Form 4: Herbalife Director Richard H. Carmona Receives Stock Grant

Director Richard H. Carmona acquired 21,857 shares of Herbalife Ltd. stock in the form of restricted stock units.

Summary

• Richard H. Carmona, a director of Herbalife Ltd., reported a transaction on May 2, 2025.
• Carmona acquired 21,857 shares of Herbalife common stock in the form of restricted stock units (RSUs).
• The RSUs were granted under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan.
• These RSUs will vest 100% on April 15, 2026, contingent upon continued service on the Issuer's Board of Directors.
• Following the transaction, Carmona directly owns 71,766 shares of Herbalife common stock.

Sentiment

Score: 7

Explanation: The document indicates a standard stock grant to a director, which is generally viewed as a positive sign of aligning management interests with shareholders. There are no red flags or negative indicators.

Positives

• The grant of RSUs to a director aligns their interests with those of the shareholders, incentivizing them to work towards the company's long-term success.
• Carmona's continued service on the board is tied to the vesting of the RSUs, ensuring stability and experience within the company's leadership.

Future Outlook

The vesting of the RSUs on April 15, 2026, is contingent upon Richard H. Carmona's continued service on Herbalife Ltd.'s Board of Directors.

Industry Context

Stock grants to directors are a common practice in publicly traded companies to align their interests with those of shareholders and incentivize long-term value creation.

Comparison to Industry Standards

• Director compensation packages often include a mix of cash and equity, with the proportion of equity increasing over time to encourage long-term thinking.
• Companies like Nu Skin Enterprises and USANA Health Sciences, which operate in the same industry as Herbalife, also use stock grants as part of their director compensation packages.
• The size of the grant is comparable to grants given to directors at similar companies.

Stakeholder Impact

• Shareholders may view the stock grant positively as it aligns the director's interests with the company's long-term performance.
• Employees may see the grant as a sign of confidence in the company's future.

Key Dates

Keywords

Herbalife, Director, Carmona, Stock, RSU, Restricted Stock Units, Ownership, Securities