Form 4: Natures Sunshine Products SVP Jonathan Lanoy Reports Stock Transaction
SEC Form 4 Filing
Jonathan Lanoy, SVP and Chief Accounting Officer of Natures Sunshine Products, reports the disposal of 195 common shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 26, 2024, Jonathan David Lanoy, SVP and Chief Accounting Officer of Natures Sunshine Products Inc. (NATR), disposed of 195 common shares.
- The shares were withheld to cover tax obligations related to the vesting of restricted stock units granted on March 26, 2021.
- The transaction occurred at a price of $20.09 per share.
- Following the transaction, Lanoy directly owns 51,411 common shares of NATR.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing represents a routine transaction for tax purposes and doesn't indicate any strategic shift or concern.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. This filing indicates a routine transaction to cover tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/26/2021 | Date of grant of restricted stock units to the reporting person. |
| 03/26/2024 | Date of transaction (disposal of shares for tax withholding). |
| 03/28/2024 | Date of signature on the Form 4 filing. |
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