---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-021778"
form_type: "8-K"
ticker: "NHTC"
cik: "0000912061"
company_name: "NATURAL HEALTH TRENDS CORP"
filed_at: "2022-09-02T23:59:59+00:00"
generated_at: "2026-06-23T17:05:52.722868+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Natural Health Trends waives performance criteria; 20,830 phantom shares to vest for President and CFO

## Summary
- Compensation Committee amended Phantom Share Agreements for President Chris T. Sharng and CFO Timothy S. Davidson.
- Performance criteria deemed satisfied for Sept. 15, 2022 vesting due to extraordinary business conditions in China.
- 15,606 phantom shares to vest for Sharng and 5,224 for Davidson (subject to continued employment).
- Grantees receive cash payment equal to stock fair market value, capped at $12.00 per share.

## SEC filing metadata
- accession: 0001437749-22-021778
- form_type: 8-K
- ticker: NHTC
- cik: 0000912061
- company_name: NATURAL HEALTH TRENDS CORP
- filed_at: 2022-09-02T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912061/000143774922021778/0001437749-22-021778-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912061/000143774922021778/nhtc20220830_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-021778
- JSON: https://secwatch.observer/filing/0001437749-22-021778.json
- Plain text: https://secwatch.observer/filing/0001437749-22-021778.txt

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