USANA CCO exercises 6,747 RSUs, shares withheld
USANA Health Sciences chief commercial officer Brent Neidig reported equity award activity involving restricted stock units and common shares.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,747 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,747 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,993 | $21.52 | $64K |
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 the Anniversary of February 27th, 2025.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did USANA (USNA) executive Brent Neidig report?
How do USANA (USNA) restricted stock units reported by Neidig vest?
Were Neidig’s USANA (USNA) transactions open-market purchases or sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.