EYE insider: 1,502 RSUs converted; tax withholding of 538 shares
Rhea-AI Filing Summary
National Vision Holdings, Inc. (EYE) insider reporting: The filing discloses that Priti V. Patel, a General Manager and officer, had 1,502 restricted stock units vest on 10/03/2025, which converted one-for-one into 1,502 shares of common stock. The filing shows tax withholding of 538 shares to satisfy taxes at a withholding price of $28.87, leaving 13,869 shares beneficially owned after the transaction. Total restricted stock units originally granted were 4,506 on 10/03/2022, vesting in three equal installments beginning one year after grant.
The Form 4 was signed by an attorney-in-fact on 10/06/2025
Positive
- Equity incentives vesting demonstrates retention alignment for management
- Tax withholding via share withholding reduces immediate cash outflow and administrative burden
Negative
- Incremental share issuance from 1,502 vested RSUs causes modest dilution to shareholders
Insights
Routine executive vesting; indicates standard equity compensation practice.
The transaction reports the vesting and conversion of 1,502 restricted stock units into common shares on 10/03/2025, with 538 shares withheld for taxes at $28.87. This pattern aligns with time-based equity awards that vest in scheduled installments and are commonly used to retain employees and align interests with shareholders.
Primary dependencies include the remaining unvested portion of the 4,506 RSU grant from 10/03/2022. Watch upcoming vesting anniversaries for further share issuance or withholding events within the next 12 months.
The share conversion and withholding have a modest, localized dilution effect.
The conversion of 1,502 RSUs into common stock increases outstanding shares by that amount before withholding; the net new shares distributed to the reporting person are 964 shares (1,502 vested minus 538 withheld). Given the modest absolute share counts, the near-term dilution impact on outstanding equity is minor.
Monitor the schedule from the original 10/03/2022 grant for the remaining two vesting installments; future vesting events will similarly create small, predictable dilution when they occur.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,502 | $0.00 | -- |
| Exercise | Common Stock | 1,502 | $0.00 | -- |
| Tax Withholding | Common Stock | 538 | $28.87 | $16K |
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 October 3, 2022, the reporting person was granted 4,506 restricted stock units, vesting on three equal installments beginning on the first anniversary of the grant date.
