Form 4: National Vision Holdings Executive Exercises Stock Options, Disposes of Shares for Tax Obligations
SEC Form 4 Filing
Bill Clark, SVP and Chief People Officer of National Vision Holdings, executed stock options and disposed of shares to cover tax liabilities, according to a recent SEC filing.
Summary
- Bill Clark, the SVP, Chief People Officer of National Vision Holdings, Inc., filed a Form 4 with the SEC.
- The filing reports transactions involving common stock and restricted stock units.
- On March 1, 2025, Clark exercised 3,363 restricted stock units, converting them into common stock and disposed of 1,179 shares to cover tax obligations at a price of $12.71 per share.
- On March 2, 2025, Clark exercised 2,078 restricted stock units, converting them into common stock and disposed of 729 shares to cover tax obligations at a price of $12.71 per share.
- On March 3, 2025, Clark exercised 6,350 restricted stock units, converting them into common stock and disposed of 1,985 shares to cover tax obligations at a price of $12.66 per share.
- Following these transactions, Clark directly owns 40,060 shares of common stock and 13,077 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of insider transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives who receive stock-based compensation. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares, but the impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/02/2022 | Reporting person was granted 6,234 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date. |
| 03/03/2023 | Reporting person was granted 19,050 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date. |
| 03/01/2024 | Reporting person was granted 10,090 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date. |
| 03/01/2025 | Clark exercised 3,363 restricted stock units and disposed of 1,179 shares for tax obligations. |
| 03/02/2025 | Clark exercised 2,078 restricted stock units and disposed of 729 shares for tax obligations. |
| 03/03/2025 | Clark exercised 6,350 restricted stock units and disposed of 1,985 shares for tax obligations. |
| 03/04/2025 | Date of the Form 4 filing. |
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