Form 4: Natures Sunshine Products Inc. Executive Bryant J. Yates Reports Tax-Related Stock Disposal
SEC Form 4
Bryant J. Yates, EVP & President, Europe at Natures Sunshine Products Inc., reports disposing of 1,864 common shares to cover taxes upon vesting of restricted stock units.
Summary
- On April 20, 2024, Bryant J. Yates, EVP & President, Europe at Natures Sunshine Products Inc. (NATR), reported a transaction involving the disposal of 1,864 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 occurred on April 20, 2024, with the number of shares withheld determined on April 19, 2024, based on a price of $19.29 per share.
- Following the transaction, Yates directly owns 101,920 common shares of Natures Sunshine Products Inc.
Sentiment
Score: 5
Explanation: This is a routine transaction related to executive compensation and tax obligations, and does not indicate a positive or negative sentiment towards the company's prospects.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations arising from the vesting of restricted stock units, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 04/20/2023 | Date of grant for the restricted stock units that vested. |
| 04/19/2024 | Date the closing price of NATR common stock was used to determine the number of shares withheld. |
| 04/20/2024 | Date of the transaction (disposal of shares for tax withholding). |
| 04/23/2024 | Date of signature on the Form 4 filing. |
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