Natures Sunshine (NATR) cancels 10,088 restricted stock unit grant
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On March 24, 2026, the company rescinded and cancelled all 10,088 restricted stock units before any had vested.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
1 transaction reported
Mixed
1 txn
Insider
Norman Daniel C
Role
EVP & President, Asia
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Shares | 10,088 | $0.00 | $0.00 |
Holdings After Transaction:
Common Shares — 41,995 shares (Direct)
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 On March 24, 2026, the Company rescinded and cancelled these restricted stock units.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.
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FAQ
What insider transaction did Natures Sunshine (NATR) report for Daniel C. Norman?
Natures Sunshine reported an administrative adjustment to Daniel C. Norman’s equity awards. He was initially granted 10,088 restricted stock units on March 6, 2026, which the company later rescinded and cancelled on March 24, 2026, before any units vested.
How many restricted stock units were involved in the NATR Form 4 filing?
The filing involves 10,088 restricted stock units. These units were granted to executive Daniel C. Norman and structured to vest in three equal annual installments, but they were fully rescinded and cancelled by the company before any portion of the award actually vested.
How were the cancelled NATR restricted stock units scheduled to vest?
The 10,088 restricted stock units were scheduled to vest in three equal annual installments. The vesting period would have run from the initial March 6, 2026 grant date through March 6, 2029, but all units were cancelled before any vesting occurred.