National Vision (EYE) director Nicholson granted 11,350 RSUs and updates holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nicholson Michael J reported acquisition or exercise transactions in this Form 4 filing.
National Vision Holdings director Michael J. Nicholson reported an equity award and updated share holdings. He received 11,350 shares of common stock through a restricted stock unit grant at no cash cost, with each RSU representing one share that vests in full on the first anniversary of the grant date.
Following the grant, Nicholson holds 22,069 shares of National Vision common stock directly and 50,000 shares indirectly through a limited liability company jointly controlled with his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Nicholson Michael J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,350 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 22,069 shares (Direct, null);
Common Stock — 50,000 shares (Indirect, By LLC)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share on National Vision Holdings, Inc. common stock. The RSUs vest in full on the first anniversary of the date of grant. These shares are owned directly by a limited liability company jointly controlled by the reporting person and spouse.
Key Figures
RSU grant size: 11,350 shares
Grant price: $0.00 per share
Direct holdings after grant: 22,069 shares
+2 more
5 metrics
RSU grant size
11,350 shares
Restricted stock unit award to director
Grant price
$0.00 per share
Equity compensation grant, not open-market purchase
Direct holdings after grant
22,069 shares
Common stock held directly following RSU grant
Indirect holdings
50,000 shares
Owned by LLC jointly controlled with spouse
Vesting schedule
1-year cliff vest
RSUs vest in full on first anniversary of grant
Key Terms
restricted stock unit ("RSU"), vest in full, indirect ownership, limited liability company, +1 more
5 terms
restricted stock unit ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share..."
vest in full financial
"The RSUs vest in full on the first anniversary of the date of grant."
indirect ownership financial
"total_shares_following_transaction": "50000.0000", "direct_or_indirect": "I""
limited liability company financial
"These shares are owned directly by a limited liability company jointly controlled..."
A limited liability company (LLC) is a business structure that separates the owners’ personal assets from the company’s debts and legal obligations, like a protective shield that keeps personal savings and property distinct from business risk. For investors, that protection reduces personal financial exposure and often brings flexible rules for profit sharing and taxes, but it can also affect how easily interests are bought or sold and how decisions are made.
grant, award, or other acquisition financial
""transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did National Vision (EYE) director Michael J. Nicholson report in this Form 4?
Michael J. Nicholson reported receiving 11,350 shares of National Vision common stock via a restricted stock unit grant. The Form 4 also updates his holdings to 22,069 shares held directly and 50,000 shares held indirectly through a jointly controlled limited liability company.
When do Michael J. Nicholson’s restricted stock units in National Vision (EYE) vest?
The restricted stock units vest in full on the first anniversary of the grant date. Each RSU represents a contingent right to receive one share of National Vision Holdings, Inc. common stock once that one-year vesting period has been satisfied according to the award terms.
What are Michael J. Nicholson’s direct and indirect holdings in National Vision (EYE) after this filing?
After the reported grant, Nicholson holds 22,069 National Vision common shares directly and 50,000 shares indirectly. The indirect shares are owned by a limited liability company that he and his spouse jointly control, as disclosed in the Form 4 ownership footnote.