Natures Sunshine exec RSU grant rescinded
NATURES SUNSHINE PRODUCTS INC reported an administrative change to equity compensation for executive Daniel C. Norman, EVP & President, Asia.
Rhea-AI Filing Summary
NATURES SUNSHINE PRODUCTS INC reported an administrative change to equity compensation for executive Daniel C. Norman, EVP & President, Asia. On March 6, 2026, the company granted him 10,088 restricted stock units that were scheduled to vest in three equal annual installments through March 6, 2029.
On March 24, 2026, the company rescinded and cancelled all 10,088 restricted stock units before any had vested. Following this adjustment, Norman’s reported direct holding stands at 41,995 common shares. The Form 4 reflects this as an “other” type of transaction rather than a buy or sell in the open market.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Shares | 10,088 | $0.00 | $0.00 |
Footnotes (1)
- F1. On March 6, 2026, the Company granted to the reporting person 10,088 restricted stock units, vesting in three equal annual installments from the initial grant date through March 6, 2029. On March 24, 2026, the Company rescinded and cancelled these restricted stock units. None of the restricted stock units had vested at the time of cancellation.
FAQ
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What insider transaction did Natures Sunshine (NATR) report for Daniel C. Norman?
How many restricted stock units were involved in the NATR Form 4 filing?
How were the cancelled NATR restricted stock units scheduled to vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.