Banner Mark 4

What Happened
Mark Banner, President of America's Best at National Vision Holdings (EYE), had 11,728 restricted stock units (RSUs) vest on July 8, 2026. The RSUs converted one-for-one into 11,728 common shares (gross value ≈ $227,640 at $19.41/share). To cover tax withholding, 4,964 shares were withheld (disposed) at $19.41 each for approximately $96,351, leaving a net delivery of about 6,764 shares to Banner. This is an award/vesting event (routine compensation), not an outright purchase or open-market sale.

Key Details

• Transaction date: July 8, 2026 (reported on Form 4 filed July 9, 2026 — timely filing).
• Conversions/vests: 11,728 RSUs converted into common stock (transaction code M).
• Tax withholding: 4,964 shares withheld to satisfy tax liability at $19.41/share for ~$96,351 (transaction code F).
• Net shares delivered to insider: 11,728 − 4,964 = 6,764 shares (approx. $131,289 at $19.41/share).
• Footnotes: F1: RSUs convert one-for-one into common stock. F2: tax liability paid by withholding shares incident to vesting. F3: original grant was 35,184 RSUs on July 8, 2024, vesting in three equal annual installments (11,728 per installment).
• Shares owned after transaction: not specified in the filing.

Context

• This was a routine vesting of previously granted RSUs, not an open-market purchase or discretionary sale. The filing shows the RSUs were converted and some shares withheld to cover taxes (a common "cashless" withholding). Such award vesting reflects compensation realization, not a direct signal of insider buying or selling intent.