USANA Health Sciences (NYSE: USNA) CIO converts RSUs, withholds stock to cover obligations
Rhea-AI Filing Summary
USANA Health Sciences chief information officer Peter Benedict reported equity compensation activity on July 25, 2026. A derivative transaction converted 598 restricted stock units into 598 shares of common stock, and a related Form F transaction withheld 176 common shares at $21.32 per share as payment of exercise price or tax liability. Following the derivative transaction, 38,004 restricted stock units remain outstanding, and each restricted stock unit represents a contingent right to receive one share of USANA common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 422 shares
Net Buy
3 txns
Insider
Benedict Peter
Role
CHIEF INFORMATION OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 598 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 598 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 176 | $21.32 | $4K |
Holdings After Transaction:
Restricted Stock Units — 38,004 shares (Direct);
Common Stock — 422 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of USNA common stock.
- F2. Restricted Stock Units vest 25% on the Anniversary of July 25th, 2024.
Key Figures
Restricted stock units converted: 598 units
Common shares acquired: 598 shares
Shares withheld: 176 shares
+2 more
5 metrics
Restricted stock units converted
598 units
Derivative transaction converting RSUs into common stock on July 25, 2026
Common shares acquired
598 shares
Non-derivative transaction from exercise or conversion of derivative security
Shares withheld
176 shares
Common stock withheld as payment of exercise price or tax liability
Withholding price
$21.32 per share
Price used for common shares withheld in code F transaction
Restricted stock units remaining
38,004 units
Derivative holding after the RSU conversion transaction
Key Terms
Restricted Stock Units, Exercise or conversion of derivative security, Payment of exercise price or tax liability
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of USNA common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Payment of exercise price or tax liability financial
"transaction_code_description: Payment of exercise price or tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did USANA (USNA) report for Peter Benedict?
USANA reported that chief information officer Peter Benedict converted 598 restricted stock units into 598 shares of common stock on July 25, 2026, as part of his equity compensation, with a portion of the resulting shares withheld to cover obligations.
How many restricted stock units does the USANA (USNA) CIO still hold after this transaction?
After the reported derivative transaction, chief information officer Peter Benedict holds 38,004 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of USANA common stock, subject to vesting conditions.
What does each restricted stock unit represent in the USANA (USNA) Form 4?
Each restricted stock unit reported in the Form 4 represents a contingent right to receive one share of USANA common stock, meaning actual shares are delivered only when the units vest under the grant’s terms.
What is the vesting schedule mentioned for USANA (USNA) restricted stock units?
The footnotes state that the restricted stock units vest 25% on the anniversary of July 25, 2024. This indicates the award vests in increments, with at least one-quarter vesting on that specified anniversary date.
Were the USANA (USNA) insider transactions made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmed, indicating these transactions were not designated in the form as being executed under a Rule 10b5-1 trading plan.