Form 4: Natures Sunshine Executive RSU Grant Rescinded
Insider Transaction Report
Natures Sunshine Products executive Daniel C. Norman's grant of 10,088 restricted stock units was rescinded and cancelled shortly after issuance.
Summary
- Daniel C. Norman, EVP & President, Asia of Natures Sunshine Products Inc. (NATR), was granted 10,088 restricted stock units (RSUs) on March 6, 2026.
- These RSUs were intended to vest in three equal annual installments from the initial grant date through March 6, 2029.
- On March 24, 2026, the company rescinded and cancelled all 10,088 restricted stock units.
- None of the restricted stock units had vested at the time of cancellation.
- Following the reported transaction (grant and cancellation), Daniel C. Norman beneficially owns 41,995 common shares directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, a factual reporting of an executive compensation adjustment that had no net impact on the executive's current beneficial ownership due to the immediate cancellation.
Negatives
- The cancellation of 10,088 restricted stock units represents a reduction in potential future equity compensation for Daniel C. Norman.
Future Outlook
The filing does not contain any forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into changes in beneficial ownership by company officers, directors, and significant shareholders. This specific filing details a compensation adjustment for an executive.
Stakeholder Impact
- Shareholders: Minimal direct impact as the transaction was rescinded before vesting, resulting in no change to outstanding shares or dilution from this specific grant.
- Employees (specifically Daniel C. Norman): A reduction in potential future equity compensation.
Key Dates
| Date | Description |
|---|---|
| 03/06/2026 | Company granted 10,088 restricted stock units to Daniel C. Norman. |
| 03/24/2026 | Company rescinded and cancelled the 10,088 restricted stock units. |
| 03/25/2026 | Date of signature for the Form 4 filing. |
| 03/06/2029 | Final vesting date for the originally granted restricted stock units, had they not been cancelled. |
Keywords
Natures Sunshine Products, NATR, Form 4, Restricted Stock Units, RSU, Executive Compensation, Insider Transaction, Daniel C. Norman
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