Nu Skin (NYSE: NUS) EVP withholds 17,947 shares to cover taxes
Rhea-AI Filing Summary
Nu Skin Enterprises EVP and General Counsel Chayce David Clark had 17,947 shares of Class A common stock withheld on a tax-withholding disposition. The shares, valued at $8.36 each, were used to satisfy tax obligations tied to vesting restricted stock units. After this transaction, he directly owned 297,277 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 17,947 shares
Net Sell
1 txn
Insider
Clark Chayce David
Role
EVP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 17,947 | $8.36 | $150K |
Holdings After Transaction:
Class A Common Stock — 297,277 shares (Direct)
Footnotes (1)
- F1. Shares withheld to cover tax withholding obligations related to the vesting of previously granted restricted stock units.
FAQ
What did Nu Skin (NUS) executive Chayce David Clark report on this Form 4?
Clark reported a tax-withholding disposition of Nu Skin shares. 17,947 Class A common shares were withheld at $8.36 per share to cover tax obligations from vesting restricted stock units, leaving him with 297,277 directly owned shares after the transaction.
Was the Nu Skin (NUS) Form 4 transaction an open-market sale?
The Form 4 transaction was not an open-market sale. It was a tax-withholding disposition where 17,947 shares were withheld by the company to satisfy tax obligations related to vesting restricted stock units, as disclosed in the accompanying footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.