Form 4: USANA Director Frederic Winssinger Converts Restricted Stock Units to Common Shares
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
| Date | Description |
|---|---|
| 07/24/2025 | Date of earliest transaction, conversion of Restricted Stock Units to Common Stock. |
| 07/28/2025 | Signature date of the filing by Attorney-in-Fact Joshua Foukas. |
| 10/23/2025 | Vesting date for 25% of remaining Restricted Stock Units. |
| 01/22/2026 | Vesting date for 25% of remaining Restricted Stock Units. |
| 04/23/2026 | Vesting 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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