Natural Health Trends Corp. filings document the regulatory record for a Nasdaq-listed operating company with common stock trading under NHTC. Form 8-K reports record quarterly and annual operating results, dividend-related announcements, restructuring effects and material capital actions, including a completed repurchase of common stock from a large holder under the company’s authorized repurchase program.
Proxy statements cover board and shareholder voting matters, executive and director compensation, equity-award valuation and governance disclosures. The filings also describe the company’s security registration, capital structure, financial condition and material agreements associated with its direct-selling and e-commerce business under the NHT Global brand.
Natural Health Trends Corp. held its 2026 annual meeting, where stockholders approved the 2026 Equity Incentive Plan authorizing up to 1,100,000 shares of common stock for equity awards to employees, directors, and other service providers.
Stockholders also elected Randall A. Mason, Chris T. Sharng, Ellen Sun, and Ching C. Wong as directors by plurality vote. They ratified CBIZ CPAs P.C. as independent registered public accounting firm for the fiscal year ending December 31, 2026. The meeting had 8,577,848 shares entitled to vote, with 4,982,843 shares, or 58.1%, represented in person or by proxy.
Natural Health Trends Corp. reported weaker results for the quarter ended March 31, 2026. Net sales were $9.2 million, down 14% from $10.7 million a year earlier, mainly from lower Hong Kong sales tied to China demand. Gross margin improved to 75.0% from 73.6% as more production shifted from the U.S. to East Asia.
The company posted a net loss of $0.2 million versus net income of $0.1 million in the prior-year quarter, with diluted EPS moving from $0.01 to $(0.02). Selling, general and administrative expenses fell in dollars but rose as a percentage of sales due to the revenue decline.
Liquidity remains solid: cash, cash equivalents and marketable securities totaled $21.2 million, and working capital was $13.3 million with a 2.0-to-1 current ratio. During the quarter, the company repurchased 2.94 million shares (about 25.5% of outstanding) for roughly $5.9 million and paid a $0.10 per-share dividend, while active members decreased to 26,400 from 30,180 a year earlier.
Natural Health Trends Corp. reported first quarter 2026 net sales of $9.2 million, down from $10.7 million a year earlier, and a net loss of $154,000 compared with net income of $122,000. Diluted earnings per share were a loss of $0.02 versus earnings of $0.01 in the prior-year quarter.
Cash, cash equivalents and restricted cash increased to $9.2 million at March 31, 2026, from $6.8 million at the start of the year, helped by net cash provided by investing activities. The company repurchased $5.9 million of common stock, paid $858,000 in dividends, and declared a quarterly cash dividend of $0.10 per share. Management highlighted stable orders in Hong Kong and China, approximately $300,000 of cost savings from a restructuring program, and ongoing investment in new products and technology.
Natural Health Trends Corp. has called its 2026 annual stockholder meeting for May 7, 2026 in Hong Kong. Stockholders will vote on electing four directors, approving a new 2026 Equity Incentive Plan, and ratifying CBIZ CPAs P.C. as the independent auditor for 2026.
The proposed 2026 Equity Incentive Plan would authorize 1,100,000 shares for equity awards, which the company states is about 12.8% dilution as of March 19, 2026 and fewer shares than under its expiring 2016 plan. The proxy also details board independence, committee structure, executive and director compensation, phantom equity awards, and pay-versus-performance data showing 2025 net loss of $882,000 and a total shareholder return value of $151.21 on an initial $100 investment.
Natural Health Trends Corp. is asking stockholders to vote at its May 7, 2026 annual meeting in Hong Kong on electing four directors, approving a new 2026 Equity Incentive Plan, and ratifying CBIZ CPAs P.C. as auditor for 2026.
The proposed equity plan would authorize 1,100,000 shares for awards, which the company estimates as approximately 12.8% dilution as of March 19, 2026. This replaces the 2016 plan, under which 1,129,047 shares remained available as of December 31, 2025. The board highlights a three-year average burn rate of 0.0028%, well below the 1.57% ISS industry cap.
The proxy details governance and compensation practices, including phantom equity awards for executives and directors, double-trigger change-in-control severance, and a prohibition on hedging by insiders. For 2025, the president’s total compensation was $1,187,357 and the CFO’s was $480,474, while the company reported net loss of $882 thousand and year-end total shareholder return of 151.21 on a $100 base investment.
Natural Health Trends Corp. (NHTC) files its annual report describing an international direct-selling and e-commerce business focused on “NHT Global” wellness, herbal, beauty, lifestyle and at-home test products. The company operates across the Americas, Greater China, Southeast Asia, South Korea, Japan, India, Europe, Russia and Kazakhstan.
At February 17, 2026, common shares outstanding were 8,577,848. Hong Kong remains critical, generating about 82% of 2025 revenue, with most sales ultimately delivered to members in China. Active members fell from 30,870 to 26,650 year over year, driven largely by declines in Hong Kong and Russia/Kazakhstan.
In 2025 the company relocated its headquarters from Hong Kong to California and implemented a restructuring plan, including workforce optimization, shifting some manufacturing to Asia and office downsizing. Management expects about $1.5 million in annualized cost savings, with most benefits in 2026 and the rest thereafter.
The report highlights several risks: persistent negative operating cash flows in each of the four years ended December 31, 2025; heavy dependence on a few products and single-source suppliers; intense competition in direct selling; and significant regulatory, political, data-privacy and trade risks tied to operations in China and Hong Kong, where evolving direct-selling, data and cyber-security laws and U.S.–China trade tensions could materially affect sales and profitability.
Natural Health Trends Corp’s president and director Chris Tahjiun Sharng filed a beneficial ownership report showing he controls 443,323 shares of common stock, representing 5.2% of the company’s outstanding shares.
His stake crossed the five percent threshold after the company repurchased 2,935,227 shares of common stock on February 17, 2016 from two Broady family trusts, which reduced shares outstanding to 8,577,848. Sharng has sole voting and dispositive power over these shares, holds them for general investment purposes, and may increase or decrease his holdings over time. He reports no transactions in the past 60 days.
Natural Health Trends Corp. entered a negotiated agreement to repurchase 2,935,227 shares of its common stock from the George K. Broady 2012 Irrevocable Trust and the Eleanor Jane Broady 2012 Irrevocable Trust. These shares represented about 25.5% of its outstanding stock and were bought for $2.00 per share, or roughly $5.9 million, funded entirely from existing cash.
The transaction was reviewed and approved by a special board committee and executed under the company’s previously authorized $70.0 million share repurchase program. After the repurchase, Natural Health Trends will have 8,577,848 shares outstanding and expects to have approximately $16.0 million remaining available for future repurchases under the program, inclusive of estimated income tax. Based on the current dividend rate, the reduced share count is expected to lower annual dividend requirements by about $1.2 million.
Natural Health Trends Corp. filed a current report to note that it has released its financial results. On February 4, 2026, the company issued an earnings press release covering its quarter and full year ended December 31, 2025, which is furnished as Exhibit 99.1 to this report.