Form 4: Hain Celestial Group Executive Goldenitsch Reports Stock Transactions

Wolfgang Goldenitsch, President of Hain International, reports the vesting of restricted share units and subsequent stock transactions.

Summary

• On September 6, 2024, Wolfgang Goldenitsch, President of Hain International, had 5,345 restricted share units (RSUs) vest, resulting in the receipt of 5,345 shares of Hain Celestial Group, Inc. common stock.
• The company withheld 2,673 shares to satisfy tax withholding obligations related to the RSU vesting at a price of $8.47.
• Following these transactions, Goldenitsch directly owns 52,404 shares of Hain Celestial Group, Inc. common stock.
• Goldenitsch also owns 5,345 Restricted Share Units.
• The RSUs vest annually on September 6, with 5,345 RSUs vesting on September 6, 2023, September 6, 2024, and a final tranche vesting on September 6, 2025.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions. It doesn't inherently convey positive or negative sentiment.

Positives

• The vesting of RSUs indicates a continued alignment of executive compensation with company performance.

Future Outlook

The document indicates that 5,345 RSUs will vest on September 6, 2025.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their executives.
• The vesting schedule of the RSUs is typical for executive compensation packages.

Key Dates