EVP at Natures Sunshine (NATR) nets 4,107 shares after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Natures Sunshine Products EVP and General Counsel Nathan G. Brower reported compensation-related share activity tied to performance milestones. On May 5, 2026, performance-based restricted stock units vested in three tranches totaling 5,775 common shares after the company achieved adjusted EBITDA milestones of $51.1M and $52M over rolling 12‑month periods. To cover tax obligations on these vestings, the company withheld a total of 1,668 common shares at a price of $25.915 per share, a tax-withholding disposition rather than an open‑market sale. After these transactions, Brower directly holds 44,359 common shares of Natures Sunshine Products.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Brower Nathan G
Role
EVP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Shares | 2,014 | $0.00 | -- |
| Tax Withholding | Common Shares | 582 | $25.915 | $15K |
| Exercise | Common Shares | 2,235 | $0.00 | -- |
| Tax Withholding | Common Shares | 645 | $25.915 | $17K |
| Exercise | Common Shares | 1,526 | $0.00 | -- |
| Tax Withholding | Common Shares | 441 | $25.915 | $11K |
Holdings After Transaction:
Common Shares — 44,359 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
RSU shares vested: 5,775 shares
Shares withheld for taxes: 1,668 shares
Withholding share price: $25.915 per share
+4 more
7 metrics
RSU shares vested
5,775 shares
Performance-based restricted stock units vesting on May 5, 2026
Shares withheld for taxes
1,668 shares
Tax-withholding dispositions on May 5, 2026
Withholding share price
$25.915 per share
Closing price used to determine tax-withholding shares
Net increase in shares
4,107 shares
Vested RSUs minus tax-withholding shares
Post-transaction holdings
44,359 shares
Direct common shares held after May 5, 2026 transactions
Adjusted EBITDA milestone 1
$51.1M
Rolling 12-month adjusted EBITDA target for 2022 and 2023 grants
Adjusted EBITDA milestone 2
$52M
Rolling 12-month adjusted EBITDA target for 2025 grant
Key Terms
performance-based restricted stock unit, adjusted EBITDA milestone, rolling 12-month period, tax-withholding disposition, +1 more
5 terms
performance-based restricted stock unit financial
"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
"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"
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.
restricted stock units financial
"upon vesting of restricted stock units granted to the reporting person"
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.
FAQ
What did NATR EVP Nathan Brower report in this Form 4 filing?
Nathan G. Brower reported performance-based restricted stock units vesting and related tax-withholding share dispositions. He received vested common shares tied to adjusted EBITDA milestones and had a portion of those shares withheld to pay taxes, increasing his overall direct ownership stake in Natures Sunshine Products.
Were these NATR transactions open-market buys or sales by Nathan Brower?
These transactions were not open-market buys or sales. They represent vesting of performance-based restricted stock units and related tax-withholding dispositions where shares were withheld by the company to pay taxes, rather than being sold into the market by Brower.
What financial milestones triggered Brower’s RSU vesting at Natures Sunshine?
The vesting was triggered by Natures Sunshine achieving adjusted EBITDA milestones of $51.1M and $52M over rolling 12‑month periods. These thresholds were established under performance-based restricted stock unit grants awarded to Nathan Brower in 2022, 2023, and 2025, with staged vesting around milestone achievement.