LEVY ROBERT enters HERBALIFE LTD. with 449.36K shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Direct Indirect Derivatives

LEVY ROBERT

Filed: 5/12/2025ACC: 0001213900-25-042200

InsiderLEVY ROBERTCIK 1311283

→

IssuerHERBALIFE LTD.CIK 1180262

Officer· President

Since Feb 2026

449.36K

Baseline shares

4% direct

16.31K

Direct ownership

1 position

332.10K

Derivative underlying

5 instruments

Security positions

433.05K indirect

Non-Derivative Holdings2

Common Stock

Direct

Shares owned16.31K

Common Stock

Indirect

Shares owned433.05K

Total

16.31K direct·433.05K indirect449.36K

Security Title	Shares Owned	Ownership Type
Common Stock	16.31K	Direct
Common Stock	433.05K	Indirect
Total	449.36K	16.31K direct·433.05K indirect

Derivative Holdings5

Stock Appreciation Rights

Direct

Underlying security

Common Stock

Underlying shares

98.68K

Shares owned

N/A

Exercise price

9.58

Expiration

—

Exercise window

—

Stock Appreciation Rights

Direct

Underlying security

Common Stock

Underlying shares

63.80K

Shares owned

N/A

Exercise price

8.31

Expiration

—

Exercise window

—

Stock Appreciation Rights

Direct

Underlying security

Common Stock

Underlying shares

45.90K

Shares owned

N/A

Exercise price

28.595

Expiration

—

Exercise window

—

Stock Appreciation Rights

Direct

Underlying security

Common Stock

Underlying shares

80.05K

Shares owned

N/A

Exercise price

13.6

Expiration

—

Exercise window

—

Stock Appreciation Rights

Direct

Underlying security

Common Stock

Underlying shares

43.67K

Shares owned

N/A

Exercise price

31.255

Expiration

—

Exercise window

—

Total

Underlying

332.10K

Owned

0.00

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Appreciation Rights Direct	Common Stock	9.58	—	—	98.68K	N/A
Stock Appreciation Rights Direct	Common Stock	8.31	—	—	63.80K	N/A
Stock Appreciation Rights Direct	Common Stock	28.595	—	—	45.90K	N/A
Stock Appreciation Rights Direct	Common Stock	13.6	—	—	80.05K	N/A
Stock Appreciation Rights Direct	Common Stock	31.255	—	—	43.67K	N/A
Total					332.10K	0.00