Form 4: Natures Sunshine Products SVP Jonathan Lanoy Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Jonathan Lanoy, SVP and Chief Accounting Officer of Natures Sunshine Products, reports disposing of 2,653 common shares to cover taxes upon vesting of restricted stock units.
Summary
- On September 6, 2024, Jonathan David Lanoy, SVP and Chief Accounting Officer of Natures Sunshine Products Inc. (NATR), disposed of 2,653 common shares.
- The disposal was to cover taxes upon the vesting of restricted stock units granted on September 6, 2022.
- The shares were sold at a price of $13.05 per share.
- Following the transaction, Lanoy beneficially owns 47,343 common shares directly.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
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 related to tax obligations from vested stock.
Key Dates
| Date | Description |
|---|---|
| 09/06/2022 | Date of grant of restricted stock units to the reporting person. |
| 09/06/2024 | Date of transaction (disposal of shares for tax withholding). |
| 09/10/2024 | Date of signature on the Form 4 filing. |
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