Jones Leslie Shane 4
4 · NATURES SUNSHINE PRODUCTS INC · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Nature's Sunshine (NATR) CFO Leslie Jones Receives 11,798-Share RSU Grant
What Happened
- Leslie Jones, Chief Financial Officer of NATURES SUNSHINE PRODUCTS INC (NATR), received a grant of 11,798 restricted stock units (RSUs) valued at $25.06 each (total $295,658) and converted/exercised 2,002 derivative shares at $0.00. To cover taxes on the March 6, 2026 vesting, 878 shares were withheld/disposed at $25.06 (≈ $22,003). Net new shares to Jones from these events = 12,922 (11,798 + 2,002 − 878).
Key Details
- Transaction date(s): March 6, 2026; Form 4 filed March 10, 2026 (reporting period March 6).
- Items reported:
- Code M (exercise/conversion): 2,002 shares acquired at $0.00 (no cash paid).
- Code A (grant/award): 11,798 RSUs granted @ $25.06 (value $295,658).
- Code F (tax withholding): 878 shares withheld/disposed @ $25.06 (value $22,003) to cover taxes.
- Shares owned after transaction: Not stated in the provided filing excerpt.
- Notable footnotes:
- The 2,002 shares relate to vesting from a March 11, 2024 performance-based RSU grant triggered by achieving a $48M adjusted EBITDA milestone (half vests on achievement; the other half vests one year later).
- The 11,798 RSUs vest in three equal annual installments through March 6, 2029.
- The 878 shares were withheld to pay taxes based on the closing price on March 6, 2026.
Context
- This was primarily an award/vesting event (not an open-market sale). The M-code conversion was effectively the conversion/vesting of performance-based derivative awards at no cash cost; the F-code disposal reflects tax withholding on RSU vesting—not a market sale for cash profit.
- These kinds of filings record compensation and vesting activity and do not, by themselves, indicate the insider's personal buying/selling intent.
Insider Transaction Report
Form 4
Jones Leslie Shane
EVP & Chief Financial Officer
Transactions
- Exercise/Conversion
Common Shares
[F1]2026-03-06+2,002→ 110,594 total - Tax Payment
Common Shares
[F2]2026-03-06$25.06/sh−878$22,003→ 109,716 total - Award
Common Shares
[F3]2026-03-06$25.06/sh+11,798$295,658→ 121,514 total
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 Leslie Shane Jones|2026-03-10