Norman Daniel C 4
Research Summary
AI-generated summary
Natures Sunshine (NATR) EVP Daniel C. Norman Sells Shares for Taxes
What Happened
- Daniel C. Norman, EVP & President, Asia of Natures Sunshine Products (NATR), had 3,091 shares of common stock withheld to satisfy tax withholding related to vesting restricted stock units. The transactions were recorded as dispositions (code F for tax withholding).
- Details: 1,896 shares withheld on 2026-03-10 at $25.08 each ($47,552) and 1,195 shares withheld on 2026-03-11 at $24.76 each ($29,588), totaling 3,091 shares and roughly $77,140.
Key Details
- Transaction dates and prices:
- 2026-03-10: 1,896 shares @ $25.08 → $47,552 (withheld to pay taxes; footnote F1).
- 2026-03-11: 1,195 shares @ $24.76 → $29,588 (withheld to pay taxes; footnote F2).
- Shares owned after transaction: Not specified in the information provided in this summary.
- Footnotes: F1 = shares withheld for taxes on RSUs granted 2025-03-10 (withholding determined by 2026-03-10 close). F2 = shares withheld for taxes on RSUs granted 2024-03-11 (withholding determined by 2026-03-11 close).
- Filing timeliness: Form 4 filed 2026-03-12 for transactions on 2026-03-10 and 2026-03-11 — appears to be filed within the standard two-business-day window.
Context
- This was tax withholding on vested restricted stock units (routine administrative disposition), not an open-market sale intended as an investment signal. Such withholdings are common when RSUs vest and generally do not alone indicate insider sentiment about the company's stock.