USANA (USNA) director J Scott Nixon awarded 6,527 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nixon J Scott reported acquisition or exercise transactions in this Form 4 filing.
USANA Health Sciences director J Scott Nixon received a grant of 6,527 restricted stock units. Each unit represents a contingent right to receive one share of USANA common stock. The restricted stock units vest 25% on July 23, 2026, October 22, 2026, January 21, 2027, and April 22, 2027. Following this award, Nixon holds 6,527 restricted stock units directly, reflecting a routine equity-based compensation grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nixon J Scott
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 6,527 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 6,527 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of USNA common stock. Restricted Stock Units vest 25% on July 23, 2026, October 22, 2026, January 21, 2027, and April 22, 2027.
Key Figures
RSUs granted: 6,527 units
Shares per RSU: 1 share per unit
Post-award RSU holdings: 6,527 units
+4 more
7 metrics
RSUs granted
6,527 units
Restricted stock unit award to director J Scott Nixon
Shares per RSU
1 share per unit
Each unit represents one share of USANA common stock
Post-award RSU holdings
6,527 units
Total restricted stock units following the transaction
First vesting tranche
25%
Vests on July 23, 2026
Second vesting tranche
25%
Vests on October 22, 2026
Third vesting tranche
25%
Vests on January 21, 2027
Fourth vesting tranche
25%
Vests on April 22, 2027
Key Terms
Restricted Stock Units, contingent right, vest, Common Stock
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
contingent right financial
"represents a contingent right to receive one share of USNA common stock"
vest financial
"Restricted Stock Units vest 25% on July 23, 2026, October 22, 2026, January 21, 2027, and April 22, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Common Stock financial
"one share of USNA common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did USANA (USNA) director J Scott Nixon report?
Director J Scott Nixon reported receiving 6,527 restricted stock units in USANA. These units are a stock-based award that can convert into common shares over time, subject to the specified vesting schedule and continued service conditions.
How many USANA (USNA) restricted stock units were granted to J Scott Nixon?
J Scott Nixon was granted 6,527 restricted stock units of USANA. Each unit represents a contingent right to receive one share of common stock, providing equity exposure through a time-based vesting schedule rather than an immediate cash transaction.
What is the vesting schedule for J Scott Nixon’s USANA (USNA) restricted stock units?
The 6,527 restricted stock units vest in four equal 25% installments. Vesting dates are July 23, 2026, October 22, 2026, January 21, 2027, and April 22, 2027, tying the award to Nixon’s continued service over this multi-year period.
Does J Scott Nixon’s Form 4 for USANA (USNA) show a stock purchase or sale?
The Form 4 shows an award of restricted stock units, not an open-market purchase or sale. The transaction is coded as a grant or other acquisition, reflecting routine equity compensation rather than a discretionary trade in USANA shares.
How many USANA (USNA) restricted stock units does J Scott Nixon hold after this award?
After this award, J Scott Nixon holds 6,527 restricted stock units directly. These units can settle into an equal number of USANA common shares over time as they vest on the scheduled dates, assuming applicable conditions are satisfied.