Form 4: USANA Health Sciences CEO Jim Brown Reports Stock Transactions
SEC Form 4
CEO Jim Brown reports exercising stock options and selling shares of USANA Health Sciences in early February 2025.
Summary
- On February 6th and 7th, 2025, Jim Brown, CEO and President of USANA Health Sciences, engaged in transactions involving the company's common stock and restricted stock units.
- On February 6th, 4,263 restricted stock units were converted into common stock, and 1,891 shares were sold at a price of $31.21.
- On February 7th, 2,693 restricted stock units were converted into common stock, and 1,195 shares were sold at a price of $30.65.
- Following these transactions, Brown directly owns 12,577 shares of USANA Health Sciences common stock and 67,814 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider trading activity. It's common for executives to exercise stock options and sell shares for personal financial management.
Key Dates
| Date | Description |
|---|---|
| 02/07/2022 | Anniversary date for 25% vesting of restricted stock units. |
| 02/06/2023 | Anniversary date for 25% vesting of restricted stock units. |
| 02/06/2025 | Date of stock transactions: conversion of 4,263 restricted stock units and sale of 1,891 shares at $31.21. |
| 02/07/2025 | Date of stock transactions: conversion of 2,693 restricted stock units and sale of 1,195 shares at $30.65. |
| 02/10/2025 | Date of signature by Attorney-in-Fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.