Pelosi Peggie 4
Research Summary
AI-generated summary
USANA (USNA) Director Peggie Pelosi Receives RSU Award
What Happened
Peggie Pelosi, a director of USANA Health Sciences (USNA), received an award of 6,527 restricted stock units (RSUs) on 2026-05-07. The Form 4 reports the RSUs as a derivative award (transaction code A) with an acquisition price of $0.00 (no cash paid). These RSUs are not immediately issued common shares but represent the right to receive shares if and when they vest.
Key Details
- Transaction date: 2026-05-07; Form 4 filed: 2026-05-11 (timely under Form 4 rules).
- Award: 6,527 RSUs, reported as acquired at $0.00 (derivative award).
- Shares owned after transaction: not disclosed in this filing.
- Footnotes: F1 — each RSU = contingent right to one USNA common share; F2 — RSUs vest 25% on each of: Jul 23, 2026; Oct 22, 2026; Jan 21, 2027; and Apr 22, 2027.
- Transaction code: A = Award/Grant of derivative securities.
Context
RSU awards are common director/compensation grants and do not represent immediately tradable shares. They convert to actual shares only upon vesting dates above; no cash changed hands at grant. This filing is informational about compensation, not a market sale or purchase.