---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-028466"
form_type: "8-K"
ticker: "NAII"
cik: "0000787253"
company_name: "NATURAL ALTERNATIVES INTERNATIONAL INC"
filed_at: "2022-12-06T23:59:59+00:00"
generated_at: "2026-06-21T09:16:01.878706+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# NAI Board authorizes additional $1M share buyback; total program now $19M

## Summary
- Board authorized $1.0M increase to stock repurchase plan, bringing total authorized to $19.0M.
- Approximately $1.2M remains available; 2.1M shares already repurchased under the plan.
- CEO cites stock trading below fair value; new Carlsbad facility expected operational early 2023.

## SEC filing metadata
- accession: 0001437749-22-028466
- form_type: 8-K
- ticker: NAII
- cik: 0000787253
- company_name: NATURAL ALTERNATIVES INTERNATIONAL INC
- filed_at: 2022-12-06T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/787253/000143774922028466/0001437749-22-028466-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/787253/000143774922028466/naii20221205_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-028466
- JSON: https://secwatch.observer/filing/0001437749-22-028466.json
- Plain text: https://secwatch.observer/filing/0001437749-22-028466.txt

## Key facts
- Shareholder Votes
  NATURAL ALTERNATIVES INTERNATIONAL INC shareholders approved Election of one Class II director to serve until the next annual meeting of stockholders held to elect Class II directors and until such director's successor is elected and qualified at the 2022-12-02 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2022-12-02
  source text: Election of one Class II director to serve until the next annual meeting of stockholders held to elect Class II directors and until such director's successor is elected and qualified: Alan G Dunn 3,040,433 210,045 — — 1,315,687
  evidence_url: https://www.sec.gov/Archives/edgar/data/787253/000143774922028466/0001437749-22-028466-index.htm
- Shareholder Votes
  NATURAL ALTERNATIVES INTERNATIONAL INC shareholders approved To approve, on an advisory, non-binding basis, the compensation of the Company's named executive officers at the 2022-12-02 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2022-12-02
  source text: To approve, on an advisory, non-binding basis, the compensation of the Company's named executive officers 3,035,687 — 120,515 94,286 1,315,687
  evidence_url: https://www.sec.gov/Archives/edgar/data/787253/000143774922028466/0001437749-22-028466-index.htm
- Shareholder Votes
  NATURAL ALTERNATIVES INTERNATIONAL INC shareholders approved An advisory, non-binding vote regarding the frequency of voting by the stockholders on the executive compensation of the Company's executive officers at the 2022-12-02 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2022-12-02
  source text: An advisory, non-binding vote regarding the frequency of voting by the stockholders on the executive compensation of the Company's executive officers 28,767 1,315,687 One year 1,329,245 — — Two years 10,310 — — Three years 1,882,166 — —
  evidence_url: https://www.sec.gov/Archives/edgar/data/787253/000143774922028466/0001437749-22-028466-index.htm
- Shareholder Votes
  NATURAL ALTERNATIVES INTERNATIONAL INC shareholders approved Ratification of the selection of Haskell & White LLP as our independent registered public accounting firm for the fiscal year ending June 30, 2023 at the 2022-12-02 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2022-12-02
  source text: Ratification of the selection of Haskell & White LLP as our independent registered public accounting firm for the fiscal year ending June 30, 2023 4,555,840 — 8,207 2,128 —
  evidence_url: https://www.sec.gov/Archives/edgar/data/787253/000143774922028466/0001437749-22-028466-index.htm

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