Form 4: National Vision Holdings Director Naomi Kelman Granted Restricted Stock Units

National Vision Holdings, Inc. Director Naomi Kelman was granted 7,392 restricted stock units (RSUs) as part of a routine compensation package, increasing her total beneficial ownership to 41,041 shares.

Summary

• Naomi Kelman, a Director of National Vision Holdings, Inc. (EYE), acquired 7,392 shares of common stock in the form of Restricted Stock Units (RSUs).
• The transaction occurred on June 18, 2025.
• Each RSU represents a contingent right to receive one share of National Vision Holdings, Inc. common stock.
• The RSUs were granted at a price of $0, as is typical for such equity awards.
• Following this transaction, Ms. Kelman's total beneficial ownership of National Vision Holdings, Inc. common stock stands at 41,041 shares.
• The RSUs are scheduled to vest in full on the first anniversary of the grant date, which is June 18, 2026.

Sentiment

Score: 6

Explanation: Slightly positive, as it indicates alignment of director and shareholder interests through equity compensation, which is a standard and generally positive corporate governance practice.

Positives

• The grant of restricted stock units to a director aligns the director's interests with those of the shareholders, as the value of the compensation is tied to the company's stock performance.
• An increase in a director's beneficial ownership can signal confidence in the company's future prospects.

Future Outlook

The granted Restricted Stock Units are scheduled to vest in full on June 18, 2026, which is the first anniversary of the grant date, converting into common stock at that time.

Industry Context

This filing represents a routine equity compensation event for a director, common across publicly traded companies to incentivize long-term performance and align management interests with shareholder value in the retail optical industry.

Related Party Transactions

• Grant of 7,392 Restricted Stock Units to Naomi Kelman, a Director of National Vision Holdings, Inc., which is a common form of compensation for related parties.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's financial interests with shareholder value, potentially encouraging decisions that benefit long-term stock performance.
• Employees: No direct impact mentioned for general employees.

Next Steps

• The 7,392 Restricted Stock Units are expected to vest on June 18, 2026, at which point they will convert into shares of National Vision Holdings, Inc. common stock.

Key Dates

Keywords

National Vision Holdings, EYE, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU, Director Compensation, Beneficial Ownership, Equity Grant, Corporate Governance