National Vision (EYE) officer converts RSUs, withholds 1,205 shares for tax
Rhea-AI Filing Summary
National Vision Holdings, Inc. Chief Legal & Strategy Officer Jared Brandman reported equity award activity involving restricted stock units and common stock of EYE. On February 27, 2026, 3,540 restricted stock units were exercised and converted into the same number of shares of common stock at a price of $0.00 per share.
A separate transaction on the same date shows a disposition of 1,205 shares of common stock at $26.97 per share to cover tax liabilities associated with the vesting of restricted stock units, as described in the footnotes. After these transactions, Brandman directly held 47,040 shares of common stock and 44,510 restricted stock units.
The footnotes also state that on March 1, 2024, Brandman was granted 10,621 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date, with each unit converting into one share of common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,540 | $0.00 | -- |
| Exercise | Common Stock | 3,540 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,205 | $26.97 | $32K |
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 10,621 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date.