LEVITT MICHAEL J 4

What Happened
Michael J. Levitt, a member of the board of directors of Herbalife Ltd. (HLF), received an award of 11,879 restricted stock units (RSUs) on 2026-05-08. The Form 4 reports an acquisition price of $0 for the RSUs (standard for many grants); the award will vest 100% on April 15, 2027, subject to continued service on the board. This is a grant (compensation/retention), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-08; Form 4 filed: 2026-05-12 (reporting period 2026-05-08). Filing is within the SEC’s two-business-day requirement.
• Transaction type/code: Award/Grant (A).
• Shares/units granted: 11,879 RSUs; reported acquisition price: $0 (no cash paid).
• Vesting: 100% on April 15, 2027, contingent on continued service (see footnote F1).
• Shares owned after transaction: not specified in the provided filing.
• Footnote: F1 confirms these are RSUs granted under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan with the single-date vesting described above.

Context
RSU grants to directors are a common form of equity-based compensation and are intended for retention/aligning interests with shareholders. RSUs do not represent immediately tradable shares until they vest (and any applicable tax-withholding requirements are met). Because this is a grant rather than a purchase or sale, it should be viewed as compensation disclosure rather than a direct signal of the insider buying or selling stock.