Form 4: Natural Alternatives International CEO Mark LeDoux Disposes of Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


Mark LeDoux, CEO and Chairman of Natural Alternatives International, disposed of 5,900 shares to cover tax liabilities upon the vesting of restricted stock.

Summary

  • On March 7, 2025, Mark LeDoux, CEO and Chairman of Natural Alternatives International Inc. (NAII), disposed of 5,900 shares of common stock.
  • The shares were disposed of to cover the reporting person's tax liability upon the vesting of 15,667 shares of restricted stock.
  • The transaction was executed at a price of $3.835 per share, based on the closing stock price on March 7, 2025.
  • Following the transaction, LeDoux directly owns 160,211 shares.
  • LeDoux also indirectly owns 481,905 shares through the LeDoux Family Limited Partnership, 69,416 shares through an IRA, 7,200 shares as custodian for Marcelle Jeannette LeDoux, 800 shares as custodian for Jean-Marc Emile LeDoux, and 7,500 shares as custodian for Aimee LeDoux.

Sentiment

Score: 5

Explanation: This is a neutral transaction related to tax obligations, with no inherent positive or negative implications for the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations arising from stock vesting, which is a common occurrence.

Key Dates

DateDescription
03/07/2025Date of transaction (disposal of shares and vesting of restricted stock)
03/11/2025Date of signature on the Form 4 filing

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