Form 4: Natural Alternatives International Officer Settles Tax Obligations with Stock Resale
SEC Form 4 Filing
Kenneth Wolf, President, COO, & Secretary of Natural Alternatives International, sold 7,559 shares to cover tax liabilities upon vesting of restricted stock.
Summary
- On March 7, 2025, Kenneth Wolf, President, COO, & Secretary of Natural Alternatives International Inc. (NAII), engaged in a transaction involving the resale of company stock to cover tax obligations.
- Wolf sold 7,559 shares of common stock back to the issuer at a price of $3.835 per share.
- This transaction was executed to satisfy the reporting person's tax liability upon the vesting of 13,500 shares of restricted stock on the same date.
- Following the transaction, Wolf directly owns 131,994 shares of Natural Alternatives International Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an insider stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of stock transaction and vesting of restricted stock. |
| 03/11/2025 | Date of signature on the Form 4 filing. |
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