Carmona Richard H 4

What Happened

• Richard H. Carmona, a director of Herbalife Ltd. (HLF), received an award of 11,879 restricted stock units (RSUs) on May 8, 2026. The Form 4 records the grant as an acquisition (code A) at $0.00 per unit. The RSUs will vest 100% on April 15, 2027, subject to continued service on the Board.

Key Details

• Transaction date: 2026-05-08 (reported on Form 4 filed 2026-05-12). Filing appears timely (filed on the second business day after the transaction).
• Security and amount: 11,879 RSUs granted; reported price $0.00 (no cash paid at grant).
• Vesting: 100% vesting on April 15, 2027, contingent on continued board service (per footnote).
• Plan: Granted under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan.
• Shares owned after transaction: not specified in this filing.
• Transaction type: Award/grant (A). This is a compensation award, not an open-market purchase or sale.

Context

• RSUs are a promise to deliver shares (or value) in the future if vesting conditions are met; they are not freely tradable common shares at grant. Such awards are routine for directors and reflect compensation rather than an immediate market buy/sell signal.