Benedict Peter 4
Research Summary
AI-generated summary
USANA (USNA) CIO Peter Benedict Sells 4,553 Shares
What Happened
Peter Benedict, Chief Information Officer of USANA Health Sciences (USNA), sold 4,553 shares in an open-market transaction on March 3, 2026. The weighted-average price was $19.3848 (range $19.29–$19.415), generating total proceeds of approximately $88,259. This was a sale (S), not a purchase or option exercise.
Key Details
- Transaction date: 2026-03-03
- Transaction type: Sale (open market), 4,553 shares
- Price: Weighted average $19.3848; price range reported $19.29 to $19.415 (see footnote F1)
- Proceeds: Approximately $88,259
- Shares owned after transaction: Not specified in the provided filing
- Footnote: F1 notes the weighted average and price range across multiple trades
- Timeliness: Filing date equals transaction date (2026-03-03), indicating a timely report
Context
This was a direct share sale by an executive — not an option exercise, grant, or gift. Sales by insiders can be routine (cash needs, portfolio rebalancing, planned programs) and do not by themselves indicate a change in company fundamentals. Retail investors should consider this data point alongside other insider activity and company fundamentals.