USANA Health Sciences (NYSE: USNA) director converts RSUs into 1,632 common shares
Rhea-AI Filing Summary
Frederic J. Winssinger, a director of USANA Health Sciences, exercised restricted stock units covering 1,632 shares of common stock on July 23, 2026. The conversion transferred RSUs into shares with no reported market sale, resulting in 9,733 common shares held directly and 4,895 restricted stock units remaining outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,632 shares
Net Buy
2 txns
Insider
Winssinger Frederic J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 1,632 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,632 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 4,895 shares (Direct);
Common Stock — 9,733 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 July 23, 2026, October 22, 2026, January 21, 2027, and April 22, 2027.
Key Figures
Restricted Stock Units converted: 1,632 units
Common shares held after transaction: 9,733 shares
Restricted Stock Units outstanding after transaction: 4,895 units
3 metrics
Restricted Stock Units converted
1,632 units
RSUs exercised into common stock on July 23, 2026
Common shares held after transaction
9,733 shares
Direct ownership of USANA Health Sciences common stock following RSU conversion
Restricted Stock Units outstanding after transaction
4,895 units
RSUs remaining in Frederic J. Winssinger’s holdings after the derivative transaction
Key Terms
Restricted Stock Units, contingent right, vest, derivative security
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"
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.
derivative security financial
"transaction code description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Frederic J. Winssinger report at USNA?
Frederic J. Winssinger exercised 1,632 restricted stock units into common stock on July 23, 2026. Following the conversion, he directly held 9,733 USANA shares and 4,895 restricted stock units, with no market sale reported in connection with this event.
What do the restricted stock units reported for USANA (USNA) represent?
Each restricted stock unit represents a contingent right to receive one share of USANA common stock. These RSUs convert into common shares upon vesting, as illustrated by the 1,632-unit exercise, and vest according to a defined schedule over future dates.
Were the USNA insider’s transactions under a Rule 10b5-1 trading plan?
The transactions were not designated as made under a Rule 10b5-1 trading plan. The document-level checkbox for Rule 10b5-1 is marked false, and the related footnotes describe vesting terms rather than any pre-arranged trading arrangement.