Filing Analysis
Nature's Sunshine Products, Inc. announced its second quarter financial results for the period ended September 30, 2024, and appointed Steven J. Fasching to its Board of Directors.
📋 Key Facts
- Company released Q2 financial results (ended Sept 30, 2024) via press release on November 7, 2024.
- Steven J. Fasching appointed to the Board of Directors effective November 6, 2024.
- Mr. Fasching will serve on the Compensation and Audit Committees.
- Mr. Fasching joins from Deckers Brands, where he has served as CFO since June 2018.
Nature’s Sunshine Products, Inc. issued an 8-K to announce its financial results for the second quarter ended June 30, 2024. The filing serves as a formal notification that a press release containing both GAAP and non-GAAP financial information has been released.
📋 Key Facts
- Report date: August 8, 2024
- Reporting period: Second Quarter ended June 30, 2024
- The company provided a press release (Exhibit 99.1) containing financial results
- Management included non-GAAP financial information in the announcement
Nature's Sunshine Products, Inc. announced its Q1 2024 financial results via press release and reported the outcomes of its 2024 Annual Meeting of Shareholders held on May 1, 2024.
📋 Key Facts
- The Company released Q1 2024 financial results on May 7, 2024 (Exhibit 99.1).
- Held the 2024 Annual Meeting of Shareholders on May 1, 2024.
- All eight nominated directors were elected to serve until the next Annual Meeting.
- Shareholders approved an advisory resolution regarding executive officer compensation.
- Shareholders ratified the appointment of Deloitte & Touche LLP as independent registered public accountants for the fiscal year ending December 31, 2024.
Nature's Sunshine Products, Inc. issued an 8-K to announce its financial results for the fourth quarter and full fiscal year ended December 31, 2023.
📋 Key Facts
- Financial results announced for the four quarter and full year ended December 31, 2023.
- The filing includes a press release (Exhibit 99.1) containing non-GAAP financial information.
- Report date: March 12, 2024.
The Company announced compensatory arrangement changes for three key executives, including base salary increases and adjustments to annual cash incentive targets. The changes are effective as of March 11, 2024.
🚩 Red Flags
- None identified in this filing.
📋 Key Facts
- CEO Terrence O. Moorehead: Base salary increased from $800,000 to $832,000; target annual cash incentive increased from 100% to 105%.
- CFO L. Shane Jones: Base salary increased from $430,000 to $460,000; target annual cash incentive increased from 60% to 70%.
- EVP Global Supply Chain Martin Gonzalez: Base salary increased from $375,000 to $390,000.
- All compensation changes are effective March 11, 2024.
This is an amendment to a previous 8-K filing regarding the results of the company's 2023 annual meeting. The purpose of the amendment is to disclose the board's decision on the frequency of shareholder advisory votes on executive compensation.
📋 Key Facts
- The filing amends an original 8-K filed on May 9, 2023.
- Stockholders voted on the frequency of future advisory votes regarding named executive officer compensation at the Annual Meeting held on May 3, 2023.
- The highest number of votes was cast in favor of holding an advisory vote every year.
- The Board of Directors has decided to conduct an advisory vote on executive compensation annually.