Natures Sunshine EVP Daniel C. Norman acquires shares

Each performance-based grant provides for half its target to vest upon milestone achievement and the other half one year later.

Available on EDGAR 11/06/2026 - 07:27 PM EST Accepted by SEC EDGAR 11/06/2026 - 07:27 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Natures Sunshine Products Inc. (NATR) reported that Daniel C. Norman, EVP & President, Asia, acquired 871 vested shares from a July 21, 2022 performance-based RSU grant and 1,933 from an April 20, 2023 grant on November 4, 2026. Both grants were tied to achievement of a $46.2 million adjusted EBITDA milestone over a rolling 12-month period. The transactions also report 353 and 783 shares withheld for taxes upon RSU vesting, based on a closing price of $12.84 per share on November 4. Under each grant, half the target vests upon achievement; the other half will vest one year after achievement.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Norman Daniel C

Role EVP & President, Asia

Type	Security	Shares	Price	Value
Exercise	Common Shares F1	871	$0.00	$0.00
Tax Withholding	Common Shares F2	353	$12.84	$5K
Exercise	Common Shares F3	1,933	$0.00	$0.00
Tax Withholding	Common Shares F2	783	$12.84	$10K

Holdings After Transaction: Common Shares — 48,944 shares (Direct)

Holdings Before and After: Common Shares, 47,276 to 48,944 shares (Direct)

Footnotes (3)

1. F1. These shares are vested shares resulting from the achievement of an adjusted EBITDA milestone of $46.2M 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.
2. F2. Represents shares of NATR common stock withheld to pay taxes upon vesting of restricted stock units granted to the reporting person on November 4, 2026. The number of shares withheld was determined on November 4, 2026, based on the closing price of NATR common stock on that date.
3. F3. These shares are vested shares resulting from the achievement of an adjusted EBITDA milestone of $46.2M 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.

Key Figures

Vested shares from July 21, 2022 grant: 871 shares Vested shares from April 20, 2023 grant: 1,933 shares Shares withheld for taxes: 353 shares +3 more

6 metrics

Vested shares from July 21, 2022 grant 871 shares Reported for November 4, 2026

Vested shares from April 20, 2023 grant 1,933 shares Reported for November 4, 2026

Shares withheld for taxes 353 shares Upon RSU vesting on November 4, 2026

Shares withheld for taxes 783 shares Upon RSU vesting on November 4, 2026

Closing price used for tax withholding $12.84 per share November 4, 2026

Adjusted EBITDA milestone $46.2 million Rolling 12-month performance milestone

Key Terms

performance-based restricted stock unit, adjusted EBITDA, rolling 12-month period

3 terms

performance-based restricted stock unit financial

"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 financial

"achievement of an adjusted EBITDA milestone of $46.2M"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

rolling 12-month period financial

"over a rolling 12-month period"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many NATR shares did Daniel C. Norman acquire on November 4, 2026?

Daniel C. Norman acquired 871 vested shares from the July 21, 2022 grant and 1,933 vested shares from the April 20, 2023 grant. The shares resulted from achievement of a $46.2 million adjusted EBITDA milestone over a rolling 12-month period.

How many NATR shares were withheld for taxes when the RSUs vested?

The transactions report 353 shares and 783 shares withheld to pay taxes upon vesting of restricted stock units. The withholding counts were determined on November 4, 2026, based on NATR's closing price of $12.84 per share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Norman Daniel C

(Last) (First) (Middle)

2901 WEST BLUEGRASS BLVD.

(Street)

LEHI UTAH 84043

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NATURES SUNSHINE PRODUCTS INC [ NATR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & President, Asia

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	11/04/2026		M		871	A	$0	48,147(1)	D
Common Shares	11/04/2026		F		353	D	$12.84	47,794(2)	D
Common Shares	11/04/2026		M		1,933	A	$0	49,727(3)	D
Common Shares	11/04/2026		F		783	D	$12.84	48,944(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares are vested shares resulting from the achievement of an adjusted EBITDA milestone of $46.2M 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.

2. Represents shares of NATR common stock withheld to pay taxes upon vesting of restricted stock units granted to the reporting person on November 4, 2026. The number of shares withheld was determined on November 4, 2026, based on the closing price of NATR common stock on that date.

3. These shares are vested shares resulting from the achievement of an adjusted EBITDA milestone of $46.2M 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.

Remarks:

	/s/ Nathan G. Brower as attorney-in-fact for Daniel C. Norman	11/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)