USANA (USNA) CLO receives 6,577 RSU shares, 2,786 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
USANA Health Sciences chief legal officer Joshua Foukas reported equity compensation activity tied to restricted stock units. On February 27, 2026, 6,577 restricted stock units were exercised into 6,577 shares of common stock at $0.00 per share, reflecting a vesting event rather than an open‑market purchase. On the same date, 2,786 shares of common stock were disposed of at $21.52 per share to satisfy tax obligations through share withholding, not a market sale. Following these transactions, Foukas directly held 3,791 shares of common stock and 66,693 restricted stock units, each representing a contingent right to receive one share of USANA common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,577 shares exercised/converted
Mixed
3 txns
Insider
Foukas Joshua
Role
CHIEF LEGAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,577 | $0.00 | -- |
| Exercise | Common Stock | 6,577 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,786 | $21.52 | $60K |
Holdings After Transaction:
Restricted Stock Units — 66,693 shares (Direct);
Common Stock — 6,577 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) report for Joshua Foukas?
USANA reported that chief legal officer Joshua Foukas exercised 6,577 restricted stock units into common shares and had 2,786 shares withheld to cover taxes. These are compensation-related transactions, not open-market buys or sells.
What are restricted stock units in the USANA (USNA) Form 4 filing?
Each USANA restricted stock unit (RSU) represents a contingent right to receive one share of USANA common stock. In this filing, 6,577 RSUs converted into common shares as part of equity compensation for chief legal officer Joshua Foukas.
How do the USANA (USNA) RSUs for Joshua Foukas vest?
The filing notes that certain restricted stock units vest 25% on the anniversary of February 27, 2025. This schedule governs when portions of the RSU award convert into USANA common shares for the reporting officer.