Pelosi Peggie 4
Research Summary
AI-generated summary
USANA Director Peggie Pelosi Receives 1,058 Shares (RSU Vest)
What Happened
Peggie Pelosi, a Director of USANA Health Sciences (USNA), had 1,058 restricted stock units (RSUs) convert into common shares on January 22, 2026. Of the 1,058 vested shares, 669 shares were withheld to satisfy tax withholding at $22.51 per share (total ~$15,059), leaving 389 shares issued to her (net value ≈ $8,756). The Form 4 was filed on January 26, 2026.
Key Details
- Transaction dates: January 22, 2026 (period of report); Form 4 filed January 26, 2026 (timely).
- Actions reported: M = conversion/exercise of derivative (1,058 RSUs → 1,058 shares); F = tax withholding (669 shares withheld @ $22.51, $15,059).
- Net shares received: 389 shares (1,058 acquired less 669 withheld). Estimated gross value of vested shares ≈ $23,816; withheld ≈ $15,059; net value ≈ $8,756 (based on $22.51/share).
- Shares owned after transaction: Not reported in the filing.
- Footnotes: F1 — each RSU represents a contingent right to one share; F2 — these RSUs vest 25% on Jul 24, 2025; Oct 23, 2025; Jan 22, 2026; and Apr 23, 2026.
- Filing timeliness: Filed Jan 26, 2026 for Jan 22 transaction (within the typical Form 4 reporting window).
Context
- This was an RSU vesting event, not an open-market buy or a voluntary sale. The withholding of 669 shares to cover tax liabilities is a routine cashless-withholding mechanism and does not by itself indicate a buy or sell signal.
- Transaction codes: M indicates conversion/exercise of a derivative (here RSU conversion), and F indicates shares disposed/withheld to satisfy tax obligations.