Natures Sunshine (NATR) CAO reports RSU vesting, tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NATURES SUNSHINE PRODUCTS INC senior vice president and chief accounting officer Jonathan David Lanoy reported routine equity compensation activity in common shares. Performance-based restricted stock units vested after the company achieved adjusted EBITDA milestones of $51.1M and $52M over rolling 12‑month periods. To cover related tax obligations, 912 shares of NATR common stock were withheld at $25.915 per share. Following these vesting and tax-withholding transactions, Lanoy directly holds 40,366 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Lanoy Jonathan David
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Shares | 460 | $0.00 | -- |
| Tax Withholding | Common Shares | 133 | $25.915 | $3K |
| Exercise | Common Shares | 1,565 | $0.00 | -- |
| Tax Withholding | Common Shares | 452 | $25.915 | $12K |
| Exercise | Common Shares | 1,133 | $0.00 | -- |
| Tax Withholding | Common Shares | 327 | $25.915 | $8K |
Holdings After Transaction:
Common Shares — 40,499 shares (Direct, null)
Footnotes (1)
- These shares are vested shares resulting from the company's achievement of an adjusted EBITDA milestone of $51.1M over a rolling 12-month period pursuant to a July 21, 2022, 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 May 5, 2026. The number of shares withheld was determined on May 5, 2026, based on the closing price of NATR common stock on that date. These shares are vested shares resulting from the company's achievement of an adjusted EBITDA milestone of $51.1M over a rolling 12-month period pursuant to an April 20, 2023, 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. These shares are vested shares resulting from the company's achievement of an adjusted EBITDA milestone of $52M over a rolling 12-month period pursuant to a March 10, 2025, 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.
Key Figures
Tax-withheld shares: 912 shares
Withholding price: $25.915 per share
Post-transaction holdings: 40,366 shares
+3 more
6 metrics
Tax-withheld shares
912 shares
Shares withheld to pay taxes on RSU vesting at $25.915
Withholding price
$25.915 per share
Closing price of NATR common stock used for tax withholding
Post-transaction holdings
40,366 shares
Common shares directly held by Jonathan Lanoy after transactions
RSU vesting grant 1
1,133 shares
Common shares from performance-based RSU vesting on May 5, 2026
RSU vesting grant 2
1,565 shares
Common shares from 2023 performance-based RSU vesting
RSU vesting grant 3
460 shares
Common shares from 2025 performance-based RSU vesting
Key Terms
performance-based restricted stock unit, adjusted EBITDA, rolling 12-month period, tax withholding
4 terms
performance-based restricted stock unit financial
"pursuant to a July 21, 2022, performance-based restricted stock unit grant to the reporting person"
A performance-based restricted stock unit is a promise of company shares given to an employee that only becomes actual stock if specific performance targets are met and any required time at the company is completed. For investors, these awards matter because they can dilute existing shares when earned and signal management’s confidence or the company’s expected future performance, much like a bonus cheque that only clears when pre-set goals are reached.
adjusted EBITDA financial
"company's achievement of an adjusted EBITDA milestone of $51.1M over a rolling 12-month period"
Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.
rolling 12-month period financial
"achievement of an adjusted EBITDA milestone of $52M over a rolling 12-month period"
tax withholding financial
"Represents shares of NATR common stock withheld to pay taxes upon vesting of restricted stock units"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
FAQ
What insider transactions did NATR executive Jonathan David Lanoy report?
Jonathan David Lanoy reported vesting of performance-based restricted stock units and related tax-withholding dispositions. Multiple grants vested into common shares, while 912 shares were withheld to satisfy taxes, leaving him with 40,366 NATR common shares held directly after these entries.
Were the NATR Form 4 transactions open-market buys or sales?
The reported NATR transactions were not open-market buys or sales. They reflected derivative exercises and tax-withholding dispositions linked to restricted stock unit vesting, with shares withheld at $25.915 to pay taxes rather than being sold in the open market.
What performance targets triggered Jonathan Lanoy’s NATR RSU vesting?
Lanoy’s performance-based restricted stock units vested after NATURES SUNSHINE PRODUCTS INC achieved adjusted EBITDA milestones. Footnotes state milestones of $51.1M and $52M over rolling 12‑month periods under grants dated July 21, 2022, April 20, 2023, and March 10, 2025.
What is the role of Jonathan David Lanoy at NATURES SUNSHINE PRODUCTS INC?
Jonathan David Lanoy serves as senior vice president and chief accounting officer at NATURES SUNSHINE PRODUCTS INC. The Form 4 filing lists him as an officer, and the reported equity transactions relate to his compensation in the form of restricted stock units in company shares.