USANA (USNA) CSO Kathryn Armstrong Converts 1,166 RSUs

What Happened

• Kathryn Michelle Armstrong, Chief Scientific Officer at USANA Health Sciences (USNA), had 1,166 restricted stock units (RSUs) convert into common shares on July 25, 2026. The RSUs have no exercise price ($0.00). To cover tax withholding, 518 of those shares were surrendered at $21.32 per share, totaling $11,044. Net shares issued to her were 648 (1,166 converted − 518 withheld).
• This was not an open-market purchase or sale of company stock but a routine vesting/conversion of equity awards and related tax withholding.

Key Details

• Transaction date: July 25, 2026; Form 4 filed July 27, 2026 (timely filing).
• Conversion: 1,166 RSUs converted to shares (no cash exercise price).
• Tax withholding: 518 shares withheld at $21.32/share for $11,044.
• Net shares received: 648.
• Footnotes: F1 — each RSU equals one share of USNA common stock; F2 — these RSUs vest 25% on the anniversary of July 25, 2024 (part of the award’s vesting schedule).
• Shares owned after the transaction: not specified in the provided filing.

Context

• This is a typical equity award vesting event combined with share withholding to satisfy tax obligations (a form of cashless settlement). Such conversions and withholdings are routine and do not necessarily indicate an insider buying or selling shares for investment reasons.