Brandman Jared 4

What Happened

• Jared Brandman, Chief Legal & Strategy Officer at National Vision (EYE), had restricted stock units (RSUs) vest and convert into common shares on March 6, 2026. The filing shows a conversion/exercise of 10,279 RSU-derived shares. To satisfy tax withholding, 3,494 shares were withheld at $27.90 per share, generating $97,483 in tax payment. After withholding, Brandman received roughly 6,785 net shares (10,279 converted − 3,494 withheld).
• These entries are award/vesting and tax-withholding transactions (not an open-market sale or purchase) and are routine administrative actions associated with RSU vesting.

Key Details

• Transaction date: March 6, 2026; Form 4 filed March 9, 2026 (filed within the standard reporting window).
• Reported amounts/prices: 10,279 RSU shares converted; 3,494 shares withheld to cover taxes at $27.90/share = $97,483.
• Filing lines/codes: M = exercise/conversion of derivative (RSU conversion), F = tax withholding (securities withheld), A = grant/award (the filing also shows an A-line for 10,753 derivative shares).
• Net shares received (based on conversion and withholding): ~6,785 shares. The filing does not disclose total shares beneficially owned by Brandman after these transactions.
• Footnotes: RSUs convert one-for-one into common stock; withholding of shares was used to satisfy tax liability; the RSUs were originally granted March 7, 2025 (30,839 RSUs vesting in three equal annual installments), with one-third vesting on March 6, 2026.

Context

• This was a vesting/conversion of RSUs with company withholding to pay taxes (common, administrative). It is not an open-market sale or a purchase that would signal an immediate change in insider conviction.
• For retail investors: purchases or outright open-market buys by insiders tend to be more informative than routine vesting and withholding events.