National Vision (NASDAQ: EYE) CEO exercises RSUs, 29K shares withheld for taxes
Rhea-AI Filing Summary
National Vision Holdings, Inc. (EYE) reported that Chief Executive Officer and director Alexander Wilkes exercised 61,786 Restricted Stock Units, converting them into an equal number of shares of common stock on August 19, 2026. In a related transaction, 29,884 common shares were disposed of at $18.92 per share to satisfy tax liabilities by withholding securities. Following the exercise, Wilkes held 206,874 Restricted Stock Units. A prior grant to Wilkes of 185,357 RSUs, vesting in three equal installments beginning on the first anniversary of the August 19, 2024 grant date, is also noted.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 31,902 shares
Net Buy
3 txns
Insider
Wilkes Alexander
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 61,786 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 61,786 | -- | -- |
| Tax Withholding | Common Stock F2 | 29,884 | $18.92 | $565K |
Holdings After Transaction:
Restricted Stock Units — 206,874 shares (Direct);
Common Stock — 55,441 shares (Direct)
Footnotes (3)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. Reflects payment of tax liability by withholding securities incident to vesting of restricted stock units.
- F3. On August 19, 2024, the reporting person was granted 185,357 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date.
Key Figures
RSUs exercised: 61,786 Restricted Stock Units
Common shares acquired: 61,786 shares of common stock
Shares withheld for taxes: 29,884 shares of common stock
+3 more
6 metrics
RSUs exercised
61,786 Restricted Stock Units
Converted into common stock on August 19, 2026
Common shares acquired
61,786 shares of common stock
Received upon RSU conversion on August 19, 2026
Shares withheld for taxes
29,884 shares of common stock
Withheld to pay tax liability at vesting of RSUs
Withholding price per share
$18.92 per share
Price used for tax-withholding disposition of 29,884 shares
RSUs held after transaction
206,874 Restricted Stock Units
RSU balance following the derivative transaction
Prior RSU grant
185,357 Restricted Stock Units
Granted August 19, 2024, vesting in three equal installments
Key Terms
Restricted Stock Units, withholding securities, tax liability, Exercise or conversion of derivative security
4 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.
withholding securities financial
"Reflects payment of tax liability by withholding securities incident to vesting"
tax liability financial
"payment of tax liability by withholding securities incident to vesting"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
FAQ
What insider transactions did EYE CEO Alexander Wilkes report on this Form 4?
Alexander Wilkes exercised 61,786 Restricted Stock Units into common stock and had 29,884 shares withheld at $18.92 per share to cover tax liabilities, all on August 19, 2026.
How many National Vision (EYE) RSUs did Alexander Wilkes exercise and into what?
Wilkes exercised 61,786 Restricted Stock Units, which converted on a one-for-one basis into 61,786 shares of common stock.
What are Alexander Wilkes’s remaining RSU holdings in EYE after these transactions?
After the reported exercise, Wilkes held 206,874 Restricted Stock Units, as disclosed as the amount of RSUs following the derivative transaction.
What prior Restricted Stock Unit grant to the EYE CEO is referenced?
On August 19, 2024, Wilkes was granted 185,357 Restricted Stock Units, vesting in three equal installments beginning on the first anniversary of the grant date.
AI-generated analysis. How Rhea-AI works. Not financial advice.