Form 4: USANA Director Myron Wentz Gifts 145,000 Shares
Insider Transaction Report
USANA Health Sciences Director and 10% owner Myron W. Wentz gifted 145,000 shares of common stock through Gull Global Limited.
Summary
- Myron W. Wentz, a Director and 10% owner of USANA Health Sciences Inc. (USNA), reported a disposition of common stock.
- The transaction involved 145,000 shares of Common Stock, executed as a gift (Transaction Code 'G').
- The shares were disposed of on September 3, 2025, at a price of $0 per share.
- Following this transaction, 7,408,345 shares of Common Stock are beneficially owned indirectly by Gull Global Limited.
- Gull Global Limited is wholly indirectly owned and controlled by Dr. Myron W. Wentz, with direct ownership split between Viron Company Limited and Myogen Limited, both also wholly indirectly owned and controlled by Dr. Wentz.
Sentiment
Score: 5
Explanation: The filing reports a gift of shares by a significant insider, which is a neutral event for the company's operational performance or future prospects.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive landscape analysis.
Related Party Transactions
- The disposition of 145,000 shares of Common Stock was made by Gull Global Limited, an entity wholly indirectly owned and controlled by Dr. Myron W. Wentz, who is also a Director and 10% owner of USANA Health Sciences Inc.
Stakeholder Impact
- Shareholders: A gift of shares by a significant insider is generally a neutral event and does not directly impact the company's operational performance or financial health. It represents a transfer of ownership without a market sale.
- Employees, Customers, Suppliers, Creditors: No direct impact is indicated by this insider transaction report.
Key Dates
| Date | Description |
|---|---|
| 09/03/2025 | Date of earliest transaction (disposition of common stock). |
| 09/05/2025 | Date of signature by Valarie A. Hing, Attorney-in-Fact for Myron W. Wentz and Gull Global Limited. |
Recommendation
holdThe filing reports a gift of shares by a significant insider, which is a neutral event for the company's operational performance or future prospects. It does not warrant a change in investment thesis or a strong buy/sell recommendation.
Keywords
USANA Health Sciences, USNA, Myron W. Wentz, Insider Transaction, Form 4, Stock Gift, Beneficial Ownership, Director, 10% Owner
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