Macadrai Rodica 4
Research Summary
AI-generated summary
Herbalife (HLF) Director Rodica Macadrai Receives RSU Award
What Happened
Rodica Macadrai, a director of Herbalife Ltd. (HLF), received an award of 11,879 restricted stock units (RSUs) on May 8, 2026. The Form 4 reports the acquisition as 11,879 shares at $0.00 (award/grant), meaning no cash was exchanged at grant. These RSUs will convert to common shares only upon vesting.
Key Details
- Transaction date: May 8, 2026; Filing date: May 12, 2026 (Form 4) — filed within the usual two-business-day window.
- Transaction type/code: Award/Grant (A); reported price $0.00; total reported acquisition value $0.
- Shares awarded: 11,879 restricted stock units (RSUs).
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnote: RSUs granted under the Herbalife Ltd. Amended & Restated 2023 Stock Incentive Plan; vest 100% on April 15, 2027, subject to continued service on the Board.
Context
RSUs are a form of compensation that become actual shares only after vesting; they are not an open-market purchase or sale and therefore do not directly signal a near-term trading decision. Director awards are common as board compensation and are contingent on continued service through the vest date.