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Insider Trends: Insider at USANA Health Sciences Acquires Stock Via Option/Derivative Security Sells Portion to Pay Tax, Buy Trend Intact

· 02/05/2021 14:01

06:53 PM EST, 02/05/2021 (MT Newswires) -- Kevin Guest, C.E.O., exercised options/derivative securities for 13,226 shares of USANA Health Sciences (USNA) and sold 5,643 shares in the company for $473,939 to meet tax obligations on Feb 03, 2021. After accounting for tax obligations this transaction resulted in a net acquisition of 7,583 company shares. Following the Form 4 filing with the SEC, Guest owns 8,604 company shares, with a market value, based on the prior-day closing price, of $732,889.

Over the last 90 days, prior to the date of this filing, there have been 2 insider transactions reported to the SEC for USANA Health Sciences. These transactions came from the activity of one insider that resulted in a net acquisition of 4,916 company shares. In the preceding 90-day window of time, there were 35 transactions from 16 insiders which resulted in the net disposition of 597,077 shares.

This is less than the average level of insider transactions in the 19-company Personal Products peer group over the last 90-day period. Within the peer group activity averaged 158.5 transactions per company, and disposition of 89,952 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/896264/000117911021001361/xslF345X03/edgar.xml

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