Form 4: Hain Celestial Group Executive Chad Marquardt Reports Stock Transactions Following RSU Vesting

Chad Marquardt, President of North America at Hain Celestial Group, reports the vesting of restricted share units (RSUs) and subsequent stock transactions, including tax withholding.

Summary

• On October 25, 2024, Chad Marquardt, President of North America at Hain Celestial Group, had 2,950 restricted share units (RSUs) vest.
• This resulted in Mr. Marquardt receiving 2,950 shares of Hain Celestial Group common stock before tax withholding.
• The company withheld 925 shares to satisfy tax obligations related to the RSU vesting at a price of $8.39.
• Following these transactions, Mr. Marquardt directly owns 17,325 shares of common stock.
• Mr. Marquardt also indirectly owns 100 shares of common stock by son 1 and 100 shares of common stock by son 2.
• As of October 25, 2024, Mr. Marquardt holds 5,901 unvested RSUs, with future vesting dates on October 25, 2025 and October 25, 2026.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions following RSU vesting, and doesn't inherently indicate positive or negative sentiment.

Future Outlook

The reporting person has 5,901 RSUs that will vest in the future, specifically 2,950 on October 25, 2025 and 2,951 on October 25, 2026.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.

Stakeholder Impact

• The transactions reported in this filing may be of interest to shareholders as they provide insight into the holdings and transactions of a key executive.

Key Dates