Banner Mark 4

What Happened

• Mark Banner, President of America's Best (a division of National Vision Holdings, ticker EYE), had 13,706 restricted stock units (RSUs) convert into common stock on March 6, 2026. Of those vested shares, 4,133 were withheld to satisfy tax withholding at $27.90/share (total value $115,311). The net result was an acquisition of 10,753 shares into Banner’s holdings.
• Transaction codes shown on the Form 4: M = conversion/exercise of derivative (the RSUs vesting), F = shares withheld to pay tax liability, A = award/acquisition (net shares delivered).

Key Details

• Transaction date: March 6, 2026; Form 4 filed March 9, 2026 (filed timely).
• Gross RSUs vested: 13,706 shares (one-third of a 41,119 RSU grant made Mar 7, 2025).
• Shares withheld for taxes: 4,133 shares at $27.90/share = $115,311.
• Net shares acquired: 10,753 shares (delivered to the insider).
• Shares owned after the transaction: not specified in the provided excerpt.
• Footnotes: RSUs convert 1-for-1 into common stock; withholding reflects tax payment upon vesting; the RSUs vest in three equal annual installments beginning Mar 7, 2026 (one-third vested Mar 6, 2026 per footnote).

Context

• This was a vesting of previously granted RSUs (a non-cash compensation event), not an open-market buy or sell. The withholding of shares to cover taxes is a routine administrative step and does not necessarily signal a trading decision.
• For retail investors, RSU vesting increases insider ownership but is generally considered compensation rather than a new purchase indicating extra confidence.