Every 8-K that Natural Alternatives International Inc. (NAII) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow NAII and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NAII filings page.
Natural Alternatives International, Inc. reported that Chief Financial Officer Michael E. Fortin has resigned, effective May 15, 2026, to become CFO of another company with greater responsibilities and growth opportunities. While the company searches for a new CFO, President Kenneth E. Wolf, who previously served as CFO, will act as Principal Financial Officer and Principal Accounting Officer.
Natural Alternatives International, Inc. updated the employment terms of its Chief Executive Officer, Mark A. LeDoux. Effective May 1, 2026, his base salary under the U.S. agreement decreases from $475,000 per year to $255,000, along with certain reductions in benefits paid to officers.
At the same time, LeDoux entered into a new employment agreement to serve as Managing Director of the company’s wholly owned Swiss subsidiary, with a base salary of 170,000 CHF per year. The company intends his combined compensation from both roles to be approximately the same, subject to currency fluctuations.
LeDoux will continue as CEO of the U.S. entity and Chairperson of the Boards, while committing to spend at least half his time in Switzerland to help expand worldwide revenue and broaden customer opportunities through the Swiss operations.
Natural Alternatives International, Inc. entered into a Waiver and Release Agreement with Wells Fargo Bank after breaching certain financial covenants in its existing credit agreement. For the fiscal first quarter ended September 30, 2025, the company did not comply with the maximum net loss and fixed charge coverage ratio requirements under its revolving and term loan facilities. On December 17, 2025, Wells Fargo agreed to waive all of these defaults and confirmed that the credit agreement, security agreement and related deed of trust remain in full force and effect, allowing NAI to maintain its current borrowing arrangements.
Natural Alternatives International, Inc. reported the results of its annual stockholder meeting held on December 5, 2025. Stockholders elected Class II director Alan G. Dunn to continue serving until the next Class II election and until his successor is elected and qualified.
Investors also approved the First Amendment to the 2020 Omnibus Equity Incentive Plan, allowing the company to continue using equity-based awards as part of its compensation programs. Stockholders ratified the selection of Haskell & White LLP as the independent registered public accounting firm for the fiscal year ending June 30, 2026.
On executive pay matters, stockholders approved, on an advisory and non-binding basis, the compensation of the company’s named executive officers. In a separate advisory vote on the frequency of future say-on-pay votes, stockholders supported holding the vote every three years.
Natural Alternatives International, Inc. (NASDAQ: NAII) filed an 8-K announcing the execution of a Sixth Amendment to its credit agreement with Wells Fargo, effective June 20, 2025.
Key terms
- Maturity extended from the current expiry to December 31, 2026, giving NAII an additional 18 months of committed bank financing.
- Revolving credit limit reduced from $12.5 million to $10 million, lowering undrawn liquidity head-room by $2.5 million.
- Collateral expanded: the company’s Carlsbad, CA powder-processing facility is now pledged, and the existing Deed of Trust is modified to secure both the term loan and the amended revolver.
- All other security agreements, including the July 1, 2019 Security Agreement, remain in force.
The amendment package consists of three executed documents (Exhibits 10.40-10.42) and is accompanied by a press release dated June 23, 2025 (Exhibit 99.9). No financial statements were included.
Management characterizes the change as a material definitive agreement (Item 1.01) and a direct financial obligation (Item 2.03). The filing provides no update on current borrowings, covenant levels or interest pricing.