USANA (USNA) CLO converts RSUs and disposes stock at $21.34
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
USANA Health Sciences’ chief legal officer, Joshua Foukas, reported multiple equity compensation transactions. On February 6–8, 2026, restricted stock units (RSUs) covering 3,111, 1,571, and 3,597 units were converted into the same number of USANA common shares at an exercise price of $0 per share.
Across the same dates, Foukas disposed of 1,483, 749, and 1,586 common shares at $21.34 per share. Following these transactions, he directly held 4,461 common shares and 36,608 RSUs. Each RSU represents a right to one share and vests 25% annually on specified February anniversaries.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,279 shares exercised/converted
Mixed
9 txns
Insider
Foukas Joshua
Role
CHIEF LEGAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,597 | $0.00 | -- |
| Exercise | Common Stock | 3,597 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,586 | $21.34 | $34K |
| Exercise | Restricted Stock Units | 1,571 | $0.00 | -- |
| Exercise | Common Stock | 1,571 | $0.00 | -- |
| Tax Withholding | Common Stock | 749 | $21.34 | $16K |
| Exercise | Restricted Stock Units | 3,111 | $0.00 | -- |
| Exercise | Common Stock | 3,111 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,483 | $21.34 | $32K |
Holdings After Transaction:
Restricted Stock Units — 36,608 shares (Direct);
Common Stock — 6,047 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of USNA common stock. Restricted Stock Units vest 25% on the anniversary of February 6th, 2023. Restricted Stock Units vest 25% on the anniversary of February 7th, 2022. Restricted Stock Units vest 25% on the anniversary of February 8th, 2024.
FAQ
What insider transactions did USANA (USNA) chief legal officer Joshua Foukas report?
Joshua Foukas reported conversions of restricted stock units into common stock and related share disposals. Between February 6–8, 2026, RSUs totaling 3,111, 1,571, and 3,597 units became shares, and 1,483, 749, and 1,586 common shares were disposed of at $21.34 per share.
How do the USANA (USNA) restricted stock units held by Joshua Foukas vest?
Each restricted stock unit represents a contingent right to receive one USANA common share. The filing states that separate RSU grants vest 25% annually on the anniversaries of February 6, 2023, February 7, 2022, and February 8, 2024, creating staggered vesting over multiple years.
What is the role of the insider reporting these USANA (USNA) transactions?
The reporting person, Joshua Foukas, serves as USANA Health Sciences’ chief legal officer. His Form 4 shows direct ownership of both common stock and restricted stock units, reflecting equity-based compensation typical for senior executives with ongoing vesting and conversion activity.