---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-013456"
form_type: "8-K"
ticker: "NHTC"
cik: "0000912061"
company_name: "NATURAL HEALTH TRENDS CORP"
filed_at: "2022-05-25T23:59:59+00:00"
generated_at: "2026-06-25T07:26:25.143357+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Compensation Committee waives performance condition for phantom share vesting for execs due to China factors

## Summary
- Amendment deems performance criteria satisfied for June 15, 2022 vesting date due to extraordinary business circumstances in China.
- President Chris T. Sharng to receive 15,606 phantom shares; CFO Timothy S. Davidson to receive 5,224, subject to time-based vesting.
- Cash payment upon vesting limited to $12.00 per share fair market value.
- Award agreements amended for Sharng, Davidson, and non-employee directors.

## SEC filing metadata
- accession: 0001437749-22-013456
- form_type: 8-K
- ticker: NHTC
- cik: 0000912061
- company_name: NATURAL HEALTH TRENDS CORP
- filed_at: 2022-05-25T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912061/000143774922013456/0001437749-22-013456-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912061/000143774922013456/nhtc20220523_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-013456
- JSON: https://secwatch.observer/filing/0001437749-22-013456.json
- Plain text: https://secwatch.observer/filing/0001437749-22-013456.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.