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

Steven Keith Hatchett, Chief Product Officer of Nu Skin Enterprises, reported disposing of 8,949 shares of Class A Common Stock on February 15, 2025, to cover tax withholding obligations.

Summary

• On February 19, 2025, a Form 4 filing was submitted to the SEC by Gregory Belliston as Attorney-In-Fact for Steven Hatchett, Chief Product Officer of Nu Skin Enterprises.
• The filing reports a transaction on February 15, 2025, where 8,949 shares of Class A Common Stock were disposed of at a price of $7.56 per share.
• This disposal was to cover tax withholding obligations related to the vesting of previously granted restricted stock units.
• Following the transaction, Hatchett beneficially owns 90,881 shares of Nu Skin Enterprises' Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of covering tax obligations through stock disposal.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.

Key Dates

Keywords

Form 4, SEC, Nu Skin Enterprises, Steven Hatchett, Stock Disposal, Tax Withholding, Class A Common Stock, NUS