Mannatech CFO Haider Yasir Receives 4,000‑Share Award

What Happened
Haider Yasir, Chief Financial Officer of Mannatech Inc. (MTEX), was granted a derivative equity award for 4,000 shares on 2026-06-03. The award shows an acquisition price of $0.00 (no cash paid). This was a grant/award (not an open‑market purchase or sale) and represents compensation rather than an immediate investment decision.

Key Details

• Transaction date: 2026-06-03; Form 4 filed 2026-06-18 (filed late relative to the 2-business-day Form 4 rule).
• Security: derivative equity award for 4,000 shares at $0.00 per share.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: vesting schedule — one‑third of the award vested on the grant date, one‑third vests on the first anniversary, and the final one‑third vests on the second anniversary of the grant.
• No indication in the filing of an immediate sale, 10b5‑1 plan, or tax‑withholding sale.

Context

• This is a typical executive equity grant (likely options or RSUs recorded as a derivative acquisition). Such grants are common compensation tools and do not by themselves signal a buy or sell decision by the insider.
• Because one‑third vests immediately, Yasir gains some immediate economic interest, with the remainder tied to continued service over the next two years.
• The late filing is an administrative compliance note; timely Form 4 filings are required to provide prompt public disclosure of insider activity.