Form 4: National Vision Holdings Executive VanDette Exercises Stock Options, Disposes Shares for Tax Obligations
SEC Form 4
Joseph VanDette, Chief Brand & Marketing Officer of National Vision Holdings, exercised restricted stock units and disposed of shares to cover tax liabilities on April 11, 2025.
Summary
- On April 11, 2025, Joseph VanDette, the Chief Brand & Marketing Officer of National Vision Holdings, Inc., exercised 1,831 restricted stock units, which converted into common stock on a one-for-one basis.
- Simultaneously, VanDette disposed of 545 shares of common stock at a price of $11.54 to cover tax liabilities associated with the vesting of the restricted stock units.
- Following these transactions, VanDette beneficially owns 15,940 shares of common stock and 37,749 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine transaction related to executive compensation and tax obligations, and does not indicate a significant positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.
Key Dates
| Date | Description |
|---|---|
| 04/11/2022 | Reporting person was granted 5,491 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date. |
| 04/11/2025 | Joseph VanDette exercised 1,831 restricted stock units and disposed of 545 shares for tax obligations. |
| 04/14/2025 | Date of signature for the Form 4 filing. |
Keywords
National Vision Holdings, VanDette, Stock Options, Form 4, Restricted Stock Units, Beneficial Ownership, Tax Liability
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