Herbalife Updates Business Address & Phone Number in 8-K Filing

TL;DR

**Herbalife filed a routine 8-K updating its address and phone number, nothing to see here.**

AI Summary

Herbalife Ltd. filed an 8-K on January 2, 2024, to report a change in its business address to P.O. Box 309, Ugland House, Grand Cayman, Cayman Islands KY1-1104, and updated its telephone number to (213) 745-0500. This filing also noted the company's former name, Herbalife Nutrition Ltd., and its previous name, WH Holdings Cayman Islands Ltd. This matters to investors because changes in contact information and historical company names are standard administrative updates and do not indicate any significant operational or financial shifts that would impact stock value.

Why It Matters

This filing is primarily administrative, updating contact details and confirming the company's legal name history. It has no direct impact on Herbalife's operations, financial performance, or stock price.

Risk Assessment

Risk Level: low — The filing contains only administrative updates, posing no new risks or changes to the company's operational or financial standing.

Analyst Insight

A smart investor would recognize this as a routine administrative filing with no material impact on Herbalife's business or stock, requiring no immediate action.

Key Players & Entities

• Herbalife Ltd. (company) — the registrant filing the 8-K
• Herbalife Nutrition Ltd. (company) — former name of the registrant
• WH Holdings Cayman Islands Ltd (company) — former name of the registrant
• P.O. Box 309, Ugland House, Grand Cayman, Cayman Islands KY1-1104 (address) — new principal executive offices address
• (213) 745-0500 (phone_number) — new registrant's telephone number
• January 2, 2024 (date) — date of earliest event reported and filing date

FAQ

Key Financial Figures

• $0.0005 — ch registered Common Shares, par value $0.0005 per share HLF New York Stock Exchan
• $650,000 — Gratziani will have an annual salary of $650,000, and a target annual cash incentive equ
• $27,041 — cer, Mr. Gratziani earned approximately $27,041 in compensation for his service as a di
• $4.2 million — director on the Board and approximately $4.2 million in compensation as a distributor under

Filing Documents

• d680872d8k.htm (8-K) — 26KB
• d680872dex991.htm (EX-99.1) — 9KB
• g680872g88d81.jpg (GRAPHIC) — 11KB
• 0001193125-24-000719.txt ( ) — 164KB
• hlf-20240102.xsd (EX-101.SCH) — 2KB
• hlf-20240102_lab.xml (EX-101.LAB) — 17KB
• hlf-20240102_pre.xml (EX-101.PRE) — 11KB
• d680872d8k_htm.xml (XML) — 3KB

02

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On December 15, 2023, Mr. Stephan Paulo Gratziani was appointed as the President of Herbalife Ltd. (the "Company"), effective January 2, 2024. The Company first publicly announced Mr. Gratziani's appointment as President on January 2, 2024. Mr. Gratziani, 55, has served as the Company's Chief Strategy Officer since August 2023 and served as a director on the Company's board of directors (the "Board") from April 2023 to August 2023. Prior to his appointment as Chief Strategy Officer, Mr. Gratziani was as an Herbalife independent distributor for over 32 years and was a member of the Company's Chairman's Club and the Company's Founder's Circle. Mr. Gratziani will not continue in his role as the Company's Chief Strategy Officer following his appointment as President. In connection with his promotion, beginning January 2, 2024, Mr. Gratziani will have an annual salary of $650,000, and a target annual cash incentive equal to 85% of base salary, subject to actual performance. Mr. Gratziani will continue to be eligible to participate in the Company's long-term incentive plan, with the size, form, and timing of grants, if any, subject to the approval of the Board's Compensation Committee. In connection with his appointment as Chief Strategy Officer and suspension of his distributorship, Mr. Gratziani received the inducement award and payments described in the Company's press release dated August 2, 2023, a copy of which is filed as exhibit 99.1 hereto and incorporated herein by reference. Additionally, in 2023, prior to his appointment as the Company's Chief Strategy Officer, Mr. Gratziani earned approximately $27,041 in compensation for his service as a director on the Board and approximately $4.2 million in compensation as a distributor under the Company's marketing plan.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits . 99.1 Press release issued on August 2, 2023. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Herbalife Ltd. January 2, 2024 By: /s/ HENRY C. WANG Name: Henry C. Wang Title: EVP, General Counsel and Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR