Lamberti Frank 4

What Happened Frank Lamberti, Chief Commercial Officer of Herbalife Ltd. (HLF), reported sales of company stock on May 11–12, 2026. He disposed of 7,937 shares on 2026-05-11 at a weighted-average price of $13.86 (proceeds $110,002) and 134,982 shares on 2026-05-12 at $13.50 (proceeds $1,822,257), for total proceeds of approximately $1,932,259. The transactions are reported as open-market or private sales (code S).

Key Details

• Transaction dates and prices:
  • 2026-05-11: 7,937 shares sold at $13.86 (weighted avg) — $110,002.
  • 2026-05-12: 134,982 shares sold at $13.50 — $1,822,257.
• Total shares sold: 142,919; total proceeds ≈ $1.93M.
• Shares owned after the transactions: not disclosed in the filing.
• Footnote: the filing notes the reported price is a weighted average; some shares were sold in multiple trades at prices ranging from $13.85 to $13.8601 per share and the reporting person can provide details on per-trade quantities/prices on request.
• Filing timeliness: Report period 2026-05-11, filing date 2026-05-12 — appears to have been filed promptly.

Context

• These were sales (disposals). Sales by insiders are common and can be for many reasons (diversification, liquidity, tax planning) and do not necessarily indicate a change in company outlook. Purchases tend to be more informative about insider sentiment.