Form 4: Myron Wentz, Director and 10% Owner of USANA Health Sciences, Disposes of Shares

Myron Wentz, a director and 10% owner of USANA Health Sciences, indirectly disposed of 3,700 shares of common stock through Gull Global Limited on June 7, 2024.

Summary

• This Form 4 filing reports a change in beneficial ownership of USANA Health Sciences Inc. (USNA) stock by Myron W. Wentz.
• On June 7, 2024, Wentz indirectly disposed of 3,700 shares of common stock at a price of $48.61 per share.
• The transaction was executed through Gull Global Limited, an entity wholly indirectly owned and controlled by Dr. Wentz.
• Following the transaction, Wentz indirectly beneficially owns 7,880,043 shares through Gull Global Limited.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but the disposal of shares could be interpreted neutrally or slightly negatively depending on the context.

Industry Context

Form 4 filings are a routine part of insider trading activity and are closely watched by investors for signals about a company's prospects. This sale represents a small fraction of Wentz's overall holdings.

Stakeholder Impact

• The disposal of shares by a major shareholder could have a minor impact on shareholder confidence.

Key Dates