Form 4: National Vision Holdings Executive Acharya Reports Stock Transactions
SEC Form 4 Filing
Ravi Acharya, SVP and Chief Technology Officer of National Vision Holdings, reports transactions involving common stock and restricted stock units.
Summary
- On March 5, 2024, Ravi Acharya, SVP and Chief Technology Officer of National Vision Holdings, executed transactions involving the company's stock.
- These transactions included the conversion of 639 restricted stock units into common stock, the withholding of 191 shares for tax liability related to the vesting of restricted stock units at a price of $22.62, and the issuance of 2,556 shares upon vesting of performance stock units granted on March 5, 2021.
- Additionally, 763 shares were withheld for tax liability related to the vesting of performance stock units at a price of $22.62.
- Following these transactions, Acharya directly owns 15,800 shares of National Vision Holdings common stock and 8,012 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/05/2021 | Reporting person was granted 1,917 restricted stock units, which vest in three equal installments on each anniversary of the grant date and performance stock units were granted. |
| 03/05/2024 | Date of reported transactions including conversion of restricted stock units, vesting of performance stock units, and tax withholding. |
| 03/07/2024 | Date of signature by Attorney-in-Fact. |
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