Herbalife (NYSE: HLF) director receives 13,626 RSUs vesting in 2027
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- [object Object]
Key Figures
RSUs granted: 13,626 shares
Grant price: $0.00 per share
Holdings after grant: 50,769 shares
+1 more
4 metrics
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
Key Terms
restricted stock units ("RSUs"), Amended and Restated 2023 Stock Incentive Plan, vest 100%, Board of Directors
4 terms
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.
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.
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.