National Vision (EYE) CMO exercises RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
National Vision Holdings executive Joseph VanDette reported equity transactions tied to vesting of prior awards. On February 27, 2026, he exercised 3,363 restricted stock units, which converted into 3,363 shares of common stock at no cost. On the same date, 1,172 shares of common stock were withheld at $26.97 per share to cover tax liabilities associated with the RSU vesting, leaving him with 18,131 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,363 shares exercised/converted
Mixed
3 txns
Insider
VanDette Joseph
Role
Chief Brand & Mktg Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,363 | $0.00 | -- |
| Exercise | Common Stock | 3,363 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,172 | $26.97 | $32K |
Holdings After Transaction:
Restricted Stock Units — 34,386 shares (Direct);
Common Stock — 19,303 shares (Direct)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. Reflects payment of tax liability by withholding securities incident to vesting of restricted stock units. On March 1, 2024, the reporting person was granted 10,090 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date.
FAQ
What insider transactions did Joseph VanDette report for National Vision (EYE)?
Joseph VanDette reported an exercise of 3,363 restricted stock units and related common stock transactions. RSUs converted one-for-one into common shares, and a portion of shares was withheld to satisfy tax liabilities arising from the vesting event.
How many restricted stock units did VanDette convert into National Vision (EYE) common stock?
VanDette converted 3,363 restricted stock units into 3,363 shares of National Vision common stock. The units converted on a one-for-one basis, reflecting previously granted equity that vested and turned into directly held common shares.
What does transaction code M mean in the National Vision (EYE) Form 4?
Transaction code M indicates an exercise or conversion of a derivative security, such as restricted stock units. In this case, VanDette’s 3,363 RSUs were converted into the same number of common shares at no cash exercise price.
What does transaction code F represent in this National Vision (EYE) insider filing?
Transaction code F represents payment of exercise price or tax liability by delivering securities. Here, 1,172 common shares were withheld and disposed of at $26.97 per share to satisfy VanDette’s tax obligations from the RSU vesting.