Form 4: Nu Skin Executive Steven Hatchett Reports Stock Disposal for Tax Obligations

Steven Keith Hatchett, Chief Product Officer of Nu Skin Enterprises, disposed of 459 shares of Class A Common Stock on June 5, 2024, to cover tax withholding obligations.

Summary

• On June 5, 2024, Steven Keith Hatchett, Chief Product Officer of Nu Skin Enterprises, disposed of 459 shares of Class A Common Stock.
• The transaction was executed to cover tax withholding obligations related to the vesting of previously granted restricted stock units.
• The shares were sold at a price of $13.47 per share.
• Following the transaction, Hatchett directly owns 96,144 shares of Nu Skin Enterprises stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's value and prospects.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small number of shares being sold by an officer to cover tax obligations.

Key Dates