Fleming John Turman 4

What Happened

John Turman, a director of USANA Health Sciences (USNA), had 1,058 restricted stock units (RSUs convert/vest) on January 22, 2026. The Form 4 shows an exercise/conversion event for 1,058 shares (acquired) and a simultaneous disposition of 1,058 shares at $0.00. The acquisition is reported as a conversion of derivative securities (code M). The $0.00 disposition typically reflects shares surrendered to satisfy tax withholding rather than a market sale.

Key Details

• Transaction date: 2026-01-22; Form 4 filed: 2026-01-26 (period of report 2026-01-22).
• Reported transactions: 1,058 shares acquired via conversion/exercise; 1,058 shares disposed at $0.00.
• Price / value: Acquisition shown as N/A (conversion); Disposal reported at $0.00 (no cash proceeds).
• Footnotes: F1 — each RSU converts to one share of USNA common stock. F2 — these RSUs vest 25% on 7/24/2025, 10/23/2025, 1/22/2026, and 4/23/2026 (this transaction aligns with the 1/22/2026 vesting).
• Shares owned after transaction: not specified in the filing.
• Transaction codes: M = exercise/conversion of a derivative security. The pattern (acquire + immediate $0.00 disposition) is commonly used to cover tax withholding obligations.

Context

These entries reflect RSU vesting and settlement rather than an open-market purchase or sale; the director did not realize cash proceeds from the reported disposition. Conversions/withholdings tied to RSU vesting are routine and primarily administrative (tax-related), so they don't by themselves signal a change in the insider's view of the company.