Form 4: Hain Celestial Group SVP Michael Ragusa Reports Share Transactions
SEC Form 4 Filing
Michael Ragusa, SVP and Chief Accounting Officer of Hain Celestial Group, reports the vesting of restricted share units and subsequent share transactions.
Summary
- On September 6, 2024, Michael Ragusa, SVP and Chief Accounting Officer of Hain Celestial Group, had 641 restricted share units (RSUs) vest.
- This resulted in Mr. Ragusa receiving 641 shares of common stock prior to tax withholding.
- The company withheld 201 shares to satisfy tax obligations related to the vesting of the RSUs at a price of $8.47.
- Following these transactions, Mr. Ragusa directly owns 868 shares of common stock.
- Mr. Ragusa also holds 641 derivative securities in the form of restricted share units.
- Of the 1,922 RSUs under this award, 640 RSUs vested on September 6, 2023, 641 RSUs vested on September 6, 2024 and 641 RSUs vest on September 6, 2025.
Sentiment
Score: 5
Explanation: This is a neutral report on standard insider transactions, with no indication of positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies to ensure transparency.
Key Dates
| Date | Description |
|---|---|
| 09/06/2023 | 640 RSUs vested. |
| 09/06/2024 | 641 RSUs vested, resulting in the receipt of 641 shares and the withholding of 201 shares for taxes. |
| 09/06/2025 | 641 RSUs vest. |
| 09/10/2024 | Date of the report filing. |
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