Yates Bryant J 4

What Happened

• Yates Bryant, EVP and President, Europe of Natures Sunshine Products (NATR), had multiple equity actions on March 6, 2026: 1,317 derivative shares converted (acquired at $0), a grant/award of 7,761 RSUs valued at $25.06/share ($194,491), and 450 shares were withheld/disposed to cover taxes ($11,277).
• The 7,761 instruments are RSUs (award), while the 1,317 shares reflect vested/converted derivative units. The 450-share disposition is tax withholding (not an open-market sale).

Key Details

• Transaction date: March 6, 2026; Form 4 filed March 10, 2026 (timely).
• Exercise/conversion (code M): 1,317 shares @ $0.00 (acquired; no cash exercise).
• Grant/award (code A): 7,761 RSUs @ $25.06 (notional value ~$194,491 based on closing price).
• Tax withholding (code F): 450 shares @ $25.06 = $11,277 (shares withheld to satisfy tax liability).
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Relevant footnotes:
  • F1: 1,317 shares vested due to achieving an adjusted EBITDA milestone ($48M rolling 12 months) from a March 11, 2024 performance-based RSU grant.
  • F2: The 450 shares were withheld to pay taxes upon vesting of RSUs granted on March 6, 2026 (withholding amount determined by that day's closing price).
  • F3: The 7,761 RSUs vest in three equal annual installments through March 6, 2029.

Context

• The 1,317-share conversion reflects vested performance RSUs converting into shares (no cash paid); the 450-share disposition is a tax-withholding event, which is routine and does not necessarily indicate a sale-driven view of the stock.
• The 7,761-share item is a time-vesting RSU grant (future vesting schedule), which is a common form of compensation rather than an immediate purchase or market sale.