Norman Daniel C 4
4 · NATURES SUNSHINE PRODUCTS INC · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Natures Sunshine (NATR) EVP Norman Daniel C Award Cancelled
What Happened
Norman Daniel C, Executive Vice President & President, Asia of Natures Sunshine Products Inc. (NATR), was granted 10,088 restricted stock units (RSUs) on March 6, 2026 that were to vest in three equal annual installments through March 6, 2029. The company rescinded and cancelled those RSUs on March 24, 2026; none had vested at the time of cancellation. The Form 4 records an "other acquisition or disposition (J)" for 10,088 units with price listed as N/A, and no cash proceeds were reported.
Key Details
- Transaction date (grant): 2026-03-06; cancellation date: 2026-03-24. Form 4 filed: 2026-03-26 (Accession 0001628280-26-021365).
- Transaction code: J = other acquisition or disposition (here, rescission/cancellation). Price: N/A.
- RSU amount: 10,088 units; vesting schedule: three equal annual installments through 3/6/2029. None vested before cancellation.
- Shares owned after transaction: not disclosed in the filing.
- Filing timeliness: The Form 4 was filed 20 days after the grant date — noted as late (transactionTimeliness = 'L').
Context
RSUs are awards that convert to shares if/when they vest; because these units were rescinded before any vesting, no shares were issued and there was no sale or purchase of stock. Cancellations like this are procedural items and do not by themselves indicate insider buying or selling intent.
Insider Transaction Report
- Other
Common Shares
[F1]2026-03-06−10,088→ 41,995 total
Footnotes (1)
- [F1]On March 6, 2026, the Company granted to the reporting person 10,088 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 On March 24, 2026, the Company rescinded and cancelled these restricted stock units.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.