Form 4: USANA Health Sciences CEO Jim Brown Reports Stock Transactions
SEC Form 4
USANA Health Sciences CEO Jim Brown reports the acquisition and disposal of common stock and restricted stock units on July 24, 2024.
Summary
- On July 24, 2024, Jim Brown, CEO & President of USANA Health Sciences Inc., reported transactions involving the company's stock.
- Brown acquired 2,190 shares of common stock through the vesting of restricted stock units.
- He also disposed of 9,679 shares of common stock.
- Additionally, 972 shares were disposed of at a price of $44.49.
- Following these transactions, Brown directly owns 8,707 shares of USANA Health Sciences Inc.
- Brown also owns 74,770 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine disclosure of insider trading activity. It doesn't inherently indicate positive or negative sentiment, but rather provides information for investors to interpret.
Industry Context
This is a standard Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the transactions of key personnel.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of the company's CEO.
Key Dates
| Date | Description |
|---|---|
| 07/24/2024 | Date of earliest transaction: Acquisition and disposal of USANA Health Sciences Inc. stock and vesting of restricted stock units. |
| 07/24/2024 | 25% of restricted stock units vest. |
| 07/25/2024 | Date of signature for the report. |
| 07/24/2025 | 25% of restricted stock units vest. |
| 07/24/2026 | 25% of restricted stock units vest. |
| 07/24/2027 | 25% of restricted stock units vest. |
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