Jones Leslie Shane 4

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.