Form 4: Natural Alternatives International CFO Michael Fortin Reports Stock Transactions

Michael Fortin, CFO of Natural Alternatives International, reports the acquisition and disposal of company stock related to tax obligations and a restricted stock grant.

Summary

• On March 7, 2024, Michael Fortin, the CFO of Natural Alternatives International, disposed of 5,319 shares of common stock at $5.95 per share to cover his tax liability from the vesting of 9,500 restricted shares.
• On March 8, 2024, Fortin was granted 12,000 shares of restricted stock under the company's 2020 Omnibus Incentive Plan.
• These restricted shares will vest in three equal installments of 4,000 shares each on March 7, 2025, March 7, 2026, and March 7, 2027.
• Following these transactions, Fortin directly owns 57,219 shares of common stock and indirectly owns 185 shares through an IRA.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

• The grant of restricted stock to the CFO aligns his interests with the long-term performance of the company.

Industry Context

This filing is a routine disclosure of insider stock transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.

Stakeholder Impact

• Shareholders may be interested in the CFO's stock transactions as an indicator of his confidence in the company.

Key Dates