Form 4: Hain Celestial Group Executive Steven R. Golliher Reports Stock Transactions

Steven R. Golliher, Global Chief Supply Chain Officer of Hain Celestial Group, reports the vesting of restricted share units and subsequent stock transactions.

Summary

• On September 6, 2024, Steven R. Golliher, Global Chief Supply Chain Officer of Hain Celestial Group, had 3,564 restricted share units (RSUs) vest.
• This resulted in him receiving 3,564 shares of Hain Celestial Group's common stock before tax withholdings.
• The company withheld 1,157 shares to cover tax obligations related to the vesting of these RSUs at a price of $8.47.
• Following these transactions, Golliher directly owns 44,109 shares of Hain Celestial Group common stock.
• He also directly owns 3,562 restricted share units.
• The RSUs vest annually on September 6, with 3,564 RSUs vesting in both 2023 and 2024, and 3,562 RSUs scheduled to vest on September 6, 2025.

Sentiment

Score: 5

Explanation: This is a neutral, routine disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.

Positives

• The vesting of RSUs indicates a form of compensation and alignment of the executive's interests with the company's performance.

Future Outlook

The document indicates that 3,562 RSUs are scheduled to vest on September 6, 2025, suggesting continued equity-based compensation for the reporting person.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Comparison to Industry Standards

• Equity compensation through RSUs is a standard practice among publicly traded companies to incentivize executives.
• The vesting schedule and tax withholding practices are typical and align with common compensation structures.
• Similar filings are regularly made by executives at companies like General Mills, Kellogg's, and Nestle, reflecting similar compensation practices.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect changes in insider ownership.
• Employees may be interested in the compensation structure of executives.

Key Dates