Form 4: Natural Alternatives International CFO Sells Shares to Cover Tax Obligations

Michael E. Fortin, CFO of Natural Alternatives International, sold 6,346 shares of common stock on March 7, 2025, to cover tax liabilities arising from the vesting of restricted stock.

Summary

• On March 7, 2025, Michael E. Fortin, the Chief Financial Officer of Natural Alternatives International Inc. (NAII), engaged in a transaction involving the company's common stock.
• Fortin sold 6,346 shares back to the issuer at a price of $3.835 per share.
• This sale was executed to cover Fortin's tax obligations resulting from the vesting of 11,333 shares of restricted stock on the same date.
• Following the transaction, Fortin directly owns 50,873 shares and indirectly owns 185 shares through an IRA.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This transaction is related to compensation and tax obligations, which is a common occurrence.

Stakeholder Impact

• The sale of shares by the CFO could have a minor impact on shareholders, potentially creating a slight downward pressure on the stock price in the short term.

Key Dates