Natural Alternatives (NAII) director granted 8,000 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dunn Alan G reported acquisition or exercise transactions in this Form 4 filing.
Natural Alternatives International director Alan G. Dunn received a grant of 8,000 shares of Common Stock as restricted stock under the company’s 2020 Omnibus Incentive Plan. One-third vests on March 7, 2027, another third on March 7, 2028, and the final third on March 7, 2029. Following this award, he directly holds 99,211 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dunn Alan G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 99,211 shares (Direct)
Footnotes (1)
- This transaction represents a grant of restricted stock to an outside Director pursuant to the Issuer's 2020 Omnibus Incentive Plan. One third (2,667 shares) of the restricted stock vests on March 7, 2027; one third (2,667 shares) of the restricted stock vests on March 7, 2028, and the final third (2,666 shares) of the restricted stock vests on March 7, 2029.
FAQ
What insider transaction did NAII director Alan G. Dunn report?
Director Alan G. Dunn reported receiving 8,000 shares of NAII Common Stock as a restricted stock award. The grant was issued at no cash cost to him under the company’s 2020 Omnibus Incentive Plan as part of his director compensation.
Was the NAII Form 4 transaction an open-market purchase or sale?
The transaction was not an open-market trade. It reflects a compensation-related grant of 8,000 restricted shares to an outside director, recorded with transaction code “A” for grant or award, at a reported price per share of $0.0000.