Romanzi Kenneth G. 4

What Happened

• Kenneth G. Romanzi, CEO of Natures Sunshine Products (NATR), was granted 29,928 restricted stock units (RSUs) on March 6, 2026 that were scheduled to vest in three equal annual installments through March 6, 2029. The company rescinded and cancelled all 29,928 RSUs on March 24, 2026. No RSUs had vested at the time of cancellation, and the filing reports no cash proceeds or per-share price (N/A).

Key Details

• Grant date: March 6, 2026 — 29,928 RSUs (vesting in three equal annual installments through 3/6/2029).
• Cancellation date: March 24, 2026 — all 29,928 RSUs rescinded; filing lists a disposition of 29,928 units (transaction code J).
• Price/value: N/A (no shares issued or cash paid because the award was unvested and cancelled).
• Shares owned after transaction: The RSUs were unvested and cancelled, so there was no conversion to common shares as a result of this action.
• Filing date: Form 4 filed March 26, 2026. The March 6 grant was reported about 20 days later (later than the standard 2-business-day window); the March 24 cancellation was reported on March 26 (within ~2 business days).
• Footnote: The filing states explicitly that none of the RSUs had vested at cancellation.

Context

• Restricted stock units are awards that convert to shares upon vesting. Because these RSUs were cancelled before vesting, Romanzi did not receive shares or cash from this award. Transaction code J is used for “other acquisition or disposition” and here reflects the rescission/cancellation of an unvested award rather than an open-market trade or exercised option. This type of corporate action changes the award status but does not necessarily indicate a change in the insider’s current share ownership or market view.