Executive Chairman Reade sells 137,400 shares (20.1% of holdings) for $3.3M at EYE as stock declines 6.1% in 30 days
Fahs L. Reade, Executive Chairman of National Vision Holdings (EYE), executed 2 separate sales totaling 137,400 shares for $3,343,174.30, reducing his holdings by 20.1% from 682,195 to 544,795 shares. The sales occurred at a blended average price of $24.33, which sits above the current price of $22.94 but below the 52-week high of $25.48. The timing warrants attention: the company reported annual revenue growth of -14.3% and operated unprofitably over its most recent full fiscal year. Prior sales by this insider at EYE show no well-timed pattern (0 of 2 prior buys had positive 90-day returns), though his cross-ticker track record showed a 0.00% 90-day win rate on 2 prior buys with average 90-day return of -24.2%. The stock is down 6.1% over the past 30 days, placing it 10.0% below the 52-week high, suggesting this sale may have captured price levels near the upper end of recent trading ranges during a period of operational deterioration.