VanDette Joseph 4

What Happened

• Joseph VanDette, Chief Brand & Marketing Officer at National Vision (EYE), had 3,363 restricted stock units (RSUs) convert into common shares on Feb 27, 2026. To cover tax withholding related to the vesting, 1,172 of those shares were withheld at $26.97 per share, equal to $31,609. The net shares retained by VanDette from this vesting were 2,191.
• The Form 4 shows the RSU conversion (transaction code M) and the related tax withholding (transaction code F). This was not an open-market sale — the withheld shares were used to pay taxes (a routine, cashless withholding).

Key Details

• Transaction date: 2026-02-27; Form 4 filed: 2026-03-02 (filed timely).
• RSUs converted: 3,363 shares (conversion/derivative exercise, code M).
• Shares withheld for taxes: 1,172 shares at $26.97 each = $31,609 (code F).
• Net shares delivered to insider: 3,363 − 1,172 = 2,191 shares.
• Footnotes: F1—RSUs convert 1:1 to common stock; F2—withholding of securities to satisfy tax liability; F3—these RSUs were part of a 10,090‑unit grant made on Mar 1, 2024, vesting in three equal installments starting on the first anniversary.
• Shares owned after the transaction: not specified in the provided filing details.

Context

• This was a routine RSU vesting event with shares withheld for taxes (a common cashless withholding method), not an open-market sale. Such withholding transactions are standard and do not necessarily indicate a change in the insider’s view of the company.