USANA (USNA) CSO acquires shares via RSUs, withholds for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
USANA Health Sciences chief scientific officer Kathryn Michelle Armstrong reported equity award activity involving restricted stock units and common stock. She exercised or converted 4,190 restricted stock units into the same number of common shares at a stated price of $0.00 per share.
On the same date, 2,015 common shares were disposed of at $21.52 per share to satisfy tax obligations through share withholding, rather than an open‑market sale. After these transactions, she directly owned 2,823 shares of USANA common stock, and 40,592 restricted stock units remained following the derivative transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,190 shares exercised/converted
Mixed
3 txns
Insider
Armstrong Kathryn Michelle
Role
CHIEF SCIENTIFIC OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,190 | $0.00 | -- |
| Exercise | Common Stock | 4,190 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,015 | $21.52 | $43K |
Holdings After Transaction:
Restricted Stock Units — 40,592 shares (Direct);
Common Stock — 4,838 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 27th, 2025.
FAQ
What did USANA (USNA) executive Kathryn Armstrong report in this Form 4?
Kathryn Armstrong reported exercising 4,190 restricted stock units into common stock and a related tax-withholding share disposition. These transactions reflect routine equity compensation activity rather than open-market buying or selling of USANA shares.
What do the restricted stock unit terms mean for USANA (USNA) in this filing?
Each restricted stock unit equals one potential USANA common share, vesting over time. The filing notes that certain restricted stock units vest 25% on the anniversary of February 27, 2025, linking Armstrong’s potential future share ownership to continued service and the company’s equity compensation structure.