Form 4: National Vision Holdings SVP, GC and Secretary Jared Brandman Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Jared Brandman, SVP, GC and Secretary of National Vision Holdings, reports the acquisition of 5,669 restricted stock units.
Summary
- On April 29, 2024, Jared Brandman, SVP, GC and Secretary of National Vision Holdings, acquired 5,669 restricted stock units.
- These restricted stock units convert into common stock on a one-for-one basis.
- One-third of the restricted stock units will vest annually from the grant date of April 29, 2024.
- Following the transaction, Brandman directly owns 31,068 derivative securities.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a standard transaction of restricted stock units, which is a common part of executive compensation.
Future Outlook
The restricted stock units vest over a three-year period, starting April 29, 2024.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The vesting of restricted stock units aligns executive interests with shareholder value over the long term.
Key Dates
| Date | Description |
|---|---|
| 04/29/2024 | Date of transaction: Jared Brandman acquired 5,669 restricted stock units. |
| 04/29/2024 | Grant date for restricted stock units, with one-third vesting annually. |
| 05/01/2024 | Date of signature for the Form 4 filing. |
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