Natural Health Trends (NHTC) just unveiled an announcement.
The Compensation Committee of Natural Health Trends Corp. has approved a special waiver allowing Chris T. Sharng, the company’s President, to transfer 443,322 shares of common stock to his ex-spouse as part of a divorce settlement. This waiver, granted on April 16, 2024, overrides the initial transfer restrictions outlined in the Phantom Share Agreement tied to Sharng’s phantom share award from February 2023, facilitating compliance with a domestic relations order.
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