Form 4: Hain Celestial Group Director Dawn M. Zier Reports Acquisition of Restricted Share Units

Sentiment:

SEC Form 4 Filing


Dawn M. Zier, a director of Hain Celestial Group, reported the acquisition of 19,474 restricted share units (RSUs) as compensation.

Summary

  • On October 31, 2024, Dawn M. Zier, a director of Hain Celestial Group, acquired 19,474 restricted share units (RSUs).
  • The RSUs were granted as compensation under the Issuer's compensation program for non-employee directors.
  • Each RSU represents a contingent right to receive one share of common stock of the Issuer.
  • The RSUs will vest on the earlier of October 31, 2025, or the date of the Issuer's 2025 annual meeting of shareholders.
  • Following the transaction, Ms. Zier beneficially owns 88,229 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding director compensation, and does not contain information that would significantly impact sentiment positively or negatively.

Positives

  • The grant of RSUs aligns the director's interests with those of the shareholders.
  • The vesting schedule encourages continued service by the director.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure related to director compensation, which is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Stakeholder Impact

  • Shareholders may view the RSU grant as a positive incentive for the director.
  • Employees are not directly impacted by this filing.

Key Dates

DateDescription
10/31/2024Date of transaction: Acquisition of 19,474 restricted share units.
10/31/2025Earliest vesting date for the RSUs.
2025 Annual MeetingAlternative vesting date for the RSUs, if it occurs before October 31, 2025.
11/04/2024Date of the form filing.

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