National Vision (NASDAQ: EYE) CLO nets 1,048 shares after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
National Vision Holdings Chief Legal & Strategy Officer Jared Brandman reported routine equity compensation activity involving restricted stock units. On April 29, 2026, 1,890 restricted stock units vested and converted into common stock on a one-for-one basis. To cover associated tax liabilities, 842 common shares were withheld and disposed of at $22.39 per share, resulting in a net increase of 1,048 common shares. Following these transactions, Brandman directly holds 77,079 shares of common stock and 36,744 remaining restricted stock units, reflecting ongoing equity-based compensation rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,890 shares exercised/converted
Mixed
3 txns
Insider
Brandman Jared
Role
Chief Legal & Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,890 | $0.00 | -- |
| Exercise | Common Stock | 1,890 | $0.00 | -- |
| Tax Withholding | Common Stock | 842 | $22.39 | $19K |
Holdings After Transaction:
Restricted Stock Units — 36,744 shares (Direct, null);
Common Stock — 77,921 shares (Direct, null)
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 April 29, 2024, the reporting person was granted 5,669 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
Key Figures
RSUs vested: 1,890 units
Shares withheld for taxes: 842 shares
Price for tax withholding: $22.39 per share
+3 more
6 metrics
RSUs vested
1,890 units
Restricted stock units converting to common stock on April 29, 2026
Shares withheld for taxes
842 shares
Tax-withholding disposition at $22.39 per share
Price for tax withholding
$22.39 per share
Value used for 842-share tax payment transaction
Common shares after transactions
77,079 shares
Direct common stock holdings following Form 4 events
RSUs remaining
36,744 units
Restricted stock units held after the reported vesting
Original RSU grant
5,669 units
Grant on April 29, 2024 vesting in three equal annual installments
Key Terms
Restricted stock units, tax liability, derivative security, tax-withholding disposition
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.
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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did National Vision (EYE) executive Jared Brandman report in this Form 4?
Jared Brandman reported RSU vesting and related tax withholding. 1,890 restricted stock units converted into common stock, and 842 shares were withheld to cover taxes, resulting in a net increase of 1,048 common shares in his direct holdings.
What was the size of the RSU vesting in this National Vision (EYE) Form 4?
The Form 4 shows 1,890 restricted stock units vesting and converting into common stock on a one-for-one basis. This RSU vesting is part of Brandman’s ongoing equity compensation, not a cash purchase or sale on the open market.
What prior RSU grant underlies this National Vision (EYE) vesting event?
A prior grant on April 29, 2024 awarded Jared Brandman 5,669 restricted stock units. These units vest in three equal annual installments starting on the first anniversary of the grant date, and the current Form 4 reflects one such vesting tranche.