Natural Health Trends Corp. Files DEF 14A

TL;DR

<b>Natural Health Trends Corp. has filed a DEF 14A form with the SEC, indicating a reporting date of May 14, 2024.</b>

AI Summary

NATURAL HEALTH TRENDS CORP (NHTC) filed a Proxy Statement (DEF 14A) with the SEC on April 1, 2024. Filing type: DEF 14A. Reporting period: 2024-05-14. Filed as of date: 2024-04-01. Company SIC code: 5190 (Wholesale-Miscellaneous Nondurable Goods). Incorporated in: Delaware.

Why It Matters

For investors and stakeholders tracking NATURAL HEALTH TRENDS CORP, this filing contains several important signals. This filing is a definitive proxy statement, which provides shareholders with information about matters to be voted on at the annual meeting, including executive compensation and director elections. The DEF 14A filing details executive compensation components and award values for the fiscal years ending December 31, 2021, 2022, and 2023, offering insight into how the company incentivizes its top management.

Risk Assessment

Risk Level: low — NATURAL HEALTH TRENDS CORP shows low risk based on this filing. The filing is a routine DEF 14A, providing standard disclosures without immediate financial or operational performance indicators, thus posing low risk.

Analyst Insight

Review the executive compensation details and any proposed shareholder resolutions to understand management incentives and corporate governance.

Key Numbers

• 2024-05-14 — Reporting Period End Date (Conformed Period of Report)
• 2024-04-01 — Filing Date (Filed As Of Date)
• 1231 — Fiscal Year End (Fiscal Year End)

Key Players & Entities

• NATURAL HEALTH TRENDS CORP (company) — Filer
• 0000912061 (company) — Central Index Key
• DE (company) — State of Incorporation
• 5190 (company) — Standard Industrial Classification
• 852-3107-0800 (company) — Business Phone

FAQ

Industry Context

The company operates in the wholesale of miscellaneous nondurable goods sector.

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, requiring public companies to disclose material information to shareholders.

What Investors Should Do

1. Analyze executive compensation packages and stock award details for 2021-2023.
2. Review any proposals or director nominations presented for shareholder vote.
3. Note the company's fiscal year end and incorporation state for context.

Key Dates

• 2024-05-14: Reporting Period End — Definitive proxy statement reporting period
• 2024-04-01: Filing Date — Date the filing was submitted to the SEC

Year-Over-Year Comparison

This is a DEF 14A filing, which typically occurs annually to provide proxy information. Specific comparative data from a previous filing is not detailed here.

Filing Documents

• nhtc20231122_def14a.htm (DEF 14A) — 358KB
• a01.jpg (GRAPHIC) — 160KB
• a02.jpg (GRAPHIC) — 154KB
• capture-graph3624725.jpg (GRAPHIC) — 18KB
• capture-graph23624725.jpg (GRAPHIC) — 20KB
• 0001437749-24-010241.txt (&nbsp;) — 1719KB
• nhtc-20231231.xsd (EX-101.SCH) — 5KB
• nhtc-20231231_def.xml (EX-101.DEF) — 6KB
• nhtc-20231231_lab.xml (EX-101.LAB) — 11KB
• nhtc-20231231_pre.xml (EX-101.PRE) — 6KB
• nhtc20231122_def14a_htm.xml (XML) — 75KB

From the Filing

nhtc20211106_def14a.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Schedule 14A Schedule 14A Information Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement – 2024 Annual Meeting of Stockholders Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 NATURAL HEALTH TRENDS CORP. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 NATURAL HEALTH TRENDS CORP. NOTICE OF ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON MAY 14, 2024 To the Stockholders of Natural Health Trends Corp.: The 2024 annual meeting of stockholders of Natural Health Trends Corp. (the "Company") will be held on May 14, 2024, beginning at 9:00 a.m. local time, at the Company's office located at 19745 Colima Rd., Suite 8, Rowland Heights, CA 91748. At the meeting, the holders of the Company's outstanding common stock will act on the following matters: Election of four (4) directors to the Board of Directors of the Company to serve until the next annual meeting of the Company's stockholders Advisory vote on compensation of the Company's named executive officers Ratification of the appointment of Marcum LLP as independent registered public accounting firm for the Company for the year ending December 31, 2024 Approval and adoption of the amendment to the Company's certificate of incorporation to provide for the exculpation of certain of our officers, as permitted by recent amendments to the Delaware General Corporation Law All holders of record of shares of the Company's common stock at the close of business on March 22, 2024 are entitled to vote at the meeting and any postponements or adjournments of the meeting. We are using Securities and Exchange Commission rules that allow the Company to furnish proxy materials on the Internet to stockholders of the Company. Consequently, stockholders will not automatically receive paper copies of our proxy materials. We are instead sending to stockholders a Notice of Availability of Proxy Materials with instructions for accessing the proxy materials, including our proxy statement and Annual Report on Form 10-K, and for voting via the Internet. The electronic delivery of our proxy materials will reduce our printing and mailing costs and any environmental impact. The Notice of Availability of Proxy Materials identifies the date, time and location of the annual meeting; the matters to be acted upon at the meeting and the Board of Directors' recommendation with regard to each matter; a toll-free telephone number, an e-mail address, and a website where stockholders can request a paper or e-mail copy of our proxy materials, including our Annual Report on Form 10-K, proxy statement and a proxy card, free of charge. By Order Of The Board Of Directors, /s/ Timothy S. Davidson April 1, 2024 Timothy S. Davidson Chief Financial Officer, Senior Vice President and Corporate Secretary WHETHER OR NOT YOU EXPECT TO BE PRESENT AT THE MEETING, PLEASE EXERCISE YOUR VOTING RIGHTS. THE PROXY STATEMENT IS FIRST BEING SENT OR GIVEN TO THE COMPANY'S STOCKHOLDERS ON OR ABOUT APRIL 1, 2024. TABLE OF CONTENTS Page ABOUT THE MEETING 1 What is the purpose of the meeting? 1 Who is entitled to vote at the meeting? 1 What are the voting rights of the holders of the Company's common stock? 1 Who can attend the meeting and where is it being held? 1 Why did I initially receive a Notice of Availability of Proxy Materials instead of a full set of proxy materials? 1 How can I elect the manner in which I will receive proxy materials in the future? 1 How do I vote? 2 How may my broker, bank or other agent vote my shares if I fail to provide timely directions? 2 Can I change my vote or revoke my proxy? 2 What constitutes a quorum? 2 What are the Board of Directors' recommendations? 3 What vote is required to approve each item? 3 What types of expenses will the Company incur? 3 STOCK OWNERSHIP 4 Who are the owners of the Company's stock? 4 Were there any delinquent Section 16(a) reports during 2023? 5 GOVERNANCE OF THE COMPANY 5 Who are the current members of the Board of Directors and on which committees do they serve? 5 Who is the Chairman of the Board of Directors? 5 Which directors are considered independent? 5 How often did the Board of Directors meet during fiscal 2023? 6 What is the role of the Board of Directors' Audit, Compensation, and Nominating and

View Full Filing

View this DEF 14A filing on SEC EDGAR