[Form 4] NuSkin Enterprises, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Sprouts Farmers Market, Inc. (SFM) insider Joseph D. O'Leary filed Form 144 to sell up to 2,937 common shares through Morgan Stanley Smith Barney on or about 08 Aug 2025. At the reference price, the block is valued near $440.8 k. The shares originate from restricted stock granted 09 Jun 2022.

O'Leary already disposed of 2,000 shares for $318.8 k on 13 May 2025. Combined with the proposed sale, his recent sales total 4,937 shares, representing roughly 0.005% of the 97.7 m shares outstanding. No additional company financials are provided; the filing simply fulfils Rule 144’s advance-notice requirement.

Positive

• Proposed sale equals only 0.003% of shares outstanding, suggesting negligible dilution or market supply impact.

Negative

• Repeat insider selling within three months may be interpreted as a weak sentiment signal.
• Total cash value of ~$0.76 m may still prompt short-term headline risk despite small percentage of float.

Insights

Risk Analyst

TL;DR: Minor insider sale; signal mildly negative but immaterial at 0.005% of float—unlikely to impact valuation.

The filing signals planned liquidation of 2,937 shares plus earlier disposal of 2,000 shares by Director-level insider Joseph D. O'Leary. While insider selling can be perceived as a negative sentiment indicator, the aggregate $0.76 m value is de-minimis against Sprouts’ multi-billion-dollar market cap. The sale represents 0.005% of outstanding shares, causing no dilution and minimal supply pressure. Absent further context—such as broader insider selling patterns, valuation concerns, or changes in corporate outlook—the transaction is best viewed as routine portfolio management. Impact on investment thesis is therefore neutral.

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
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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^*

Clark Chayce David

(Last) (First) (Middle)

C/O NU SKIN ENTERPRISES, INC.

75 W CENTER STREET

(Street)

PROVO UT 84601

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NU SKIN ENTERPRISES, INC. [ NUS ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP and General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025

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

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

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

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
Class A Common Stock	08/01/2025		F		205(1)	D	$8.2	253,140	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. Shares withheld to cover tax withholding obligations related to the vesting of previously granted restricted stock units.

	/s/ Gregory Belliston as Attorney-in-Fact for Chayce Clark	08/05/2025
	** 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.
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FAQ

How many Sprouts Farmers Market (SFM) shares are being sold under this Form 144?

2,937 common shares are slated for sale.

What is the estimated market value of the proposed SFM insider sale?

Approximately $440,755.59 based on the filing reference price.

When is the planned sale date for the Form 144 shares?

On or around 08 August 2025.

How many shares has the insider already sold in the past three months?

He sold 2,000 shares on 13 May 2025 for $318,804.80.

What percentage of SFM’s shares outstanding do the recent and proposed sales represent?

Combined 4,937 shares equal roughly 0.005% of the 97.7 million shares outstanding.

Which broker is facilitating the transaction?

Morgan Stanley Smith Barney LLC, Executive Financial Services.