Laden Christopher 4
Research Summary
AI-generated summary
National Vision (EYE) CFO Christopher Laden Receives RSUs
What Happened
- Christopher Laden, Chief Financial Officer of National Vision Holdings (EYE), had 26,082 restricted stock units (RSUs) vest on March 31, 2026. The RSUs converted one-for-one into 26,082 common shares (no exercise price). To cover tax withholding, 9,702 shares were surrendered at $25.90 per share for a withholding amount of $251,282, leaving a net 16,380 shares issued to him.
- This was not an open-market purchase or sale of shares but the routine vesting/conversion of an equity award.
Key Details
- Transaction date: March 31, 2026; Form 4 filed April 1, 2026 (appears timely).
- Conversion: 26,082 RSUs converted to 26,082 common shares (derivative exercise/conversion, $0 exercise price).
- Tax withholding: 9,702 shares withheld at $25.90 per share = $251,282 (reported as disposition under code F).
- Net shares received: 16,380 (26,082 vested − 9,702 withheld).
- Footnotes: F1 = RSUs convert one-for-one; F2 = tax paid by withholding shares; F3 = these 26,082 RSUs are one-third of a 78,248 RSU grant made 3/31/2025 that vests in three equal installments.
- Shares owned after the transaction: not stated in the provided filing.
Context
- This is a standard RSU vesting event with share withholding for taxes (not a market sale). Such transactions reflect compensation vesting rather than a discretionary buy or sell decision. For derivative entries: the RSUs were converted into common stock (no cash exercise), and a portion was surrendered to satisfy withholding obligations.