CFO of Natures Sunshine (NATR) exercises performance RSUs, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NATURES SUNSHINE PRODUCTS INC EVP & CFO Leslie Shane Jones reported compensation-related share activity in Common Shares on May 5, 2026. He exercised awards to acquire 2,484 shares in one transaction and 4,004 shares in another, and had 1,090 and 1,756 shares withheld to cover taxes at $25.915 per share. The vested shares resulted from achieving adjusted EBITDA milestones of $51.1M and $52M under performance-based restricted stock unit grants. After these transactions, he directly held 103,264 common shares. These were tax and award-related entries, not open-market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Jones Leslie Shane
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Shares | 4,004 | $0.00 | -- |
| Tax Withholding | Common Shares | 1,756 | $25.915 | $46K |
| Exercise | Common Shares | 2,484 | $0.00 | -- |
| Tax Withholding | Common Shares | 1,090 | $25.915 | $28K |
Holdings After Transaction:
Common Shares — 105,020 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 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. 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 $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 (first entry): 1,090 shares at $25.915
Tax-withheld shares (second entry): 1,756 shares at $25.915
Shares acquired via exercise (first): 2,484 shares
+5 more
8 metrics
Tax-withheld shares (first entry)
1,090 shares at $25.915
Shares withheld to pay taxes on May 5, 2026
Tax-withheld shares (second entry)
1,756 shares at $25.915
Additional shares withheld for taxes on May 5, 2026
Shares acquired via exercise (first)
2,484 shares
Common Shares acquired through derivative exercise on May 5, 2026
Shares acquired via exercise (second)
4,004 shares
Additional Common Shares acquired through derivative exercise on May 5, 2026
Adjusted EBITDA milestone 1
$51.1M
Rolling 12‑month adjusted EBITDA target from April 20, 2023 RSU grant
Adjusted EBITDA milestone 2
$52M
Rolling 12‑month adjusted EBITDA target from March 10, 2025 RSU grant
Post-transaction holdings
103,264 shares
Common Shares directly held after May 5, 2026 transactions
Tax-withholding total shares
2,846 shares
Total shares withheld for tax obligations across Form 4
Key Terms
performance-based restricted stock unit, adjusted EBITDA milestone, rolling 12-month period, tax withholding, +1 more
5 terms
performance-based restricted stock unit financial
"pursuant to an April 20, 2023, 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"
rolling 12-month period financial
"achievement of an adjusted EBITDA milestone of $52M over a rolling 12-month period"
tax withholding financial
"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.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
FAQ
What did NATR executive Leslie Shane Jones report in this Form 4?
Leslie Shane Jones reported exercising performance-based equity awards and related tax withholding in NATURES SUNSHINE PRODUCTS INC shares. The activity reflects vesting of restricted stock units after EBITDA milestones were met, rather than open-market buying or selling of the company’s stock.
What performance milestones triggered the NATR restricted stock unit vesting?
The vesting was tied to NATURES SUNSHINE PRODUCTS INC achieving adjusted EBITDA milestones of $51.1M and $52M over rolling 12‑month periods. These milestones came from performance-based restricted stock unit grants dated April 20, 2023 and March 10, 2025 to the reporting executive.
Were any of the NATR Form 4 transactions open-market buys or sells?
None of the reported transactions were open-market trades. The Form 4 shows derivative exercises coded “M” and tax-withholding dispositions coded “F,” which represent equity award vesting and tax payments rather than discretionary purchases or sales in the open market.