Clark Bill 4

What Happened

• Bill Clark, Chief People Officer of National Vision (EYE), had restricted stock units convert to common stock on March 6, 2026. The Form 4 shows a conversion/exercise of 8,224 derivative units into shares, a grant/award record of 10,753 derivative shares, and 2,430 shares were withheld/disposed to cover tax withholding at $27.90 per share for a total tax withholding of $67,797.

Key Details

• Transaction date: March 6, 2026; Form 4 filed March 9, 2026 (timely under the two-business-day rule).
• Reported entries: conversion/exercise (code M) of 8,224 units, grant/award (code A) of 10,753 derivative units, and tax withholding (code F) of 2,430 shares at $27.90/share (= $67,797).
• Footnotes: F1 — each restricted stock unit converts 1:1 to common stock; F2 — the 2,430-share entry reflects withholding to pay tax liability on vesting; F3/F4 — Clark was granted 24,672 RSUs on Mar 7, 2025 that vest in three equal installments, with one-third vesting on Mar 6, 2026 (8,224).
• Shares owned after the transactions: not specified in the provided filing.

Context

• This appears to be routine RSU vesting and related tax withholding rather than an open-market buy/sell. The conversion/exercise of RSUs and withholding to cover taxes is common when restricted stock units vest; the filing shows no cash purchase and no large open-market sale by the officer.