Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-29

Nu Skin Enterprises (NUS)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$5,965,206
Ryan Napierski total, FY2025
33rd
CEO pay percentile vs peers
CEO-to-median pay ratio
96.35%
Say-on-pay support, latest vote
Companies that benchmark against NUS
8 companies name NUS as a compensation peer

Each company listed discloses NUS in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named NUS in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Ryan Napierski$1,008,082$0$4,616,823$0$219,250$0$121,050$5,965,206
President and Chief Executive Officer
Chayce Clark584,04101,683,225095,374089,5952,452,235
EVP and General Counsel
James Thomas491,61601,058,030080,574077,7821,708,003
Former EVP and Chief Financial Officer
Steven Hatchett431,6160961,851070,708049,5591,513,735
EVP and Chief Product Officer
Justin Keisel440,5890769,478076,463057,9211,344,451
EVP and President of Global Sales

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Ryan Napierski$5,965,206$5,993,088$5,838,579−27,882
Chayce Clark2,452,2353,463,3892,275,814−1,011,154
James Thomas1,708,0032,512,8561,855,040−804,853
Steven Hatchett1,513,7351,599,3891,414,890−85,654
Justin Keisel1,344,451973,617+370,834

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Chayce ClarkRSU2025-02-26113,196$835,386
Chayce ClarkPSU2025-02-2628,299113,196226,392847,838
Steven HatchettRSU2025-02-2664,684477,368
Steven HatchettPSU2025-02-2616,17164,684129,368484,483
Justin KeiselPSU2025-02-2612,93751,747103,494387,585
Justin KeiselRSU2025-02-2651,747381,893
Ryan NapierskiRSU2025-02-26310,4792,291,335
Ryan NapierskiPSU2025-02-2677,620310,479620,9582,325,488
James ThomasRSU2025-02-2671,152525,102
James ThomasPSU2025-02-2617,78871,152142,304532,929
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Chayce Clark$835,386$847,838$050.4%
Steven Hatchett477,368484,483050.4%
Justin Keisel381,893387,585050.4%
Ryan Napierski2,291,3352,325,488050.4%
James Thomas525,102532,929050.4%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Chayce ClarkOption3,11853.69
Steven HatchettOption5,60230.45
Steven HatchettOption4,87948.81
Justin KeiselOption9,03130.45
Justin KeiselOption71948.81
Ryan NapierskiPSU620,9585,973,616
James ThomasPSU142,3041,368,964
Ryan NapierskiRSU310,4792,986,808
Chayce ClarkPSU226,3922,177,891
Steven HatchettPSU129,3681,244,520
Ryan NapierskiRSU142,1811,367,781
Ryan NapierskiPSU126,3821,215,795
Chayce ClarkRSU113,1961,088,946
Justin KeiselPSU103,494995,612
James ThomasRSU71,152684,482
Chayce ClarkRSU51,837498,672
Steven HatchettRSU64,684622,260
Justin KeiselRSU51,747497,806
Chayce ClarkPSU46,077443,261
James ThomasRSU32,583313,448
Steven HatchettRSU29,622284,964
James ThomasPSU28,962278,614
Ryan NapierskiRSU26,532255,238
Justin KeiselRSU14,441138,922
Steven HatchettPSU26,329253,285
Chayce ClarkRSU9,04487,003
Ryan NapierskiRSU7,90376,027
Justin KeiselPSU8,55782,318
Justin KeiselRSU6,06258,316
Steven HatchettRSU5,12549,303
James ThomasRSU4,66444,868
Ryan NapierskiPSU4,51043,389
James ThomasRSU4,16440,058
James ThomasRSU2,13920,577
Chayce ClarkRSU2,10720,269
Justin KeiselRSU1,85317,826
Chayce ClarkPSU1,53814,791
Steven HatchettRSU1,47514,190
Steven HatchettPSU8718,381
James ThomasPSU6946,676
James ThomasPSU2902,785
Justin KeiselPSU2572,468
Ryan NapierskiOption178,83130.45
Ryan NapierskiOption21,88348.81
James ThomasOption13,82130.45
James ThomasOption2,71048.81
Chayce ClarkOption6,73930.45
Chayce ClarkOption1,43148.81
05

Incentive-plan design — the Compensation Discussion & Analysis

The primary objectives of the executive compensation program are to motivate executives to perform at their highest capability, drive superior stockholder value over the long term, align the financial interests of executives with those of stockholders, and successfully recruit, motivate, and retain experienced and talented executives through competitive compensation arrangements tied to corporate and individual performance.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantSemler Brossy
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-2833,111,4581,255,10137,08296.35%Passed
20252025-05-2930,210,716825,3111,422,14797.34%Passed
20242024-06-0536,992,2571,415,37425,86096.31%Passed
20232023-06-0742,369,023507,95231,44698.82%Passed
20222022-06-0240,463,786396,630152,67499.03%Passed
20212021-06-0237,874,262430,676328,98798.88%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2896.35%a
20252025-05-2997.34%b
20242024-06-0596.31%c

a. Approved under the standard stated in the filing — “Shares not represented in person or by proxy at the Annual Meeting, abstentions and broker non-votes will have no effect on the determination of any of the proposals.”.

b. Approved under the standard stated in the filing — “Shares not represented in person or by proxy at the Annual Meeting, abstentions and broker non-votes will have no effect on the determination of any of the proposals.”.

c. Approved under the standard stated in the filing — “Shares not represented in person or by proxy at the Annual Meeting, abstentions and broker non-votes will have no effect on the determination of any of the proposals.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Daniel W. CampbellIndependent · Lead Independent Director · Audit · Compensation and Human Capital$140,500$145,865$27,992$314,357
Mark A. ZorkoIndependent · Compensation and Human Capital · Nominating and Corporate Governance115,500145,86516,079277,444
Edwina D. WoodburyIndependent · Audit (Chair) · Nominating and Corporate Governance125,000145,865272271,137
Laura NathansonIndependent · Compensation and Human Capital · Nominating and Corporate Governance (Chair)120,000145,865265,865
Emma S. BattleIndependent · Compensation and Human Capital (Chair) · Nominating and Corporate Governance120,000145,865265,865
Thomas R. PisanoIndependent · Audit · Compensation and Human Capital105,000145,865250,865
James M. WinettIndependent · Audit · Nominating and Corporate Governance61,250145,865207,115
Steven J. LundEmployee director · Board Chair0
Ryan S. NapierskiEmployee director0
09

Board fee structure and ownership guideline

Annual cash retainer$85,000
Annual equity retainer$150,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 15,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$787,250
Equity awards (grant-date value)$1,021,055
All other compensation$44,343
Total cost of the board$1,852,648

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Nu Skin Enterprises names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Nu Skin Enterprises.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Edgewell Personal Care Company2025Rod Little$1,100,000$7,576,100$0$907,500$9,754,366
2Sally Beauty Holdings, Inc.2025Denise Paulonis1,229,2316,000,11601,868,4329,112,619
3Spectrum Brands Holdings, Inc.2025David Maura900,0006,750,0040907,2008,757,036
4Sonos, Inc.2025Tom Conrad1,225,0006,073,1930227,1618,275,354
5Olaplex Holdings, Inc.2025Amanda Baldwin1,000,0005,000,0000515,0006,541,537
6Prestige Consumer Healthcare Inc.2026Ronald Lombardi1,003,5644,099,9590850,0006,004,547
7Nu Skin Enterprises2025Ryan Napierski1,008,0824,616,8230219,2505,965,206
8The Hain Celestial Group, Inc.2025Wendy Davidson789,8083,530,682004,546,417
9USANA Health Sciences, Inc.2025Jim Brown821,2313,147,0200339,1684,339,625
10Helen of Troy Limited2026Noel Geoffroy177,0003,800,000039,9824,070,466
Herbalife Ltd.not in coverage universe
Sensient Technologies Corporationnot in coverage universe
Cricut, Inc.not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Nu Skin Enterprisesnot disclosedRSU 50 · PRSU 50not disclosedSemler Brossy
Cricut, Inc.not disclosednot disclosednot disclosednot disclosed
Edgewell Personal Care Company66%not disclosedNoMeridian
Helen of Troy Limited16.3%PSU 50 · RSU 50NoFW Cook
Herbalife Ltd.not disclosednot disclosednot disclosednot disclosed
Olaplex Holdings, Inc.103%RSU 100not disclosedAon
Prestige Consumer Healthcare Inc.68%PSU 75 · RSU 25NoCompensation Advisory Partners (CAP)
Sally Beauty Holdings, Inc.95%PSU 50 · RSU 50Yes — rTSRFW Cook
Sensient Technologies Corporationnot disclosednot disclosednot disclosednot disclosed
Sonos, Inc.91.4%PSU 50 · RSU 50Yes — Relative TSRCompensation Advisory Partners
Spectrum Brands Holdings, Inc.not disclosedPSU 70 · RSU 30NoWTW (Willis Towers Watson)
The Hain Celestial Group, Inc.not disclosedRSU 50 · PSU 50Yes — Relative TSR versus the S&P Food & Beverage Select Industry IndexClearBridge Compensation Group, LLC
USANA Health Sciences, Inc.14.6% of base salary for most NEOs; 41.3% for Jim Brown (CEO); 15% for Brent Neidig (whose bonus excluded the Hiya segment)%not disclosedYes — Positive absolute Total Shareholder Return (TSR)CODA

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Ryan NapierskiDEF 14A2026-04-030001140361-26-013152Section “Executive Compensation Tables and Accompanying Narrative” · page 35. As printed: 5,965,206. Filing ↗machine: r1 · c8 · span 551069–551078
2Section 01, Chayce ClarkDEF 14A2026-04-030001140361-26-013152Section “Executive Compensation Tables and Accompanying Narrative” · page 35. As printed: 2,452,235. Filing ↗machine: r9 · c8 · span 563189–563198
3Section 01, James ThomasDEF 14A2026-04-030001140361-26-013152Section “Executive Compensation Tables and Accompanying Narrative” · page 35. As printed: 1,708,003. Filing ↗machine: r5 · c8 · span 557229–557238
4Section 01, Steven HatchettDEF 14A2026-04-030001140361-26-013152Section “Executive Compensation Tables and Accompanying Narrative” · page 35. As printed: 1,513,735. Filing ↗machine: r13 · c8 · span 569341–569350
5Section 01, Justin KeiselDEF 14A2026-04-030001140361-26-013152Section “Executive Compensation Tables and Accompanying Narrative” · page 35. As printed: 1,344,451. Filing ↗machine: r17 · c8 · span 575329–575338
6Section 03, Chayce Clark RSUDEF 14A2026-04-030001140361-26-013152Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 622405–622412
7Section 03, Chayce Clark PSUDEF 14A2026-04-030001140361-26-013152Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 620711–620718
8Section 03, Steven Hatchett RSUDEF 14A2026-04-030001140361-26-013152Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 627900–627907
9Section 03, Steven Hatchett PSUDEF 14A2026-04-030001140361-26-013152Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 626628–626635
10Section 03, Justin Keisel PSUDEF 14A2026-04-030001140361-26-013152Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 632614–632621
11Section 03, Justin Keisel RSUDEF 14A2026-04-030001140361-26-013152Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 634322–634329
12Section 03, Ryan Napierski RSUDEF 14A2026-04-030001140361-26-013152Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 610483–610492
13Section 03, Ryan Napierski PSUDEF 14A2026-04-030001140361-26-013152Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 608790–608799
14Section 03, James Thomas RSUDEF 14A2026-04-030001140361-26-013152Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 616012–616019
15Section 03, James Thomas PSUDEF 14A2026-04-030001140361-26-013152Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 614722–614729
16Section 08, Daniel W. CampbellDEF 14A2026-04-030001140361-26-013152Section “Director Compensation”. As printed: 314,357. Filing ↗machine: span 300020–300027
17Section 08, Mark A. ZorkoDEF 14A2026-04-030001140361-26-013152Section “Director Compensation”. As printed: 277,444. Filing ↗machine: span 308054–308061
18Section 08, Edwina D. WoodburyDEF 14A2026-04-030001140361-26-013152Section “Director Compensation”. As printed: 271,137. Filing ↗machine: span 306831–306838
19Section 08, Laura NathansonDEF 14A2026-04-030001140361-26-013152Section “Director Compensation”. As printed: 265,865. Filing ↗machine: span 301474–301481
20Section 08, Emma S. BattleDEF 14A2026-04-030001140361-26-013152Section “Director Compensation”. As printed: 265,865. Filing ↗machine: span 298792–298799
21Section 08, Thomas R. PisanoDEF 14A2026-04-030001140361-26-013152Section “Director Compensation”. As printed: 250,865. Filing ↗machine: span 302701–302708
22Section 08, James M. WinettDEF 14A2026-04-030001140361-26-013152Section “Director Compensation”. As printed: 207,115. Filing ↗machine: span 305378–305385
23Section 08, Steven J. LundDEF 14A2026-04-030001140361-26-013152Section “Director Compensation”. As printed: 0. Filing ↗
24Section 08, Ryan S. NapierskiDEF 14A2026-04-030001140361-26-013152Section “Director Compensation”. As printed: 0. Filing ↗
25Section 06, 2026 voteForm 8-K2026-05-290001140361-26-023312Item 5.07 · say-on-pay result. As reported: 96.35% (votes for as printed: 33,111,458). Filing ↗
26Section 06, 2025 voteForm 8-K2025-05-300001140361-25-020939Item 5.07 · say-on-pay result. As reported: 97.34% (votes for as printed: 30,210,716). Filing ↗
27Section 06, 2024 voteForm 8-K2024-06-060001140361-24-029122Item 5.07 · say-on-pay result. As reported: 96.31% (votes for as printed: 36,992,257). Filing ↗
28Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
29Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
30Section 09b board cost (computed)ComputedcomputedCash 787,250 + equity 1,021,055 + all other 44,343 = 1,852,648, summed across the director compensation table rows.machine: formula: Σ = 1,852,648
31Edgewell Personal Care Company, Section 10b CEO totalDEF 14A2025-12-220001104659-25-123567CEO total compensation as printed in Edgewell Personal Care Company's own proxy. As printed: 9,754,366. Filing ↗machine: t89 · r1 · c51 · span 1153139–1153148
32Sally Beauty Holdings, Inc., Section 10b CEO totalDEF 14A2025-12-100001193125-25-313464CEO total compensation as printed in Sally Beauty Holdings, Inc.'s own proxy. As printed: 9,112,619. Filing ↗machine: t140 · r6 · c10 · span 1924400–1924409
33Spectrum Brands Holdings, Inc., Section 10b CEO totalDEF 14A2026-06-260000109177-26-000030CEO total compensation as printed in Spectrum Brands Holdings, Inc.'s own proxy. As printed: 8,757,036. Filing ↗machine: r3 · c45 · span 689937–689946
34Sonos, Inc., Section 10b CEO totalDEF 14A2026-01-220001314727-26-000021CEO total compensation as printed in Sonos, Inc.'s own proxy. As printed: 8,275,354. Filing ↗machine: r2 · c48 · span 699019–699028
35Olaplex Holdings, Inc., Section 10b CEO totalDEF 14A2026-05-290001868726-26-000044CEO total compensation as printed in Olaplex Holdings, Inc.'s own proxy. As printed: 6,541,537. Filing ↗machine: t27 · r3 · c8 · span 629363–629372
36Prestige Consumer Healthcare Inc., Section 10b CEO totalDEF 14A2026-06-290001295947-26-000021CEO total compensation as printed in Prestige Consumer Healthcare Inc.'s own proxy. As printed: 6,004,547. Filing ↗machine: span 1927946–1927955
37Nu Skin Enterprises (subject), Section 10b CEO totalDEF 14A2026-04-030001140361-26-013152CEO total compensation as printed in Nu Skin Enterprises's own proxy. As printed: 5,965,206. Filing ↗machine: r1 · c8 · span 551069–551078
38The Hain Celestial Group, Inc., Section 10b CEO totalDEF 14A2025-09-180001193125-25-207370CEO total compensation as printed in The Hain Celestial Group, Inc.'s own proxy. As printed: 4,546,417. Filing ↗machine: t83 · r14 · c38 · span 1813238–1813247
39USANA Health Sciences, Inc., Section 10b CEO totalDEF 14A2026-04-070000896264-26-000026CEO total compensation as printed in USANA Health Sciences, Inc.'s own proxy. As printed: 4,339,625. Filing ↗machine: span 527796–527806
40Helen of Troy Limited, Section 10b CEO totalDEF 14A2026-06-240000916789-26-000088CEO total compensation as printed in Helen of Troy Limited's own proxy. As printed: 4,070,466. Filing ↗machine: span 888837–888846
41Section 10a, The Hain Celestial Group, Inc. reciprocityDEF 14A0001193125-25-207370The Hain Celestial Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Nu Skin Enterprises. Filing ↗
42Section 10a, Spectrum Brands Holdings, Inc. reciprocityDEF 14A0000109177-26-000030Spectrum Brands Holdings, Inc. names Nu Skin Enterprises in its own disclosed peer group (read from its most recent proxy). Filing ↗
43Section 10a, Helen of Troy Limited reciprocityDEF 14A0000916789-26-000088Helen of Troy Limited names Nu Skin Enterprises in its own disclosed peer group (read from its most recent proxy). Filing ↗
44Section 10a, Prestige Consumer Healthcare Inc. reciprocityDEF 14A0001295947-26-000021Prestige Consumer Healthcare Inc.'s most recent proxy was read; its disclosed peer group does not include Nu Skin Enterprises. Filing ↗
45Section 10a, USANA Health Sciences, Inc. reciprocityDEF 14A0000896264-26-000026USANA Health Sciences, Inc. names Nu Skin Enterprises in its own disclosed peer group (read from its most recent proxy). Filing ↗
46Section 10a, Edgewell Personal Care Company reciprocityDEF 14A0001104659-25-123567Edgewell Personal Care Company names Nu Skin Enterprises in its own disclosed peer group (read from its most recent proxy). Filing ↗