Form 4: Natures Sunshine Products EVP Leslie Shane Jones Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Leslie Shane Jones, EVP & CFO of Natures Sunshine Products, disposed of 2,747 common shares on April 20, 2024, to cover taxes upon vesting of restricted stock units.
Summary
- On April 20, 2024, Leslie Shane Jones, the EVP & Chief Financial Officer of Natures Sunshine Products Inc. (NATR), reported a transaction involving the disposal of 2,747 common shares.
- The shares were disposed of to cover tax obligations related to the vesting of restricted stock units granted on April 20, 2023.
- The transaction was executed at a price of $19.29 per share.
- Following the transaction, Jones directly owns 99,138 common shares of NATR.
Sentiment
Score: 6
Explanation: The document reflects a neutral event (tax-related stock disposal) and doesn't inherently suggest positive or negative sentiment regarding the company's performance or future prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard tax-related stock disposal, common when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 04/20/2023 | Date of grant for the restricted stock units. |
| 04/19/2024 | Date the number of shares withheld was determined based on the closing price of NATR common stock. |
| 04/20/2024 | Date of the transaction where shares were disposed of to cover taxes. |
| 04/23/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.