Form 4: HAIN Executive Michael Ragusa's RSU Vesting
Insider Transaction Report
HAIN Celestial Group's SVP, Chief Accounting Officer, Michael Ragusa, saw 3,884 restricted share units vest, leading to an acquisition of common stock and subsequent tax withholding.
Summary
- Michael Ragusa, SVP, Chief Accounting Officer of HAIN Celestial Group Inc. (HAIN), reported a change in beneficial ownership.
- On October 25, 2025, 3,884 restricted share units (RSUs) vested, resulting in the acquisition of 3,884 shares of HAIN common stock.
- The company withheld 1,194 shares of common stock to satisfy tax withholding obligations related to the RSU vesting, with a reported price of $1.44 per share for the withheld shares.
- Following these transactions, Michael Ragusa beneficially owns 6,663 shares of HAIN common stock.
- An additional 3,884 RSUs from the same award are scheduled to vest on October 25, 2026.
Sentiment
Score: 7
Explanation: The vesting of restricted share units is a positive event for the reporting person, representing a realization of compensation and an increase in direct equity ownership, albeit with a portion withheld for taxes. It reflects a standard, pre-scheduled executive compensation event.
Positives
- Vesting of 3,884 restricted share units (RSUs) for Michael Ragusa, representing a realized compensation event.
- Acquisition of 3,884 shares of common stock, increasing direct equity ownership in the company.
Negatives
- 1,194 shares of common stock were withheld by the Issuer to satisfy tax withholding obligations, reducing the net shares received by the reporting person.
Future Outlook
An additional 3,884 restricted share units (RSUs) from the same award are scheduled to vest on October 25, 2026.
Industry Context
This filing details a routine executive compensation event, specifically the vesting of restricted share units, which is a common practice across various industries to align executive incentives with shareholder interests.
Stakeholder Impact
- Shareholders: Minor dilution from the issuance of shares for compensation, which is a routine aspect of executive incentive programs.
- Management: Michael Ragusa's equity stake in the company increases, further aligning his interests with those of shareholders.
Next Steps
- The next scheduled vesting of 3,884 restricted share units for Michael Ragusa is on October 25, 2026.
Key Dates
| Date | Description |
|---|---|
| 10/25/2024 | 3,883 Restricted Share Units (RSUs) vested from the original award. |
| 10/25/2025 | 3,884 Restricted Share Units (RSUs) vested, leading to the acquisition of common stock and subsequent tax withholding. |
| 10/28/2025 | Date of filing signature. |
| 10/25/2026 | Scheduled vesting date for an additional 3,884 Restricted Share Units (RSUs). |
Recommendation
holdThis Form 4 filing details a routine, pre-scheduled vesting of restricted share units for a company executive. Such an event is part of standard executive compensation and does not provide new material information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as this filing does not alter the fundamental investment thesis.
Keywords
HAIN, Michael Ragusa, SEC Form 4, RSU vesting, stock ownership, executive compensation, insider transaction
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