Irani Jehangir D 4
Research Summary
AI-generated summary
Herbalife (HLF) SVP Jehangir Irani Sells Shares
What Happened
Jehangir Irani, SVP and Chief Accounting Officer of Herbalife (HLF), had a total of 9,053 shares withheld (treated as dispositions) to satisfy tax obligations upon vesting of restricted stock units (RSUs). On 2026-05-03, 5,311 shares were withheld at $16.28/share for $86,463; on 2026-05-04, 3,742 shares were withheld at $15.82/share for $59,198. These were tax-withholding actions (routine dispositions), not open-market sales.
Key Details
- Transaction dates and prices: 5,311 shares @ $16.28 on 2026-05-03; 3,742 shares @ $15.82 on 2026-05-04.
- Total shares withheld: 9,053; total value: $145,661.
- Footnotes: F1 = shares withheld for taxes on RSUs granted May 3, 2024; F2 = shares withheld for taxes on RSUs granted May 4, 2023.
- Filing: Form 4 filed 2026-05-05 (Period of Report: 2026-05-03); appears to have been filed timely.
- Shares owned following the transaction: not specified in the provided summary.
Context
Tax-withholding dispositions (code F) are a common, administrative result of RSU vesting—shares are retained by the company to cover payroll/tax obligations. These routine withholdings do not necessarily signal insider sentiment about the stock; purchases or open-market sales are generally more informative about an insider’s view.