Wilkes Alexander 4

What Happened

• Alexander Wilkes, CEO of National Vision Holdings (EYE), had restricted stock units (RSUs) convert into common stock on March 6, 2026. The filing shows 27,412 RSUs converted (derivative exercise/conversion). To cover tax withholding, 13,994 shares were surrendered/withheld at $27.90 per share, generating $390,433 in tax withholding. That leaves approximately 13,418 net shares delivered to Wilkes from this vesting event.
• The filing also lists derivative/award entries (62,725 RSU-type units acquired at $0.00) and a separate derivative disposition entry for 27,412 units, consistent with RSU conversion mechanics (RSU units cancel and common shares are issued). This was a vesting/tax-withholding event — routine compensation settlement, not an open-market buy or sell.

Key Details

• Transaction date: March 6, 2026; withholding price used: $27.90 per share.
• RSUs converted: 27,412; shares withheld for taxes: 13,994 (tax withholding value reported: $390,433); estimated net shares received: ~13,418.
• Footnotes: F1 confirms RSUs convert one-for-one to common stock; F3 confirms the 13,994-share entry reflects tax withholding; F4/F5 describe a March 7, 2025 grant of 82,237 RSUs vesting in three equal installments, with one installment vesting on March 6, 2026. F2 notes 1,417 shares from the 2018 Associate Stock Purchase Plan are included in reported beneficial ownership totals.
• Ownership after transaction: the filing’s exact “shares owned following the transaction” figure is not provided here; the form includes the ESPP shares noted in F2.
• Timeliness: the filing reports the March 6, 2026 transactions in a Form 4 filed March 9, 2026; no late-filing flag is indicated in the summary data provided.

Context

• This was a routine RSU vesting and settlement by share withholding to cover taxes (a non-cash tax-payment method). Such transactions reflect compensation vesting rather than an indication of the insider buying or selling shares in the open market.
• For clarity: “M” entries reflect exercise/conversion of derivatives (RSUs converting to common stock) and “F” reflects tax withholding; no open-market sale or purchase was reported in this filing.