SPY383.63+6.93 1.84%
DIA315.24+5.66 1.83%
IXIC12,920.15+196.68 1.55%

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

· 02/05/2021 14:05

06:55 PM EST, 02/05/2021 (MT Newswires) -- On Feb 03, 2021, Brent Neidig, Chief Officer & Md of China, exercised options/derivative securities for 3,393 shares of USANA Health Sciences (USNA) and sold 1,506 shares in the company for $125,919 to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 1,887 company shares. Neidig, subsequent to the transactions disclosed in the SEC Form 4 filing, has 1,887 shares of the company, which have a market value of $160,735 as of the prior-day closing price.

Over the last 90 days, prior to the date of this filing, there have been 12 insider transactions reported to the SEC for USANA Health Sciences. These transactions came from the activities of 7 individual insiders that resulted in a net acquisition of 29,761 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 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. Peer group activity averaged 159.0 transactions per company, and disposition of 89,883 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/896264/000117911021001366/xslF345X03/edgar.xml

[Disclaimer]
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.