Form 4: Natures Sunshine Products SVP Jonathan Lanoy Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Jonathan Lanoy, SVP and Chief Accounting Officer of Natures Sunshine Products, reports disposing of 341 common shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On July 21, 2024, Jonathan David Lanoy, SVP and Chief Accounting Officer of Natures Sunshine Products Inc. (NATR), disposed of 341 common shares.
- The disposal was to cover tax obligations related to the vesting of restricted stock units granted on July 21, 2022.
- The shares were disposed of at a price of $15.55 per share.
- Following the transaction, Lanoy directly owns 49,996 common shares of NATR.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, as it simply reports a transaction for tax purposes.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction reflects standard practice of covering tax obligations related to stock-based compensation.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/21/2022 | Date of restricted stock units grant to the reporting person. |
| 07/21/2024 | Date of transaction (disposal of shares for tax obligations). |
| 07/23/2024 | Date of signature on the Form 4 filing. |
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