National Vision (EYE) CTO awarded 10,753 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
National Vision Holdings, Inc. reported that Chief Technology Officer David G. Cutler acquired 10,753 restricted stock units as a grant or award. Each restricted stock unit converts into one share of common stock. Following this grant, he holds 36,750 restricted stock units directly.
According to the disclosure, one-third of these restricted stock units will vest on each anniversary of the grant date, March 6, 2026, aligning compensation with longer-term company performance and retention incentives.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cutler David G
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,753 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 36,750 shares (Direct)
Footnotes (1)
- Each restricted stock unit converts into common stock on a one-for-one basis. One-third of these restricted stock units will vest on each anniversary of the grant date, March 6, 2026.
FAQ
What did National Vision (EYE) disclose in this Form 4 for David G. Cutler?
National Vision reported that Chief Technology Officer David G. Cutler received a grant of 10,753 restricted stock units. These units are equity-based compensation that can convert into common stock over time, aligning his interests with shareholders.
How many restricted stock units did the National Vision CTO receive?
David G. Cutler received 10,753 restricted stock units as a grant. This award increases his total direct holdings of restricted stock units to 36,750, reflecting a meaningful component of his overall compensation package at National Vision.
What is the vesting schedule for David G. Cutler’s new RSUs at National Vision (EYE)?
One-third of these restricted stock units will vest on each anniversary of the grant date, March 6, 2026. This multi-year vesting schedule encourages long-term retention and ties the Chief Technology Officer’s compensation to ongoing company performance.
How do the restricted stock units convert into National Vision common stock?
Each restricted stock unit converts into common stock on a one-for-one basis. This means every vested unit becomes one share of National Vision common stock, directly linking the award’s value to the company’s future share price performance.
How many National Vision RSUs does the CTO own after this transaction?
After this grant, David G. Cutler directly holds 36,750 restricted stock units. These units represent potential future shares of National Vision common stock, subject to the stated vesting schedule tied to anniversaries of the March 6, 2026 grant date.