National Vision Holdings, Inc.·4

Mar 9, 4:22 PM ET

VanDette Joseph 4

Research Summary

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National Vision (EYE) CMO VanDette Receives Award

What Happened
Joseph VanDette, Chief Brand & Marketing Officer of National Vision (EYE), had restricted stock units (RSUs) vest on March 6, 2026. A total of 8,224 RSUs converted into common shares. To cover the tax withholding on vesting, 2,430 shares were withheld/disposed at $27.90 per share, generating $67,797. The filing shows the RSU conversion (code M), the tax withholding (code F), and an award/derivative entry (code A) reported on the same date. This was not an open-market sale — it was vesting with routine tax withholding.

Key Details

  • Transaction date: March 6, 2026; Form 4 filed March 9, 2026 (timely filing).
  • RSUs vested / converted: 8,224 shares (code M).
  • Shares withheld for taxes: 2,430 shares at $27.90 = $67,797 (code F; withholding incident to vesting).
  • Net shares delivered to insider (gross 8,224 minus 2,430 withheld) = ~5,794 shares.
  • Filing also reports an "A" (award/acquisition) entry for 10,753 shares and an additional "M" derivative disposition of 8,224 at $0 — these entries relate to RSU vesting and conversion per the footnotes.
  • Footnotes: RSUs convert 1:1 to common stock; tax withholding was satisfied by withholding securities; the RSUs stem from a March 7, 2025 grant of 24,672 RSUs vesting in three equal annual installments (one installment vested March 6, 2026).
  • Shares owned after transaction: not disclosed in the Form 4.

Context
RSU vesting and share-withholding for taxes are routine and do not represent an open-market sale or purchase decision by the insider. Transaction codes: M = exercise/conversion of derivative (here, RSU conversion), F = withholding to satisfy tax liability, A = grant/award. No 10% owner issues or 10b5-1 plan noted in the filing.