National Vision exec exercises 11,728 RSUs

National Vision Holdings President, America's Best Mark Banner reported routine equity compensation activity in company stock.

Rhea-AI Filing Summary

National Vision Holdings President, America's Best Mark Banner reported routine equity compensation activity in company stock. On July 8, 2026, restricted stock units converted into 11,728 shares of common stock on a one-for-one basis.

To cover tax obligations from this vesting, 4,964 shares of common stock were withheld, described as payment of tax liability by delivering securities. After these transactions, Banner directly holds 24,603 shares of common stock and 49,894 restricted stock units, indicating a continued substantial equity stake with no open‑market buying or selling.

Insider Trade Summary

11,728 shares exercised/converted

Exercise 3 txns

Insider Banner Mark

Role President, America's Best

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	11,728	$0.00	$0.00
Exercise	Common Stock	11,728	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	4,964	$19.41	$96K

Holdings After Transaction: Restricted Stock Units — 49,894 contracts (Direct); Common Stock — 24,603 shares (Direct)

Footnotes (3)

1. F1. Restricted stock units convert into common stock on a one-for-one basis.
2. F2. Reflects payment of tax liability by withholding securities incident to vesting of restricted stock units.
3. F3. On July 8, 2024, the reporting person was granted 35,184 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date.

Key Figures

RSUs converted: 11,728 shares Tax-withholding shares: 4,964 shares Reference share value: $19.41 per share +3 more

6 metrics

RSUs converted 11,728 shares Restricted stock units converting into common stock on July 8, 2026

Tax-withholding shares 4,964 shares Shares withheld to satisfy tax liability on RSU vesting

Reference share value $19.41 per share Value used for tax-withholding disposition of common stock

Common shares held 24,603 shares Direct common stock holdings following transactions

RSUs remaining 49,894 units Restricted stock units outstanding after reported activity

RSU grant referenced 35,184 units RSUs granted July 8, 2024, vesting in three equal installments

Key Terms

Restricted stock units, tax liability, derivative security

3 terms

Restricted stock units financial

"Restricted stock units convert into common stock on a one-for-one basis."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax liability financial

"Reflects payment of tax liability by withholding securities incident to vesting of restricted stock units."

derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did National Vision (EYE) report for Mark Banner?

Mark Banner reported RSU vesting into 11,728 National Vision shares and a tax-withholding disposition of 4,964 shares. These moves reflect routine equity compensation mechanics, not open-market buying or selling activity.

How many National Vision (EYE) shares does Mark Banner hold after this Form 4?

After the reported transactions, Mark Banner directly holds 24,603 shares of National Vision common stock and 49,894 restricted stock units, showing a continued, meaningful equity interest tied to his role at the company.

Was the National Vision (EYE) Form 4 an open-market trade?

No, the Form 4 shows no open-market trade. It reflects RSU conversion into common stock and shares withheld to satisfy tax obligations associated with that vesting, a standard non-market compensation event.

What does the 4,964-share disposition mean for National Vision (EYE)?

The 4,964-share disposition represents shares withheld to pay tax liabilities from RSU vesting. It is classified as a tax-withholding disposition, not a discretionary sale, and typically carries limited informational value for investors.

How do the restricted stock units affect Mark Banner’s stake in National Vision (EYE)?

Banner’s 49,894 remaining restricted stock units can convert one-for-one into National Vision common shares as they vest. This ties a significant portion of his compensation and future ownership to the company’s long-term performance.

What was the reference price used for the tax-withholding shares in EYE?

The tax-withholding disposition of 4,964 National Vision shares used a reference value of $19.41 per share. This figure helps determine the value of shares delivered to satisfy the associated tax liability.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 07/09/2026 - 04:19 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Banner Mark

(Last) (First) (Middle)

C/O NATIONAL VISION HOLDINGS, INC.

2000 NEWPOINT PARKWAY, SUITE 100

(Street)

LAWRENCEVILLE GEORGIA 30043

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
National Vision Holdings, Inc. [ EYE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, America's Best

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/08/2026		M		11,728	A	(1)	29,567	D
Common Stock	07/08/2026		F		4,964(2)	D	$19.41	24,603	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	07/08/2026		M			11,728	(3)	(3)	Common Stock	11,728	$0	49,894	D

Explanation of Responses:

1. Restricted stock units convert into common stock on a one-for-one basis.

2. Reflects payment of tax liability by withholding securities incident to vesting of restricted stock units.

3. On July 8, 2024, the reporting person was granted 35,184 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date.

Remarks:

	/s/ Jared Brandman, as Attorney-in-Fact	07/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)