Patel Priti V 4
Research Summary
AI-generated summary
National Vision (EYE) GM Priti Patel Converts RSUs; Shares Withheld
What Happened
Priti V. Patel, a General Manager at National Vision Holdings (EYE), had restricted stock units (RSUs) vest and convert into 3,363 shares of common stock on 2026-02-27. As part of the vesting, 1,382 shares were withheld to cover tax obligations at an implied price of $26.97, generating $37,273. The net new shares delivered to Patel were 1,981 (3,363 converted less 1,382 withheld). The reporting shows the RSU conversion (derivative exercise) and the tax-withholding disposition — a routine vesting/tax event rather than an open-market sale or purchase.
Key Details
- Transaction date: 2026-02-27 (reported on Form 4 filed 2026-03-02).
- Conversions: 3,363 RSUs converted into 3,363 shares (transaction code M).
- Tax withholding: 1,382 shares withheld (transaction code F) at $26.97, totaling $37,273.
- Net shares received: 1,981 shares.
- Shares owned after transaction: not disclosed in the provided filing summary.
- Footnotes: F1 = RSUs convert one-for-one; F2 = withholding of shares to pay taxes; F3 = these RSUs were from a 3/1/2024 grant of 10,090 RSUs vesting in three equal installments (this conversion matches one installment).
Context
This was a vesting/settlement of RSUs with shares withheld for taxes — a common, routine insider transaction and not necessarily an indicator of buying or selling sentiment. The filing lists the derivative conversion and the withholding separately (one line shows $0 because it’s a conversion, not a market sale).