Natures Sunshine CAO gets RSU grant, tax shares withheld
Natures Sunshine Products senior vice president and chief accounting officer Jonathan David Lanoy reported compensation-related equity activity in company common shares.
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Rhea-AI Filing Summary
Natures Sunshine Products senior vice president and chief accounting officer Jonathan David Lanoy reported compensation-related equity activity in company common shares. He exercised derivative awards to acquire 913 shares and had 312 shares withheld at $25.06 per share to cover taxes on vesting, with no open-market sale. He also received a grant of 5,415 restricted stock units, each equal to one common share, which vest in three equal annual installments through March 6, 2029. A portion of his shares vested after the company achieved an adjusted EBITDA milestone of $48M over a rolling 12-month period, and he now directly holds 52,249 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Shares | 913 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 312 | $25.06 | $8K |
| Grant/Award | Common Shares | 5,415 | $25.06 | $136K |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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.
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