Form 4: USANA Health Sciences Director Ding Xia Reports Stock Transactions
SEC Form 4
Director Ding Xia of USANA Health Sciences reports acquisition and disposal of common stock and restricted stock units on November 2, 2024.
Summary
- On November 2, 2024, Ding Xia, a director of USANA Health Sciences, engaged in transactions involving the company's stock.
- These transactions included the acquisition of 675 shares of common stock through the vesting of restricted stock units.
- Simultaneously, 169 shares were disposed of at a price of $37.29.
- Following these transactions, Ding Xia directly owns 3,534 shares of USANA common stock and 1,348 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the buying and selling activities of company directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly altering the ownership structure.
- The transactions do not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 08/02/2024 | 25% of Restricted Stock Units vest |
| 11/02/2024 | Earliest transaction date; Restricted Stock Units vest; Common Stock acquired and disposed |
| 02/02/2025 | 25% of Restricted Stock Units vest |
| 05/02/2025 | 25% of Restricted Stock Units vest |
| 11/05/2024 | Date of signature by Attorney-in-Fact |
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