NATURES SUNSHINE PRODUCTS INC
For the period ended Mar 20, 2025. Filed Mar 20, 2025.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Mar 20, 2025 · Filed Mar 20, 2025
NATR$10.87+5.9%Stored close · as of Nov 6, 2026
Contents
Summary Compensation Table
| SUMMARY COMPENSATION TABLE | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| The following table and footnotes show information regarding the total compensation of each NEO for 2024, 2023, and 2022. | ||||||||||||||
| Name and Principal Position · Year · Salary (1)($) · Bonus ($) · Stock Awards (2)($) · Option Awards ($) · Non-Equity Incentive Plan (3)($) · All OtherCompensation (4)($) · Total ($) | ||||||||||||||
| Terrence MooreheadPresident and Chief Executive Officer | 2024 | 832,000 | — | 1,456,000 | — | 525,034 | 43,492 | 2,856,526 | ||||||
| 2023 | 800,000 | — | 1,400,002 | — | 1,279,200 | 42,677 | 3,521,879 | |||||||
| 2022 | 723,559 | — | 2,023,328 | — | — | 38,560 | 2,785,447 | |||||||
| Shane JonesExecutive Vice President, Chief Financial Officer | 2024 | 460,000 | — | 552,000 | — | 193,522 | 14,994 | 1,220,516 | ||||||
| 2023 | 430,000 | 150,000 | 515,993 | — | 412,542 | 14,536 | 1,523,071 | |||||||
| 2022 | — | — | 550,004 | — | — | — | — | |||||||
| Dan NormanExecutive Vice President, President Asia | 2024 | 425,000 | — | 425,000 | — | 230,407 | 14,805 | 1,095,212 | ||||||
| 2023 | — | — | — | — | — | — | — | |||||||
| 2022 | — | — | — | — | — | — | — | |||||||
| 1) | Amounts for 2024 include amounts that were deferred from the executive salaries into the 401(k) plan in 2023, as follows: Mr. Moorehead-$23,000; Mr. Jones-$23,000; and Mr. Norman-$23,000. |
| 2) | Amounts reflect the aggregate grant date fair value of the RSU grant made in each applicable year, in each instance calculated in accordance with FASB ASC Topic 718. See Note 12 of the Notes to Consolidated Financial Statements set forth in the 2024 Annual Report on Form 10-K filed with the SEC on March 11, 2025, for a description of the assumptions used in calculating such fair value. For this purpose, the estimate of forfeitures relating to vesting conditions is disregarded. The aggregate grant date fair value of the 2024 Performance-Based RSUs, assuming achievement of the maximum performance level, would be: Mr. Moorehead-$728,000; Mr. Jones-$276,000; and Mr. Norman $212,500. |
| 3) | For a detailed discussion of payments made under our annual cash incentive program, see the section above entitled “Narrative Discussion of Compensation Policies-Annual Cash Incentive.” |
| 4) | “All Other Compensation” includes the following amounts paid by the Company for the year ended December 31, 2024. The amounts disclosed are the actual costs of providing these benefits. |
| Name · 401(k) Plan Company Contribution ($) · Life Insurance Premium($) · Product Credit ($) (A) · Miscellaneous Other ($) (B) · Total ($) | ||||||
|---|---|---|---|---|---|---|
| Terrence Moorehead | 12,075 | 12,667 | 750 | 18,000 | 43,492 | |
| Shane Jones | 12,075 | 2,363 | 556 | — | 14,994 | |
| Dan Norman | 12,075 | 2,113 | 617 | 14,805 | ||
| A) | Includes $750 of product credit for each NEO. |
|---|---|
| B) | Includes $18,000 automobile allowance for Mr. Moorehead. |
| 38 | 2025 Proxy Statement |
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