[Form 4] NATURES SUNSHINE PRODUCTS INC Insider Trading Activity
Rhea-AI Filing Summary
NATURE'S SUNSHINE PRODUCTS (NATR) executive compensation moves: EVP & President, North America Kevin R. Herbert reported multiple equity-related transactions in common shares on March 6, 2026.
He acquired 1,239 common shares through an exercise or conversion tied to a performance-based restricted stock unit grant that vested after the company achieved an adjusted EBITDA milestone of $48M over a rolling 12‑month period. Upon meeting this target, half of the award vested, with the remaining half scheduled to vest one year after that milestone.
The company withheld 368 shares, valued using a $25.06 closing price, to cover taxes due at vesting, a non-market, tax-withholding disposition rather than an open-market sale. Herbert also received a new grant of 7,124 restricted stock units at a reference price of $25.06 per share, which will vest in three equal annual installments through March 6, 2029. Following these transactions, he directly holds 50,610 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Shares | 1,239 | $0.00 | -- |
| Tax Withholding | Common Shares | 368 | $25.06 | $9K |
| Grant/Award | Common Shares | 7,124 | $25.06 | $179K |
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.