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Executive chair at National Vision (EYE) logs RSU vesting and share withholding

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

National Vision Holdings Executive Chairman Fahs L. Reade reported equity award activity. On February 27, 2026, 28,321 restricted stock units converted into the same number of common shares at $0.00 per share. To cover taxes on this vesting, 12,708 common shares were withheld at $26.97 per share, classified as a tax-liability disposition rather than an open-market sale. Following these transactions, Reade directly held 547,808 common shares and indirectly held 363,430 shares through a trust. Footnotes note these RSUs come from an 84,962-unit grant made on March 1, 2024, vesting in three equal annual installments.

Positive

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Negative

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
FAHS L READE

(Last) (First) (Middle)
C/O NATIONAL VISION HOLDINGS, INC.,
2435 COMMERCE AVENUE, BLDG. 2200

(Street)
DULUTH GA 30096-4980

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
National Vision Holdings, Inc. [ EYE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Chairman
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/27/2026 M 28,321 A (1) 560,516 D
Common Stock 02/27/2026 F 12,708(2) D $26.97 547,808 D
Common Stock 363,430 I Held by Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 02/27/2026 M 28,321 (3) (3) Common Stock 28,321 $0 237,618 D
Explanation of Responses:
1. Restricted stock units convert into common stock on a one-for-one basis.
2. Reflects payment of tax liability by withholding securities incident to vesting of restricted stock units.
3. On March 1, 2024, the reporting person was granted 84,962 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date.
Remarks:
/s/ Jared Brandman, as Attorney-in-Fact 03/02/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did National Vision (EYE) report for Fahs L. Reade?

National Vision’s Executive Chairman Fahs L. Reade reported RSU vesting and related share withholding. 28,321 restricted stock units converted into common stock, and 12,708 common shares were withheld at $26.97 each to satisfy tax obligations tied to the vesting event.

How many restricted stock units vested for National Vision (EYE) Executive Chairman?

28,321 restricted stock units vested and converted into the same number of National Vision common shares. These units are part of an 84,962-unit grant awarded on March 1, 2024, scheduled to vest in three equal annual installments beginning on the first anniversary.

Were National Vision (EYE) shares sold on the open market in this Form 4?

No open-market sale is indicated. 12,708 National Vision common shares were disposed of under code F, reflecting shares withheld at $26.97 each to pay tax liabilities associated with the vesting of restricted stock units, rather than a discretionary market sale.

What are Fahs L. Reade’s National Vision (EYE) holdings after these transactions?

After the reported transactions, Fahs L. Reade directly owned 547,808 National Vision common shares. In addition, he had indirect ownership of 363,430 common shares held by a trust, as disclosed, reflecting both his personal and trust-related positions in the company.

What is the origin of the restricted stock units in this National Vision (EYE) filing?

The restricted stock units come from an 84,962-unit award granted on March 1, 2024. According to the disclosure, this grant vests in three equal installments, beginning on the first anniversary of the grant date, with each unit converting into one share of common stock.

How do the RSUs in National Vision (EYE) convert into common stock?

The filing states that restricted stock units convert into National Vision common stock on a one-for-one basis. In this case, 28,321 vested restricted stock units produced 28,321 common shares, aligning exactly with that specified one-for-one conversion ratio described in the footnotes.
National Vision

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77.61M
Specialty Retail
Ophthalmic Goods
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United States
DULUTH