Neidig Brent 4

What Happened

• Brent Neidig, Chief Commercial Officer of USANA Health Sciences (USNA), had 6,747 restricted stock units (RSUs) convert into common shares on Feb 27, 2026. To satisfy tax withholding, 2,993 of those shares were surrendered at $21.52 each, totaling $64,409. After withholding, Neidig retained a net of 3,754 shares.
• This was an RSU conversion and tax-withholding transaction rather than an open-market purchase or sale; withholding of shares for taxes is routine.

Key Details

• Transaction date: February 27, 2026; Form 4 filed March 3, 2026 (timely — within required reporting window).
• Converted/received: 6,747 shares (derivative conversion / RSU settlement; code M).
• Tax withholding: 2,993 shares withheld at $21.52/share = $64,409 (code F).
• Net shares retained from the conversion: 3,754 shares.
• Shares owned after the transaction: not specified in the filing.
• Footnotes: F1 — each RSU represents the right to one share; F2 — RSUs vest 25% on the Feb 27, 2025 anniversary.
• Codes explained: M = exercise/conversion of a derivative (here, RSU settlement); F = shares withheld to cover tax liability.

Context

• Converting RSUs into shares and surrendering shares for tax withholding is a common, administrative action and does not necessarily signal the insider’s view of the company’s stock.
• For retail investors: this is not a market buy or planned sale — it reflects compensation vesting and routine tax settlement.