Herbalife (HLF) CCO Frank Lamberti Withholds 1,710 Shares

What Happened

• Frank Lamberti, Chief Commercial Officer of Herbalife Ltd. (HLF), had 1,710 shares withheld on August 4, 2026 to cover tax obligations related to the vesting of previously granted restricted stock units (RSUs). The withholding was executed at $12.80 per share for a total value of $21,888. This is a tax-withholding event (code F), not an open-market sale.

Key Details

• Transaction date: 2026-08-04; Filing date: 2026-08-05 (timely).
• Price per share: $12.80; Total value withheld: $21,888.
• Transaction code: F — shares withheld to satisfy tax withholding on vested RSUs.
• Footnote: Withholding relates to RSUs granted to the reporting person on August 4, 2023 (per footnote F1).
• Shares owned after transaction: not specified in the Form 4 filing.

Context

• This was a routine tax withholding upon RSU vesting (a form of cashless settlement), not an open-market sale or purchase — commonly done to satisfy withholding obligations and not necessarily a signal about insider sentiment.