Herbalife (NYSE: HLF) amends filing on CCO stock rights grant
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Herbalife Ltd. reported that Chief Commercial Officer Frank Lamberti acquired 40,437 stock appreciation rights (SARs) on February 25, 2026 under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan.
The SARs vest in three equal installments on February 25, 2027, February 25, 2028, and February 25, 2029, conditioned on his continued service through each vesting date. This amended Form 4 was filed solely to correct the SAR exercise price, which was previously reported as $10.51, with no other changes to the original report.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lamberti Frank
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Rights | 40,437 | $0.00 | -- |
Holdings After Transaction:
Stock Appreciation Rights — 40,437 shares (Direct)
Footnotes (1)
- This amendment is being filed solely to correct the exercise price, which was previously reported as $10.51. No other information in the original Form 4 has been changed. Consists of stock appreciation rights ("SARs") granted under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan. These SARs will vest in one-third increments on each of February 25, 2027, February 25, 2028, and February 25, 2029, subject to continued service through such date.
FAQ
What insider transaction did Herbalife (HLF) report for Frank Lamberti?
Herbalife reported that Chief Commercial Officer Frank Lamberti received a grant of 40,437 stock appreciation rights (SARs) on February 25, 2026. The award was made under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan as executive equity compensation.
Why was this Form 4/A amendment filed for Herbalife (HLF)?
The Form 4/A was filed solely to correct the exercise price of the previously reported SAR grant, which had been shown as $10.51. The amendment states that no other information from the original Form 4 has been changed or updated.
How many stock appreciation rights did Frank Lamberti receive at Herbalife (HLF)?
Frank Lamberti received 40,437 stock appreciation rights (SARs) in this award. These derivative securities give him value linked to Herbalife’s share price, subject to the vesting schedule and the corrected exercise price referenced in the amended filing.
When do Frank Lamberti’s Herbalife (HLF) stock appreciation rights vest?
Lamberti’s SARs vest in three equal one-third installments on February 25, 2027, February 25, 2028, and February 25, 2029. Vesting is explicitly conditioned on his continued service with Herbalife through each respective vesting date.
Under which plan were Frank Lamberti’s SARs granted at Herbalife (HLF)?
The stock appreciation rights were granted under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan. This plan governs equity-based awards, including SARs, to company executives and other eligible participants as part of their long-term incentive compensation.