Herbert Kevin R. 4
Research Summary
AI-generated summary
Natures Sunshine (NATR) EVP Herbert Kevin Withholds Shares for Taxes
What Happened
Herbert Kevin R., EVP & President, North America of Natures Sunshine (NATR), had shares withheld to cover taxes upon vesting of restricted stock units (RSUs). On 2026-03-10 he had 1,163 shares withheld at $25.08 ($29,168), and on 2026-03-11 he had 917 shares withheld at $24.76 ($22,705) — a total of 2,080 shares and $51,873 in proceeds. These transactions are recorded as tax-withholding (Form 4 code F), not open-market sales.
Key Details
- Transaction dates and prices:
- 2026-03-10: 1,163 shares withheld @ $25.08 = $29,168 (F)
- 2026-03-11: 917 shares withheld @ $24.76 = $22,705 (F)
- Total withheld: 2,080 shares for $51,873.
- Footnotes: Withholdings paid taxes on RSUs granted 03-10-2025 (ties to 03-10-2026 price) and 03-11-2024 (ties to 03-11-2026 price).
- Shares owned after the transactions: not reported in this filing.
- Filing/timeliness: Report filed 2026-03-12. No late-filing flag indicated on the form.
- Transaction code: F = shares withheld to satisfy tax withholding obligations upon vesting.
Context
These were cashless withholding transfers to cover tax liabilities on vested RSUs — a common administrative action and not an open-market sale signaling a trade decision. For retail investors, purchases are generally more informative about insider sentiment; tax-withholdings are routine and reflect compensation tax obligations rather than a view on the company’s stock.