secwatch.observer — SEC 8-K summary
======================================

Issuer:     USANA HEALTH SCIENCES INC (USNA)
CIK:        0000896264
Form:       8-K/A
Filed at:   2023-05-12T23:59:59+00:00
Accession:  0001157523-23-000832
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

USANA CEO-to-be Jim Brown gets $800K base salary; Kevin Guest base cut to $750K as Executive Chair
--------------------------------------------------------------------------------

- Jim Brown's annual base salary as CEO increases from $627K to $800K effective July 1, 2023.
- Kevin Guest's base salary as Executive Chair reduces from $945K to $750K effective July 1, 2023.
- Both remain eligible for Executive Bonus Plan (Brown at 100% of base target, Guest at 50%).
- Both continue eligibility for equity grants under 2015 Plan, 401K, and medical benefits.
- Compensation approved by Compensation Committee on May 10, 2023; disclosed via 8-K/A amendment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896264/000115752323000832/0001157523-23-000832-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896264/000115752323000832/a53399029.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-000832

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer