National Vision (EYE) executive gains RSUs, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
National Vision Holdings executive Mark Banner reported equity compensation activity. On March 6, 2026, 13,706 restricted stock units converted into the same number of common shares at no cost, and he received a new award of 10,753 restricted stock units. To cover tax withholding on vesting, 4,133 common shares were disposed of at $27.90 per share. After these transactions, he directly held 17,839 shares of common stock and 61,622 restricted stock units, which convert into common stock on a one-for-one basis. Footnotes indicate these units come from a 41,119-unit grant dated March 7, 2025 that vests in three equal installments starting on the first anniversary of the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,706 shares exercised/converted
Mixed
4 txns
Insider
Banner Mark
Role
President, America's Best
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 13,706 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 10,753 | $0.00 | -- |
| Exercise | Common Stock | 13,706 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,133 | $27.90 | $115K |
Holdings After Transaction:
Restricted Stock Units — 50,869 shares (Direct);
Common Stock — 21,972 shares (Direct)
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 7, 2025, the reporting person was granted 41,119 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date. One-third of these restricted stock units will vest on each anniversary date of the grant date, March 6, 2026.
FAQ
What insider transactions did Mark Banner report at National Vision (EYE)?
Mark Banner reported RSU vesting, a new RSU grant, and tax withholding. 13,706 restricted stock units converted into common stock, 10,753 new RSUs were awarded, and 4,133 shares were withheld at $27.90 to satisfy tax obligations tied to vesting.
Were Mark Banner’s National Vision (EYE) transactions open-market buys or sells?
The transactions were equity award-related, not open-market trading. Restricted stock units converted into common shares, a new RSU grant was received, and 4,133 shares were disposed of at $27.90 solely to satisfy tax liabilities associated with the vesting, according to the Form 4 footnotes.
What are the terms of Mark Banner’s 41,119 National Vision (EYE) restricted stock units?
The 41,119 restricted stock units were granted on March 7, 2025 and vest in three equal installments. One-third vests on each anniversary of the grant date, with one installment vesting on March 6, 2026, progressively delivering common stock as vesting milestones are reached.
How do National Vision (EYE) restricted stock units convert for Mark Banner?
Mark Banner’s restricted stock units convert into common stock on a one-for-one basis. As specific tranches vest on scheduled anniversary dates, each vested unit becomes one share of common stock, subject to any share withholding to cover applicable tax liabilities at vesting.