Natures Sunshine (NATR) EVP vests 6,798 shares; 1,963 withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Natures Sunshine Products EVP & President, Europe, Bryant J. Yates reported routine equity compensation activity. On May 5, 2026, he exercised performance-based awards to acquire a total of 6,798 Common Shares and had 1,963 shares withheld to cover tax obligations.
The awards vested after the company achieved adjusted EBITDA milestones of $51.1M and $52M over rolling 12-month periods under performance-based restricted stock unit grants made in 2022, 2023, and 2025. The tax-withholding dispositions were priced at $25.915 per share and were not open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Yates Bryant J
Role
EVP & President, Europe
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Shares | 2,448 | $0.00 | -- |
| Tax Withholding | Common Shares | 707 | $25.915 | $18K |
| Exercise | Common Shares | 2,716 | $0.00 | -- |
| Tax Withholding | Common Shares | 784 | $25.915 | $20K |
| Exercise | Common Shares | 1,634 | $0.00 | -- |
| Tax Withholding | Common Shares | 472 | $25.915 | $12K |
Holdings After Transaction:
Common Shares — 78,274 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
Shares acquired via exercises: 6,798 shares
Shares withheld for taxes: 1,963 shares
Tax withholding price: $25.915 per share
+2 more
5 metrics
Shares acquired via exercises
6,798 shares
Performance-based awards exercised on May 5, 2026
Shares withheld for taxes
1,963 shares
Tax withholding on RSU vesting, May 5, 2026
Tax withholding price
$25.915 per share
Value used to determine shares withheld on May 5, 2026
EBITDA milestone 1
$51.1M
Adjusted EBITDA over rolling 12 months for 2022 and 2023 grants
EBITDA milestone 2
$52M
Adjusted EBITDA over rolling 12 months for 2025 grant
Key Terms
performance-based restricted stock unit, adjusted EBITDA milestone, withheld to pay taxes, restricted stock units, +1 more
5 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 milestone financial
"resulting from the company's achievement of an adjusted EBITDA milestone of $51.1M over a rolling 12-month period"
withheld to pay taxes financial
"Represents shares of NATR common stock withheld to pay taxes upon vesting of restricted stock units"
restricted stock units financial
"upon vesting of restricted stock units granted to the reporting person on May 5, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
rolling 12-month period financial
"achievement of an adjusted EBITDA milestone of $52M over a rolling 12-month period"
FAQ
What did NATR executive Bryant J. Yates report in this Form 4?
Bryant J. Yates, EVP & President, Europe of Natures Sunshine, reported vesting and exercise of performance-based equity awards, acquiring 6,798 common shares and having 1,963 shares withheld to cover taxes. These are routine compensation-related transactions, not open-market stock sales.
Were Bryant Yates’ NATR Form 4 transactions open-market sales?
No, the Form 4 shows no open-market purchases or sales. Shares coded “F” were withheld by the company to pay taxes upon vesting of restricted stock units, at $25.915 per share. This tax-withholding mechanism does not represent Yates selling shares into the market.
What role does Bryant J. Yates hold at Natures Sunshine (NATR)?
Bryant J. Yates serves as Executive Vice President and President, Europe at Natures Sunshine Products. The Form 4 transactions reflect equity compensation tied to his executive role, including performance-based restricted stock units that vested upon achievement of specified adjusted EBITDA performance milestones.