Form 4: USANA Director Peggie Pelosi Reports Stock Transactions
SEC Form 4 Filing
Peggie Pelosi, a director at USANA Health Sciences, reported the vesting and subsequent disposal of restricted stock units on April 24, 2024.
Summary
- On April 24, 2024, Peggie Pelosi, a director of USANA Health Sciences Inc., reported transactions involving the company's common stock.
- Pelosi vested 490 restricted stock units, each representing a contingent right to receive one share of USNA common stock.
- These restricted stock units vested in four equal installments: July 24, 2023, October 24, 2023, January 24, 2024, and April 24, 2024.
- Following the vesting, Pelosi disposed of 281 shares to cover tax obligations at a price of $43.7 per share.
- After these transactions, Pelosi directly owns 3,347 shares of USANA common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company director, with no inherent positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies. These transactions are closely monitored by investors for insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| July 24, 2023 | 25% of restricted stock units vested |
| October 24, 2023 | 25% of restricted stock units vested |
| January 24, 2024 | 25% of restricted stock units vested |
| April 24, 2024 | 25% of restricted stock units vested; 490 restricted stock units vested; 281 shares disposed of to cover tax obligations |
| April 25, 2024 | Date of signature for the Form 4 filing |
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