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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 14:04

06:55 PM EST, 02/05/2021 (MT Newswires) -- Daniel A Macuga, Chief Communications Officer, exercised options/derivative securities for 5,313 shares of USANA Health Sciences (USNA) and sold 2,253 shares in the company for $189,072 to meet tax obligations on Feb 03, 2021. After accounting for tax obligations this transaction resulted in a net acquisition of 3,060 company shares. Macuga, after the transactions outlined in the SEC Form 4 filing, owns 3,427 shares of the company, with a market value, based on the prior-day closing price, of $291,912.

During the most recent 90-day period, previous to the date of this filing, there have been 9 insider transactions reported to the SEC for USANA Health Sciences. These transactions came from the activities of 5 different insiders that resulted in a net acquisition of 22,543 company shares. In the preceding 90-day window of time, there were 35 transactions from 16 insiders that resulted in the net disposition of 597,077 shares.

This level of insider transactions is lower than the peer group average in the 19-company Personal Products peer group over the last 90-day period. Activity in the peer group averaged 158.8 transactions per company, and disposition of 89,903 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/896264/000117911021001364/xslF345X03/edgar.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.