LEDOUX MARK A 4

What Happened Mark A. Ledoux, a disclosed 10% owner of Natural Alternatives International, purchased a total of 1,250 shares of NAII in three open-market/private purchases between March 4–6, 2026. The purchases were: 500 shares at $2.77 ($1,385) on 2026-03-04, 218 shares at $2.75 ($600) on 2026-03-05, and 532 shares at $2.80 ($1,490) on 2026-03-06. These transactions are purchases (transaction code P), which are often viewed by investors as a more informative signal than routine sales, though they do not reveal motive.

Key Details

• Transaction dates and prices:
  • 2026-03-04: 500 shares @ $2.77 = $1,385
  • 2026-03-05: 218 shares @ $2.75 = $600
  • 2026-03-06: 532 shares @ $2.80 = $1,490
• Total purchased: 1,250 shares for $3,475.
• Shares owned after transaction: Not specified in the provided filing summary.
• Transaction type: P = Purchase (open market or private purchase).
• Filing: Form 4 filed on 2026-03-06 reporting trades from 2026-03-04 to 2026-03-06; this appears timely (Form 4s are generally due within two business days).
• No 10b5-1 plan, tax-withholding, or other special footnotes were indicated in the summary provided.

Context As a 10% owner, Ledoux is a significant insider/beneficial owner; these purchases reflect his personal buy activity rather than an option exercise, gift, or award. The total dollar amount is modest ($3,475), so while purchases are notable, the economic size here is small and should be weighed alongside other information about the company.