Natures Sunshine (NATR) CFO receives RSUs, 878 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Natures Sunshine Products EVP & Chief Financial Officer Leslie Shane Jones reported equity compensation activity in company common shares. Jones received 2,002 vested shares tied to achieving a $48M adjusted EBITDA milestone over a rolling 12-month period and had 878 shares withheld at $25.06 per share to cover taxes on vesting. Jones was also granted 11,798 restricted stock units, each representing one common share, which vest in three equal annual installments through March 6, 2029, bringing direct holdings to 121,514 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Jones Leslie Shane
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Shares | 2,002 | $0.00 | -- |
| Tax Withholding | Common Shares | 878 | $25.06 | $22K |
| Grant/Award | Common Shares | 11,798 | $25.06 | $296K |
Holdings After Transaction:
Common Shares — 110,594 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 equity awards did Natures Sunshine (NATR) CFO Leslie Shane Jones receive?
Leslie Shane Jones received 11,798 restricted stock units and 2,002 vested common shares. The vested shares relate to achieving a $48M adjusted EBITDA milestone, while the new RSUs vest in three equal annual installments through March 6, 2029.
How are the new restricted stock units for NATR’s CFO structured?
The 11,798 restricted stock units each represent one NATR common share. They vest in three equal annual installments starting from the grant date and continue through March 6, 2029, aligning compensation with longer-term company performance.