Director Robert Toth Reports 5.1% Stake in Mannatech Inc via Equity Grant
Robert Toth, a Director of Mannatech, Inc. (MTEX), filed a Schedule 13D on April 24, 2026, reporting a new 5.1% ownership stake in the company. The filing indicates that Toth acquired 99,254 shares of Common Stock as of January 2, 2026. These shares were obtained through an unrestricted stock grant awarded as part of the Issuer's director compensation arrangements, meaning no cash consideration was paid for the acquisition. Toth maintains sole voting and dispositive power over all 99,254 shares. The shares are held for investment purposes and as part of equity compensation. While the reporting person currently has no specific plans for major corporate changes or transactions, he may engage in discussions with management and the Board regarding the company's business operations and governance. This filing marks a significant increase from a previous 0% ownership position, crossing the 5% beneficial ownership threshold required for Schedule 13D reporting.