Form 4: Hain Celestial Group Executive Steven R. Golliher Reports Stock Transactions Following RSU Vesting
SEC Form 4 Filing
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 October 25, 2024, Steven R. Golliher, Global Chief Supply Chain Officer of Hain Celestial Group, had 6,472 restricted share units (RSUs) vest.
- This resulted in Mr. Golliher receiving 6,472 shares of Hain Celestial Group's common stock before tax withholdings.
- The company withheld 2,101 shares to cover tax obligations related to the RSU vesting at a price of $8.39.
- Following these transactions, Mr. Golliher directly owns 48,480 shares of common stock.
- After the reported transaction, Mr. Golliher directly owns 12,946 Restricted Share Units.
- Of the 19,418 RSUs under this award, 6,472 RSUs vested on October 25, 2024 and 6,473 RSUs vest on each of October 25, 2025 and 2026.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Future Outlook
6,473 RSUs vest on each of October 25, 2025 and 2026.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The vesting of RSUs and subsequent stock transactions have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 10/25/2024 | Date of RSU vesting and stock transactions |
| 10/25/2025 | Date of next RSU vesting |
| 10/25/2026 | Date of final RSU vesting |
| 10/29/2024 | Date of Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.