Form 4: Herbalife CFO Alexander Amezquita Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Alexander Amezquita, CFO of Herbalife Ltd., reports a transaction involving the disposal of 116 shares of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On March 3, 2024, Alexander Amezquita, the Chief Financial Officer of Herbalife Ltd., disposed of 116 shares of common stock.
- The transaction was executed to satisfy tax obligations related to the vesting of restricted stock units previously granted on March 3, 2021.
- The shares were disposed of at a price of $8.75 per share.
- Following the transaction, Amezquita directly owns 152,042 shares of Herbalife Ltd.
- The transaction was reported on Form 4, filed with the SEC on March 5, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by a company executive. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It doesn't necessarily indicate a broader trend within the nutritional supplement industry.
Key Dates
| Date | Description |
|---|---|
| 03/03/2021 | Date of original grant of restricted stock units. |
| 03/03/2024 | Date of transaction (disposal of shares). |
| 03/05/2024 | Date of Form 4 filing. |
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