Natures Sunshine (NATR) EVP vests performance stock units, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Natures Sunshine Products EVP & President, Asia Daniel C. Norman reported compensation-related share activity. On May 5, 2026, performance-based restricted stock units vested after the company achieved adjusted EBITDA milestones of $51.1M and $52M over rolling 12‑month periods. These vestings resulted in multiple grants converting into common shares for the executive.
To cover associated tax liabilities upon vesting, a total of 2,104 common shares were withheld at a price of $25.915 per share, recorded as tax-withholding dispositions rather than open-market sales. Following these transactions, Norman directly holds 42,169 common shares of NATR.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Norman Daniel C
Role
EVP & President, Asia
| 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 | 2,124 | $0.00 | -- |
| Tax Withholding | Common Shares | 613 | $25.915 | $16K |
Holdings After Transaction:
Common Shares — 42,876 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-withholding shares: 2,104 shares
Tax-withholding price: $25.915 per share
Post-transaction holdings: 42,169 shares
+2 more
5 metrics
Tax-withholding shares
2,104 shares
Shares withheld to pay taxes on vesting of RSUs on May 5, 2026
Tax-withholding price
$25.915 per share
Closing NATR price used to determine shares withheld on May 5, 2026
Post-transaction holdings
42,169 shares
Common shares directly owned by Daniel C. Norman after transactions
EBITDA milestone 1
$51.1M adjusted EBITDA
Rolling 12‑month performance target for 2022 and 2023 RSU grants
EBITDA milestone 2
$52M adjusted EBITDA
Rolling 12‑month performance target for 2025 RSU grant
Key Terms
performance-based restricted stock unit, adjusted EBITDA milestone, rolling 12-month period, tax-withholding disposition
4 terms
performance-based restricted stock unit financial
"pursuant to a July 21, 2022, performance-based restricted stock unit grant"
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"
rolling 12-month period financial
"over a rolling 12-month period pursuant to a July 21, 2022, performance-based"
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transactions did NATR executive Daniel C. Norman report?
Daniel C. Norman reported vested performance-based restricted stock units converting into Natures Sunshine common shares. To cover tax obligations on these vestings, 2,104 shares were withheld at $25.915 per share, leaving him with 42,169 directly held shares after the transactions.
Were Daniel C. Norman’s NATR transactions open-market sales or tax withholding?
The dispositions reported by Daniel C. Norman were tax-withholding events, not open-market sales. Shares were withheld by Natures Sunshine Products to satisfy tax liabilities upon vesting of restricted stock units, based on the $25.915 closing share price on May 5, 2026.
What performance milestones triggered Daniel C. Norman’s NATR stock unit vesting?
The vesting of Daniel C. Norman’s performance-based restricted stock units was triggered by Natures Sunshine achieving adjusted EBITDA milestones of $51.1M and $52M over rolling 12‑month periods, under grants dated July 21, 2022, April 20, 2023, and March 10, 2025.