Form 4: National Vision Holdings SVP VanDette Reports Stock Transactions
SEC Form 4 Filing
Joseph VanDette, SVP and Chief Marketing Officer of National Vision Holdings, reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On March 1, 2025, Joseph VanDette exercised 3,363 restricted stock units (RSUs) and sold 1,179 shares of common stock at $12.71 to cover tax obligations.
- Following these transactions on March 1, 2025, VanDette directly owns 10,444 shares of common stock and 21,258 RSUs.
- On March 3, 2025, VanDette exercised 6,350 RSUs and sold 2,140 shares of common stock at $12.66 to cover tax obligations.
- Following these transactions on March 3, 2025, VanDette directly owns 14,654 shares of common stock and 14,908 RSUs.
- The RSUs convert into common stock on a one-for-one basis and vest in three equal installments beginning on the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an executive. It doesn't inherently indicate 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 for executives who receive stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the increased number of shares in the market, but the effect is likely minimal given the relatively small volume of shares involved.
Key Dates
| Date | Description |
|---|---|
| 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 | Date of transaction involving the exercise of 3,363 restricted stock units and sale of 1,179 shares of common stock. |
| 03/03/2025 | Date of transaction involving the exercise of 6,350 restricted stock units and sale of 2,140 shares of common stock. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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