Herbert Kevin R. 4
4 · NATURES SUNSHINE PRODUCTS INC · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
NATURES SUNSHINE (NATR) EVP Kevin R. Herbert RSU Grant Rescinded
What Happened
Kevin R. Herbert, EVP & President, North America of Natures Sunshine Products, was granted 7,124 restricted stock units (RSUs) on March 6, 2026 that were set to vest in three equal annual installments through March 6, 2029. The company rescinded and cancelled those RSUs on March 24, 2026; none of the units had vested at cancellation, and no shares were issued or sold. The Form 4 (filed March 26, 2026) reports the disposition with no price or cash value (N/A).
Key Details
- Transaction date(s): Grant issued March 6, 2026; RSUs rescinded/cancelled March 24, 2026. Form 4 filed March 26, 2026.
- Shares/price: 7,124 RSUs affected; price/value listed as N/A; no shares vested or delivered.
- Shares owned after transaction: Not applicable — none of these RSUs had vested, so no shares were issued from this grant.
- Footnote: Grant vesting schedule was three equal annual installments from grant date through March 6, 2029; rescinded March 24, 2026.
- Filing timeliness: Form 4 was filed March 26, 2026; the filing reflects the grant date and later cancellation (see dates above).
Context
RSUs are conditional awards that convert to shares only after vesting. A rescission/cancellation means the awards were voided before vesting — this is not a purchase or sale and involved no transfer of shares or proceeds. For investors, cancellations reduce potential future insider-held shares but do not represent an open-market trade or immediate change in insider share ownership.
Insider Transaction Report
- Other
Common Shares
[F1]2026-03-06−7,124→ 41,406 total
Footnotes (1)
- [F1]On March 6, 2026, the Company granted to the reporting person 7,124 restricted stock units, vesting in three equal annual installments from the initial grant date through March 6, 2029. On March 24, 2026, the Company rescinded and cancelled these restricted stock units. None of the restricted stock units had vested at the time of cancellation.