Insider Trends: Insider Acquires USANA Health Sciences Stock Via Option/Derivative Security, Sells Part to Pay Tax, Trend of Selling Intact
06:52 PM EST, 02/05/2021 (MT Newswires) -- On Feb 03, 2021, Jim Brown, President, exercised options/derivative securities for 8,836 shares of USANA Health Sciences (USNA) and sold 3,920 shares in the company for $328,934 to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 4,916 company shares. Brown, subsequent to the transactions disclosed in the SEC Form 4 filing, owns 5,475 company shares, with a market value, based on the prior-day closing price, of $466,360.
This is the only insider transaction for the company in the last 90 days. This compares with the preceding 90-day window of time where there were 35 transactions from 16 insiders which resulted in the net disposition of 597,077 shares.
This level of transactions is below that of the peer group average in the 19-company Personal Products peer group over the last 90-day period. Within the peer group activity averaged 158.4 transactions per company, and disposition of 89,965 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/896264/000117911021001359/xslF345X03/edgar.xml
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