Norman Daniel C 4

4 · NATURES SUNSHINE PRODUCTS INC · Filed Mar 10, 2026

AI-generated summary of this filing

Updated Mar 11, 2026

NATR EVP Daniel C. Norman Receives Award of 10,088 Shares

What Happened

Daniel C. Norman, EVP & President, Asia of Natures Sunshine Products, had restricted stock units vest on March 6, 2026. The Form 4 shows an acquisition/award of 10,088 shares (valued at $25.06/share, total ~$252,805), a conversion/exercise or conversion of 1,541 derivative units into shares (reported at $0), and 527 shares were withheld to satisfy tax withholding obligations (disposed for $25.06/share, total $13,207).
These transactions reflect vesting/acquisition of RSUs and associated tax withholding rather than an open-market purchase or voluntary sale.

Key Details

Transaction date: March 6, 2026; filing date: March 10, 2026 (filed within required timeframe).
Price(s): shares valued at $25.06 per share (closing price used to calculate withholding).
Items reported: M = conversion/exercise of derivative (1,541 shares @ $0), A = grant/award acquisition (10,088 shares @ $25.06), F = tax withholding (527 shares disposed @ $25.06 for $13,207).
Footnotes:
- F1: These vested shares result from achieving an adjusted EBITDA milestone ($48M rolling 12-month) under a March 11, 2024 performance-based RSU grant (half vests on achievement; remaining half vests one year later).
- F2: 527 shares were withheld to pay taxes upon vesting; withholding calculated using the March 6 closing price.
- F3: The RSUs are structured as units that convert to one share each and vest in scheduled installments through March 6, 2029.
Shares owned after the transaction: not disclosed in the provided filing excerpt.

Context

This was a vesting/award event (RSUs converting to shares) with a routine tax-withholding sale — not an open-market sale by the insider. For derivative transactions: the M code indicates conversion/exercise of a derivative into shares rather than a cash purchase.
Such vesting-related filings indicate compensation-related issuance rather than a direct bullish or bearish market signal.

Form 4

Period: 2026-03-06

EVP & President, Asia

Transactions

Footnotes (3)

[F1]These shares are vested shares resulting from the achievement of an adjusted EBITDA milestone of $48M over a rolling 12-month period pursuant to a March 11, 2024, performance-based restricted stock unit grant to the reporting person. As a result, half of the target vests upon achievement of the target and another half will vest one year following the achievement of such milestone.
[F2]Represents shares of NATR common stock withheld to pay taxes upon vesting of restricted stock units granted to the reporting person on March 6, 2026. The number of shares withheld was determined on March 6, 2026, based on the closing price of NATR common stock on that date.
[F3]These shares are in the form of restricted stock units (RSUs). Each RSU represents the right to receive one share of NATR common stock. These RSUs vest in three equal annual installments from the initial grant date through March 6, 2029.

Signature

/s/ Nathan G. Brower as attorney-in-fact for Daniel C. Norman|2026-03-10

1 file