Form 4: Hain Celestial Group Executive Wolfgang Goldenitsch Reports Share Transactions

Wolfgang Goldenitsch, President of International at Hain Celestial Group, reported the vesting of restricted share units and subsequent tax withholding, resulting in a net increase of 1,225 shares.

Summary

• On November 18, 2024, Wolfgang Goldenitsch, President of International at Hain Celestial Group, had 2,451 restricted share units (RSUs) vest.
• This vesting resulted in Mr. Goldenitsch receiving 2,451 shares of common stock.
• The company withheld 1,226 shares to cover tax obligations related to the vesting.
• After the transaction, Mr. Goldenitsch directly owns 58,483 shares of common stock.
• The price of the shares used for tax withholding was $7.23.

Sentiment

Score: 5

Explanation: This is a routine transaction related to executive compensation and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to executive compensation and is common practice for publicly traded companies. It reflects the vesting of previously granted equity awards.

Comparison to Industry Standards

• The vesting of restricted stock units is a common form of executive compensation across various industries.
• The tax withholding process is standard practice for equity awards.
• The reporting of these transactions via SEC Form 4 is a regulatory requirement for company insiders.

Stakeholder Impact

• The transaction has a minor impact on the total number of shares outstanding.
• The transaction is part of the executive compensation plan and is not expected to have a significant impact on stakeholders.

Key Dates

Keywords

Hain Celestial Group, restricted share units, RSU, share vesting, insider trading, Form 4, executive compensation, equity compensation, stock ownership