FULLER GILBERT A 4
Research Summary
AI-generated summary
USANA (USNA) Director Gilbert A. Fuller Sells 1,057 Shares
What Happened
Gilbert A. Fuller, a director of USANA Health Sciences (USNA), sold 1,057 shares in an open-market transaction on May 22, 2026. The reported proceeds were $19,729; the transaction was reported at an average price of $18.6648 (filing lists $18.66) with individual trade prices ranging $18.62–$18.775. This was a sale (code S), which is often routine insider selling rather than a direct bullish signal.
Key Details
- Transaction date: May 22, 2026 (reported on Form 4 filed May 26, 2026)
- Shares sold: 1,057 at a weighted average price of $18.6648 (price range $18.62–$18.775)
- Total proceeds: ~$19,729
- Shares owned after transaction: not disclosed in the provided filing excerpt
- Footnotes: F1 notes the weighted average price and the price range; no 10b5‑1 plan or tax-withholding note disclosed in this excerpt
- Filing timeliness: Filed May 26, 2026. Because May 25, 2026 was a federal holiday (Memorial Day), the May 26 filing date appears to meet the SEC’s two-business-day Form 4 deadline
Context
This is a director sale and relatively small in dollar terms (~$20k). Sales by directors can be routine (diversification, liquidity, tax needs) and do not by themselves indicate a change in company fundamentals. No option exercise, gift, or 10%‑owner transaction was reported in the provided details.