USANA Health Sciences (USNA) CCO nets shares after RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
USANA Health Sciences chief commercial officer Brent Neidig reported equity award activity involving restricted stock units and common shares. He exercised 6,747 restricted stock units, each representing a right to receive one USANA common share, and acquired 6,747 common shares at no cash price. On the same date, 2,993 common shares were withheld at $21.52 per share to satisfy tax obligations related to the award, leaving him with 7,513 directly owned common shares and 67,447 restricted stock units. The restricted stock units vest 25% on the anniversary of February 27, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,747 shares exercised/converted
Mixed
3 txns
Insider
Neidig Brent
Role
CHIEF COMMERCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,747 | $0.00 | -- |
| Exercise | Common Stock | 6,747 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,993 | $21.52 | $64K |
Holdings After Transaction:
Restricted Stock Units — 67,447 shares (Direct);
Common Stock — 10,506 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 insider transactions did USANA (USNA) executive Brent Neidig report?
Brent Neidig reported exercising 6,747 restricted stock units into an equal number of USANA common shares and a related tax-withholding share disposition. These transactions reflect equity compensation activity rather than open-market buying or selling.
How do USANA (USNA) restricted stock units reported by Neidig vest?
The restricted stock units vest 25% on the anniversary of February 27, 2025, according to the filing footnotes. Each vested unit entitles Neidig to receive one share of USANA common stock upon settlement, subject to plan terms.
Were Neidig’s USANA (USNA) transactions open-market purchases or sales?
The filing shows an RSU exercise and a tax-withholding disposition, not open-market trades. Shares were acquired by converting restricted stock units and a portion was withheld to satisfy tax liabilities at a specified share price.