Lanoy Jonathan David 4

What Happened

• Jonathan Lanoy, SVP and Chief Accounting Officer of Natures Sunshine (NATR), received a grant/award of 5,415 shares at $25.06 per share (value ≈ $135,700) on March 6, 2026. On the same date he also converted/exercised 913 derivative units into common shares at $0.00 (no cash paid). Additionally, 312 shares were withheld/disposed to cover tax withholding related to RSU vesting (value ≈ $7,819).
• These transactions are acquisitions through awards/conversions rather than open-market purchases or sales; tax withholding is a routine disposition.

Key Details

• Transaction date(s): March 6, 2026; Form 4 filed March 10, 2026.
• Prices and values: 5,415 shares @ $25.06 = $135,700; 913 shares @ $0.00 = $0; 312 shares withheld valued at $7,819.
• Shares owned after transaction: Not provided in the excerpt of the filing.
• Footnotes:
  • F1: The awarded shares stem from achievement of a performance-based RSU milestone (adjusted EBITDA target) from a March 11, 2024 grant — half vests on achievement, half vests one year later.
  • F2: 312 shares were withheld to pay taxes upon RSU vesting; withholding amount was determined using the closing price on March 6, 2026.
  • F3: Some holdings are RSUs that vest in three equal annual installments through March 6, 2029.
• Timeliness: Filing date is March 10, 2026 for March 6 transactions (check timeliness against the 2-business-day Form 4 deadline).

Context

• The 913-share entry (code M) reflects conversion/exercise of a derivative/RSU into shares (no cash paid), not an option cash exercise and sale. The 312-share disposition (code F) is a tax-withholding event tied to vesting and is routine administrative activity, not a market sale indicating sentiment.
• Awards and RSU vesting are common forms of compensation and do not by themselves imply the insider is buying or selling shares in the open market.