Jones Paul A. 4

What Happened
Paul A. Jones, Chief People Officer of USANA Health Sciences (USNA), had restricted stock units (RSUs) convert into 6,060 shares of USNA common stock across Feb 6–8, 2026. To satisfy tax withholding, 2,102 of those shares were surrendered (disposed) at a reported per-share withholding value of $21.34, totaling about $44,856.68. The RSU conversions are reported as derivative exercises (code M) and the share surrenders for taxes are reported under code F.

Key Details

• Transaction dates: Feb 6, 2026 (2,174 RSUs converted; 754 shares withheld), Feb 7, 2026 (1,372 converted; 476 withheld), Feb 8, 2026 (2,514 converted; 872 withheld).
• Conversion totals: 6,060 RSUs converted to shares; 2,102 shares withheld for taxes; net increase in shares outstanding to Jones = 3,958 shares (6,060 − 2,102).
• Withholding price/value: $21.34 per withheld share; total withheld value ≈ $44,856.68.
• Footnotes: F1 confirms each RSU equals one share on conversion; F2–F4 show these RSUs vest in 25% installments on anniversaries (Feb 7, 2022; Feb 6, 2023; Feb 8, 2024), indicating a multi-year grant schedule.
• Filing: Report filed 2026-02-10 covering Feb 6–8 transactions. No late-filing flag provided in the supplied data.

Context

• These transactions reflect RSU vesting and share conversion, not an open-market sale or purchase. The “exercise/conversion” (M) entries indicate RSUs paid out as shares; the (F) entries show shares were withheld to cover tax obligations (a common administrative step).
• This is routine insider compensation/vesting activity rather than a market sale that implies immediate cashing out; however, withheld shares do reduce the net shares added to the insider’s stake.