Form 4: Hain Celestial Group Executive Chad Marquardt Reports Share Transactions Following RSU Vesting
SEC Form 4 Filing
Chad Marquardt, President of North America at Hain Celestial Group, reports the vesting of restricted share units (RSUs) and subsequent share transactions, including tax withholding.
Summary
- On March 25, 2025, Chad Marquardt, President of North America at Hain Celestial Group, had 10,989 restricted share units (RSUs) vest.
- This resulted in him receiving 10,989 shares of Hain Celestial Group common stock before tax withholding.
- The company withheld 4,365 shares to cover tax obligations at a price of $3.75 per share.
- Following these transactions, Marquardt directly owns 29,649 shares of common stock.
- He also indirectly owns 100 shares of common stock through his son.
- An additional 21,978 RSUs remain outstanding, vesting in two equal tranches on March 25, 2026, and March 25, 2027.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Future Outlook
The document indicates future vesting dates for the remaining RSUs on March 25, 2026, and March 25, 2027.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the transactions of company executives and directors, which can be indicative of their confidence in the company's future performance. This filing is a standard disclosure and doesn't necessarily indicate any specific trend within the industry.
Stakeholder Impact
- The vesting of RSUs impacts shareholders by increasing the number of outstanding shares, though the effect is minimal in this case.
- The executive benefits from the vesting as part of their compensation package.
Key Dates
| Date | Description |
|---|---|
| 03/25/2025 | Vesting of 10,989 Restricted Share Units (RSUs) and subsequent share transactions. |
| 03/25/2026 | Next vesting date for 10,989 Restricted Share Units (RSUs). |
| 03/25/2027 | Final vesting date for 10,989 Restricted Share Units (RSUs). |
| 03/27/2025 | Date of Form 4 filing. |
Keywords
Hain Celestial Group, Chad Marquardt, RSU, Restricted Share Units, Share Vesting, Form 4, Insider Trading, Beneficial Ownership, Tax Withholding, Common Stock
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