Form 4: National Vision Holdings Executive Exercises Stock Options and Sells Shares
SEC Form 4
Jared Brandman, SVP, GC and Secretary of National Vision Holdings, exercised restricted stock units and sold shares to cover tax obligations.
Summary
- On March 2, 2024, Jared Brandman exercised 2,078 restricted stock units (RSUs) and sold 731 shares of common stock at $23.54 to cover tax liabilities.
- On March 3, 2024, Brandman exercised 6,350 RSUs and sold 1,997 shares of common stock at $23.54 to cover tax liabilities.
- Following these transactions, Brandman directly owns 33,026 shares of National Vision Holdings common stock.
- Brandman also holds 9,182 restricted stock units that will vest in the future.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the increased number of shares in the market.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Grant date for 10,621 restricted stock units, vesting in three equal installments annually. |
| 03/02/2022 | Grant date for 6,234 restricted stock units, vesting in three equal installments annually. |
| 03/02/2024 | Exercise of 2,078 restricted stock units and sale of 731 shares. |
| 03/03/2023 | Grant date for 19,050 restricted stock units, vesting in three equal installments annually. |
| 03/03/2024 | Exercise of 6,350 restricted stock units and sale of 1,997 shares. |
| 03/05/2024 | Date of Form 4 signature. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.