Yates Bryant J 4

What Happened
Yates Bryant J, EVP & President, Europe of Natures Sunshine Products (NATR), had performance-based restricted stock units convert/vest on May 5, 2026. He was credited with a total of 6,798 shares (2,448 + 2,716 + 1,634) at an exercise/conversion price of $0.00 (i.e., no cash exercise price). To satisfy tax withholding obligations, the company withheld/disposed of 1,963 of those shares (707 + 784 + 472) at the closing price of $25.91, a recorded value of approximately $50,871. This is a vesting event (receipt of shares) rather than an open‑market purchase or voluntary sale.

Key Details

• Transaction date: May 5, 2026; Form 4 filed May 7, 2026 (appears timely).
• Acquisitions: 6,798 shares acquired via conversion/vesting (price $0.00).
• Disposals (tax withholding): 1,963 shares withheld at $25.91 per share; reported value ≈ $50,871.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes: Vesting was triggered by achievement of adjusted EBITDA milestones tied to performance-based RSU grants (grants dated July 21, 2022; April 20, 2023; March 10, 2025). The withheld shares reflect tax withholding upon vesting (withholding determined using the May 5, 2026 closing price).
• Transaction codes: M = exercise/conversion of derivative (vesting of RSUs); F = shares withheld to pay tax liability.

Context
This was effectively a vesting of performance-based RSUs (no cash paid to acquire the shares) with a routine company withholding of a portion of the vested shares to cover taxes. Such tax-withholding dispositions are common and do not necessarily signal a change in the insider’s view of the company; they reflect tax obligations when equity awards vest.