Form 4: USANA Health Sciences: Officer Peter Benedict Reports Stock Transactions

Peter Benedict, Chief Information Officer of USANA Health Sciences, reports the vesting and subsequent disposal of restricted stock units.

Summary

• Peter Benedict, the Chief Information Officer of USANA Health Sciences, filed a Form 4 detailing changes in beneficial ownership.
• On February 6, 2025, 1,001 restricted stock units vested and were converted into common stock, which were then disposed of to cover tax obligations at a price of $31.21 per share, resulting in 347 shares being disposed of.
• Following these transactions, Benedict directly owns 654 shares of common stock.
• On February 7, 2025, 632 restricted stock units vested and were converted into common stock, which were then disposed of to cover tax obligations at a price of $30.65 per share, resulting in 220 shares being disposed of.
• Following these transactions, Benedict directly owns 1,066 shares of common stock.
• After these transactions, Benedict directly owns 10,941 and 10,309 restricted stock units respectively.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by an officer, with no inherent positive or negative implications for the company's overall outlook.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• Shareholders may be interested in the transactions of company insiders as an indicator of management's confidence in the company.

Key Dates

Keywords

Form 4, USANA Health Sciences, Peter Benedict, Restricted Stock Units, Beneficial Ownership, Stock Transactions, USNA, Officer