USANA Health Sciences Inc: director Gilbert A Fuller exercised 1,632 shares

What happened

• Gilbert A Fuller, a director, exercised or converted 1,632 restricted stock units on Oct 22, 2026. The filing shows acquisition of 1,632 shares (price not listed) and a simultaneous disposition of 1,632 shares at $0 (derivative).

Key details

• Transaction date: Oct 22, 2026; filing date: Oct 23, 2026.
• Price(s): acquisition N/A; disposition price $0; total proceeds reported $0.
• Shares owned after the transaction: not reported in the filing.
• Footnotes: F1—each restricted stock unit represents a contingent right to receive one share of USNA common stock; F2—restricted stock units vest 25% on Jul 23, 2026, Oct 22, 2026, Jan 21, 2027, and Apr 22, 2027.
• Filing timeliness: filing not marked late.

Why it may matter

• The filing reports an exercise/conversion of derivative awards and a simultaneous disposition of the same number of shares at $0, which indicates the shares were not sold for cash in an open-market transaction.
• This was an insider derivative transaction (code M) related to restricted stock units, not a gift or a reported market purchase or sale.
• A filing does not show why the insider traded or why the company acted.