USANA (USNA) director reports RSU conversion and tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
USANA Health Sciences director Timothy E. Wood reported routine equity compensation activity involving restricted stock units. On April 23, 2026, 1,057 restricted stock units converted into 1,057 shares of common stock, reflecting a derivative exercise with no cash purchase.
On the same date, 264 common shares were disposed of at $19.24 per share as a tax-withholding disposition, meaning shares were delivered to cover tax obligations rather than sold in the open market. Following these transactions, Wood directly held 10,613 shares of USANA common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,057 shares exercised/converted
Mixed
3 txns
Insider
WOOD TIMOTHY E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,057 | $0.00 | -- |
| Exercise | Common Stock | 1,057 | $0.00 | -- |
| Tax Withholding | Common Stock | 264 | $19.24 | $5K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 10,877 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 24, 2025, October 23, 2025, January 22, 2026, and April 23, 2026.
Key Figures
RSU shares exercised: 1,057 shares
Tax-withholding shares: 264 shares
Tax-withholding price: $19.24 per share
+3 more
6 metrics
RSU shares exercised
1,057 shares
Restricted stock units converted to common stock on April 23, 2026
Tax-withholding shares
264 shares
Common shares delivered for tax withholding at $19.24 each
Tax-withholding price
$19.24 per share
Value used for 264-share tax-withholding disposition
Shares held after disposition
10,613 shares
Direct USANA common stock holdings after transactions
Exercise price for RSUs
$0.00 per share
Restricted stock unit conversion recorded with zero exercise price
Exercise transactions count
1 transaction
Single derivative exercise/conversion event in transaction summary
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion
3 terms
Restricted Stock Units financial
"Restricted Stock Units vest 25% on July 24, 2025, October 23, 2025, January 22, 2026, and April 23, 2026."
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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
FAQ
What insider transactions did USANA (USNA) director Timothy Wood report?
Timothy E. Wood reported a routine equity compensation event. 1,057 restricted stock units converted into common shares, and 264 shares were disposed of to cover tax obligations, with no open-market buying or selling activity disclosed in this filing.
What are restricted stock units in the context of USANA (USNA) insider awards?
The footnotes state each restricted stock unit represents a contingent right to receive one share of USANA common stock. These units vest over time according to a schedule, then convert into actual shares when vesting and settlement conditions are satisfied.