WOLF KENNETH 4

What Happened

• Kenneth Wolf, President, COO & Secretary of Natural Alternatives International, was granted 15,000 restricted shares (no cash price) and separately had 5,151 shares resold to the company to cover tax withholding related to the vesting of 9,166 restricted shares. The withheld/resold shares were priced at the closing price on March 6, 2026 ($2.73), generating $14,062 to cover taxes. The 15,000-share grant is subject to a multi-year vesting schedule.

Key Details

• Transaction dates and prices: March 6, 2026 — 15,000 shares granted @ $0.00 (code A); 5,151 shares withheld/resold @ $2.73 = $14,062 (code F).
• Shares owned after transaction: Not specified in the filing excerpt.
• Footnotes of note:
  • The 5,151-share resale was a tax-withholding payment upon vesting of 9,166 restricted shares on March 7, 2026 (using $2.73 closing price).
  • The 15,000-share award was granted under the company’s 2020 Omnibus Incentive Plan.
  • Vesting schedule for the 15,000 shares: one-third (5,000) vests March 7, 2027; one-third on March 7, 2028; final third on March 7, 2029.
• Filing: Form 4 filed March 10, 2026 — filed within the normal reporting window for a March 6 transaction (timely).

Context

• The 15,000-share entry is a restricted stock award (compensation), not an open-market purchase; such grants are common executive compensation. The 5,151-share transaction was a cashless share withholding/resale to satisfy tax obligations on vested restricted stock, not a market sale for cash proceeds beyond covering taxes. These types of transactions are standard and do not by themselves indicate the insider’s market view.