Charity Isely - 31 Oct 2025 Form 4 Insider Report for Natural Grocers by Vitamin Cottage, Inc. (NGVC)

Reporting relationship: 13D Group Member
Issuer ticker: NGVC
Reported as of: 31 Oct 2025
Net transaction value: -$19,029
SEC form: 4
Accepted by SEC: 04 Nov 2025, 18:00:18 UTC
Prior SEC filing: 12 Dec 2024
Next SEC filing: 02 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Kemper Isely, by Power of Attorney

Key filing fact

Charity Isely filed Form 4 for Natural Grocers by Vitamin Cottage, Inc. (NGVC) on 04 Nov 2025.

Key facts

This page summarizes Charity Isely's Form 4 filing for Natural Grocers by Vitamin Cottage, Inc. (NGVC).
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 04 Nov 2025, 18:00.

Change

Previous filing in this sequence was filed on 12 Dec 2024.
Current net transaction value: -$19,029.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001554582 Primary reporting owner

Isely Charity

Relationship: 13D Group Member
Address: C/O NATURAL GROCERS BY VITAMIN COTTAGE, 12612 WEST ALAMEDA PARKWAY, LAKEWOOD
Signature: /s/ Kemper Isely, by Power of Attorney
Signature date: 04 Nov 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NGVC transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +2,000
Change %: +16%
Price: $0.000000
Shares after: 14,290
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F1

NGVC transaction

Common Stock

Tax liability

Transaction value: $19,029
Shares: -593
Change %: -4.1%
Price: $32.09
Shares after: 13,697
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NGVC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: +1,167
Change %: +21%
Price: $0.000000
Shares after: 6,667
Date: 31 Oct 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,167
Exercise price: $0.000000
Footnotes: F3, F4

NGVC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -2,000
Change %: -30%
Price: $0.000000
Shares after: 4,667
Date: 03 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,000
Exercise price: $0.000000
Footnotes: F3, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents shares of NGVC common stock issued to the reporting person upon the vesting of 2,000 restricted stock units ("RSUs") on November 3, 2025, where each RSU represented the economic equivalent of one share of NGVC common stock.

Footnote F2

Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of on this line were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of the RSUs.

Footnote F3

Each RSU represents the economic equivalent of one share of NGVC common stock.

Footnote F4

These RSUs will vest in full on October 31, 2028.

Footnote F5

In addition to the transactions reported in this Form 4, includes (a) 2,000 RSUs vesting on October 31, 2026; and (b) 1,500 RSUs vesting on October 31, 2027.

SEC remarks

The Reporting Person is a party to a Stockholders Agreement that contains voting agreements and thus is a member of a Schedule 13D group that beneficially owns more than 10% of the issuer's common stock. The number of shares identified as beneficially owned by the Reporting Person excludes shares of Common Stock deemed to be beneficially owned by her solely because of this Stockholders Agreement.