Benedict Peter 4

What Happened

• Benedict Peter, Chief Information Officer of USANA Health Sciences (USNA), had restricted stock units (RSUs) convert to 2,788 shares on Feb 6–8, 2026 (1,000; 631; 1,157). To satisfy tax withholding, 967 of those shares were surrendered (347; 219; 401) at an applied price of $21.34 per share, yielding $20,635 in withheld tax consideration. The filings show the RSUs converting (derivative exercise code M) and shares withheld for taxes (code F).

Key Details

• Transaction dates: Feb 6, 2026; Feb 7, 2026; Feb 8, 2026.
• Shares acquired on conversion: 1,000 + 631 + 1,157 = 2,788 shares.
• Shares withheld for taxes (disposed): 347 + 219 + 401 = 967 shares; total consideration reported $20,635 (at $21.34/share).
• Derivative entries showing $0.00 consideration reflect conversion of RSUs into common stock (not a cash sale).
• Footnotes:
  • F1: Each restricted stock unit represents a contingent right to one share of USNA common stock.
  • F2–F4: These RSUs vest in installments (25% on anniversaries of Feb 6, 2023; Feb 7, 2022; Feb 8, 2024).
• Shares owned after the transactions are not specified in the provided excerpt.
• No late filing was indicated in the provided information.

Context

• This was a vesting/conversion of RSUs with shares withheld to cover tax liabilities (common “net settlement” or share-surrender for withholding). It is not an open-market sale of retained shares; the withheld shares are for taxes rather than a discretionary sale by the insider.
• Such withholding transactions are routine for RSU vesting and are primarily administrative — they do not, by themselves, indicate a change in the insider’s market view.