National Vision (NASDAQ: EYE) exec logs RSU grant, vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
National Vision Holdings Chief Brand & Marketing Officer Joseph VanDette reported equity award activity and related tax withholding. On March 6, 2026, 8,224 restricted stock units converted into an equal number of common shares, and he received a grant of 10,753 additional restricted stock units.
After these transactions, he directly owned 48,502 shares of common stock before tax withholding. To satisfy tax obligations tied to vesting, 2,430 common shares were withheld at a price of $27.90 per share, leaving 46,072 common shares owned directly. Following the new award, he held 30,565 restricted stock units in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,224 shares exercised/converted
Mixed
4 txns
Insider
VanDette Joseph
Role
Chief Brand & Mktg Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,224 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 10,753 | $0.00 | -- |
| Exercise | Common Stock | 8,224 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,430 | $27.90 | $68K |
Holdings After Transaction:
Restricted Stock Units — 19,812 shares (Direct);
Common Stock — 48,502 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. On March 7, 2025, the reporting person was granted 24,672 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 of the grant date, March 6, 2026.
FAQ
What did National Vision (EYE) executive Joseph VanDette report in this Form 4?
Joseph VanDette reported vesting and conversion of restricted stock units into common stock, a new restricted stock unit grant, and share withholding to cover taxes. These transactions changed his direct holdings of National Vision common shares and restricted stock units on March 6, 2026.
How many restricted stock units converted to National Vision (EYE) common stock?
On March 6, 2026, 8,224 restricted stock units converted into 8,224 shares of National Vision common stock on a one-for-one basis. This exercise increased his directly owned common shares before separate withholding for taxes related to the vesting event.
What new equity award did Joseph VanDette receive from National Vision (EYE)?
He received a grant of 10,753 restricted stock units on March 6, 2026. Footnotes state one-third of certain restricted stock units vest on each anniversary of the March 6, 2026 grant date, affecting future conversion into National Vision common shares over time.
How were taxes paid on Joseph VanDette’s National Vision (EYE) vesting?
Taxes were paid by withholding 2,430 shares of National Vision common stock at $27.90 per share. This “F” code transaction reflects payment of tax liability by delivering securities incident to vesting, rather than an open-market sale into the trading market.
What are Joseph VanDette’s National Vision (EYE) holdings after these transactions?
After the March 6, 2026 transactions, he directly owned 46,072 shares of National Vision common stock. He also held 30,565 restricted stock units, representing additional potential future shares subject to the vesting schedule and the one-for-one conversion feature described.
What do the footnotes say about National Vision (EYE) restricted stock units?
Footnotes explain restricted stock units convert into common stock on a one-for-one basis and that some awards, granted March 7, 2025, vest in three equal installments beginning on the first anniversary of the grant date, with one-third vesting on each anniversary of March 6, 2026.