Natures Sunshine (NATR) EVP granted RSUs and has shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Natures Sunshine Products EVP and General Counsel Nathan G. Brower reported routine equity compensation activity. He acquired 1,086 common shares through an exercise of derivative securities and then had 371 shares withheld at $25.06 per share to cover taxes on vesting.
Brower also received a grant of 7,250 restricted stock units at a reference price of $25.06. These RSUs vest in three equal annual installments through March 6, 2029. A prior performance-based RSU grant vested after the company achieved an adjusted EBITDA milestone of $48M over a rolling 12‑month period. Following these transactions, he directly holds 53,200 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Brower Nathan G
Role
EVP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Shares | 1,086 | $0.00 | -- |
| Tax Withholding | Common Shares | 371 | $25.06 | $9K |
| Grant/Award | Common Shares | 7,250 | $25.06 | $182K |
Holdings After Transaction:
Common Shares — 46,321 shares (Direct)
Footnotes (1)
- These shares are vested shares resulting from the achievement of an adjusted EBITDA milestone of $48M over a rolling 12-month period pursuant to a March 11, 2024, performance-based restricted stock unit grant to the reporting person. As a result, half of the target vests upon achievement of the target and another half will vest one year following the achievement of such milestone. Represents shares of NATR common stock withheld to pay taxes upon vesting of restricted stock units granted to the reporting person on March 6, 2026. The number of shares withheld was determined on March 6, 2026, based on the closing price of NATR common stock on that date. These shares are in the form of restricted stock units (RSUs). Each RSU represents the right to receive one share of NATR common stock. These RSUs vest in three equal annual installments from the initial grant date through March 6, 2029.
FAQ
What insider transactions did NATR EVP Nathan Brower report on this Form 4?
Nathan G. Brower reported acquiring 1,086 common shares via derivative exercise, a 7,250-share RSU grant, and a 371-share tax withholding. These are routine compensation-related transactions rather than open‑market stock purchases or sales.
What is the significance of the $48M EBITDA milestone mentioned for NATR?
A prior performance-based RSU grant to Nathan Brower vested when Natures Sunshine achieved an adjusted EBITDA milestone of $48M over a rolling 12‑month period. Half of that RSU award vested at achievement, with the remaining half vesting one year later.
How do the new RSUs granted to NATR EVP Nathan Brower vest?
The new award of 7,250 restricted stock units vests in three equal annual installments from the grant date through March 6, 2029. Each RSU represents the right to receive one share of NATR common stock upon vesting, subject to continued service conditions.
Were any of Nathan Brower’s NATR transactions open-market stock sales?
No open‑market sales were reported. The 371-share disposition was a tax‑withholding transaction at $25.06 per share tied to RSU vesting, where shares were delivered to cover taxes rather than sold in the market.