Form 4: Natures Sunshine Products Director Wissmiller Acquires and Disposes of Shares
SEC Form 4 Filing
Director Heidi Wissmiller reports acquisition of 5,236 common shares and disposal of 29,167 common shares of Natures Sunshine Products Inc. on May 6, 2024.
Summary
- On May 6, 2024, Heidi Wissmiller, a director of Natures Sunshine Products Inc. (NATR), acquired 5,236 common shares at a price of $19.10.
- The same day, Wissmiller disposed of 29,167 common shares.
- Following these transactions, Wissmiller directly owns 29,167 common shares.
- The acquired shares are in the form of restricted stock units (RSUs), each representing the right to receive one share of NATR common stock.
- These RSUs vest on the earlier of one year from the grant date (May 6, 2025) or the occurrence of the company's annual shareholder meeting.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director, indicating a neutral sentiment.
Future Outlook
The RSUs vest on the earlier of one year from the grant date (May 6, 2025) or the occurrence of the company's annual shareholder meeting.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the industry.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of transaction: Acquisition of 5,236 shares and disposal of 29,167 shares. |
| 05/06/2025 | RSUs vest on the earlier of this date or the company's annual shareholder meeting. |
| 05/08/2024 | Date of signature for the Form 4 filing. |
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