Form 4: USANA Director Frederic Winssinger Converts Restricted Stock Units to Common Shares

Sentiment:

Insider Transaction Report


USANA Health Sciences Inc. Director Frederic J. Winssinger acquired 1,058 shares of common stock through the conversion of restricted stock units, increasing his direct beneficial ownership.

Summary

  • Frederic J. Winssinger, a Director of USANA Health Sciences Inc. (USNA), acquired 1,058 shares of common stock.
  • This acquisition occurred on July 24, 2025, through the exercise or conversion of derivative securities, specifically Restricted Stock Units (RSUs).
  • Each restricted stock unit represents a contingent right to receive one share of USNA common stock.
  • Following this transaction, Mr. Winssinger directly beneficially owns 6,929 shares of common stock.
  • He also continues to hold 3,172 Restricted Stock Units.
  • The remaining Restricted Stock Units are scheduled to vest in 25% increments on October 23, 2025, January 22, 2026, and April 23, 2026.

Sentiment

Score: 7

Explanation: The conversion of restricted stock units into common stock by a director indicates the vesting of equity compensation, aligning the director's interests with shareholders. It is a routine compensation event and not a direct market purchase, but it increases the director's direct stake in the company.

Positives

  • A Director converting restricted stock units to common stock indicates continued alignment of interests with shareholders.
  • The increase in direct beneficial ownership of common stock by a director.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

  • Shareholders: Increased alignment of a director's interests with shareholders due to increased direct stock ownership.

Next Steps

  • Remaining Restricted Stock Units will vest in 25% increments on October 23, 2025, January 22, 2026, and April 23, 2026.

Key Dates

DateDescription
07/24/2025Date of earliest transaction, conversion of Restricted Stock Units to Common Stock.
07/28/2025Signature date of the filing by Attorney-in-Fact Joshua Foukas.
10/23/2025Vesting date for 25% of remaining Restricted Stock Units.
01/22/2026Vesting date for 25% of remaining Restricted Stock Units.
04/23/2026Vesting date for 25% of remaining Restricted Stock Units.

Keywords

USANA Health Sciences, USNA, Form 4, Insider Transaction, Restricted Stock Units, RSU conversion, Director stock ownership, Equity compensation, Beneficial ownership

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