directly held after transaction
Vesting date April 15, 2027 RSUs vest 100% on this date, subject to continued service
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
"RSUs granted under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan."
vest 100% financial
"The RSUs will vest 100% on April 15, 2027, subject to continued service"
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.
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*
Miller Perkins

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026
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 Stock05/08/2026A13,626(1)A$0.0050,769D
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. Consists of restricted stock units ("RSUs") granted under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan. The RSUs will vest 100% on April 15, 2027, subject to continued service on the Issuer's Board of Directors through such date.
/s/ Alaaeddine Sahibi, as Attorney-In- Fact for Perkins Miller05/12/2026
** 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 insider transaction did Herbalife (HLF) director Miller Perkins report?

Miller Perkins reported an acquisition of 13,626 shares as restricted stock units. The award was recorded at $0.00 per share and was granted under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan, increasing his direct holdings to 50,769 shares.

How many Herbalife (HLF) RSUs were granted to Miller Perkins and under which plan?

Miller Perkins received 13,626 restricted stock units (RSUs) of Herbalife common stock. These RSUs were granted under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan, which governs stock-based awards for eligible participants, including members of the Board of Directors.

When will Miller Perkins’s Herbalife (HLF) RSUs vest?

The RSUs granted to Miller Perkins will vest 100% on April 15, 2027. Vesting is conditioned on his continued service on Herbalife Ltd.’s Board of Directors through that date, meaning the units become deliverable as shares only if that service requirement is met.

What are Miller Perkins’s total Herbalife (HLF) share holdings after this Form 4?

Following this RSU grant, Miller Perkins is reported as directly holding 50,769 shares of Herbalife common stock. This total includes the 13,626 newly granted restricted stock units shown in the filing, reflecting his current direct equity stake as disclosed.

Was Miller Perkins’s Herbalife (HLF) transaction an open-market stock purchase?

No, the transaction was classified as a grant or award acquisition, not an open-market purchase. The Form 4 shows code “A” for acquisition and a price of $0.00 per share, indicating stock units granted under the company’s stock incentive plan rather than bought in the market.