Yates Bryant J 4
Research Summary
AI-generated summary
Natures Sunshine EVP Yates Bryant Receives RSU Award (Cancelled)
What Happened
- Yates Bryant, EVP & President, Europe of Natures Sunshine Products, was granted 7,761 restricted stock units (RSUs) on March 6, 2026. The Form 4 shows an "other acquisition or disposition (J)" entry tied to that grant. On March 24, 2026 the company rescinded and cancelled the RSUs; none had vested and no shares were delivered or retained by Bryant. The filing was made March 26, 2026.
Key Details
- Transaction date(s): Grant dated 2026-03-06; rescission/cancellation dated 2026-03-24; Form 4 filed 2026-03-26 (period of report 2026-03-06).
- Amount: 7,761 RSUs granted, then cancelled; price listed as N/A and no cash changed hands.
- Vesting: Scheduled to vest in three equal annual installments through March 6, 2029; none had vested at cancellation.
- Shares owned after transaction: No incremental shares resulted from this award (RSUs were cancelled before vesting).
- Form notes: Entry recorded as "Other acquisition or disposition (J)"; footnote explains the grant and subsequent rescission.
Context
- This was not a purchase or sale of stock—an equity award was granted and then rescinded before vesting, so it did not change beneficial ownership. Such cancellations can occur for administrative, performance, or other reasons; the filing does not state a reason. The report was filed after both the grant and the rescission (filed two days after the rescission).