Form 4: Natures Sunshine Products Inc: Executive Vice President Nathan G Brower Reports Tax-Related Share Disposal
SEC Form 4 Filing
EVP Nathan G Brower of Natures Sunshine Products Inc. reports disposing of 1,376 common shares to cover taxes upon vesting of restricted stock units.
Summary
- On July 21, 2024, Nathan G Brower, EVP and General Counsel of Natures Sunshine Products Inc. (NATR), disposed of 1,376 common shares.
- The disposal was due to the withholding of shares to cover taxes upon the vesting of restricted stock units granted on July 21, 2022.
- The price per share was $15.55.
- Following the transaction, Brower beneficially owns 48,789 common shares.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, and it doesn't necessarily indicate a positive or negative sentiment towards the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider transactions, allowing investors to stay informed about the actions of company executives and directors.
Key Dates
| Date | Description |
|---|---|
| July 21, 2022 | Date of grant for restricted stock units. |
| July 21, 2024 | Date of share disposal for tax withholding and determination of share price. |
| July 23, 2024 | Date of signature on the Form 4 filing. |
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