Nutra Pharma (NPHC) 10% Owner Rik Deitsch Gifts 12M Shares

What Happened

• Rik J. Deitsch, a reported 10% owner of Nutra Pharma Corp (ticker: NPHC), disposed of 12,000,000 shares as a gift (transaction code G) on 2026-08-21. The reported price per share is $0.00, so the filing records $0 realized value for the transfer.

Key Details

• Transaction date: 2026-08-21 (gift, code G).
• Reported price: $0.00 per share; total reported value: $0.
• Filing date (Form 4): 2026-09-01 — filed about 11 days after the transaction (outside the typical two-business-day Form 4 window).
• Shares owned after the transaction: not specified in the provided excerpt — check the full Form 4 for post-transaction holdings.
• Insider status: 10% owner (non-executive category); this is an ownership-level filing rather than a routine executive trade disclosure.

Context

• Gifts are transfers for which no purchase price is paid and do not necessarily indicate the insider’s view on the company’s prospects; they can reflect estate planning or personal decisions.
• Because Deitsch is a 10% owner (not necessarily an executive), the transfer is treated as an ownership disposition rather than routine employee trading.
• The late filing (filed Sep 1 for an Aug 21 transaction) is outside the standard two-business-day reporting window for Form 4s; investors may want to review the full filing for additional notes or footnotes explaining timing.