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

· 02/05/2021 14:05

06:56 PM EST, 02/05/2021 (MT Newswires) -- On Feb 03, 2021, Walter Noot, COO, exercised options/derivative securities for 5,463 shares of USANA Health Sciences (USNA) and sold 2,315 shares in the company for $194,218 to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 3,148 company shares. Noot, subsequent to the transactions detailed in the SEC Form 4 filing, owns 3,148 company shares, which have a market value of $268,147 as of the prior-day closing price.

In the 90 days prior to the date of this filing, there have been 14 insider transactions reported to the SEC for USANA Health Sciences. These transactions came from the activities of 8 different insiders that resulted in a net acquisition of 31,648 company shares. In the preceding 90-day window of time, there were 35 transactions from 16 insiders and 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 159.1 transactions per company, and disposition of 89,878 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/896264/000117911021001368/xslF345X03/edgar.xml

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