L. Reade Fahs compensation by year
National Vision Summary Compensation Table · all 10 fiscal years held| Component | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Salary | $605,221 | $700,346 | $900,000 | $919,211 | $743,827 | $975,386 | $991,196 | $1,000,000 | $1,013,846 | $908,154 |
| Bonus | $0 | $0 | $0 | $0 | $83,849 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $0 | $0 | $0 | $1,125,024 | $1,687,551 | $2,062,508 | $3,250,006 | $6,000,007 | $4,000,011 | $4,313,738 |
| Option awards | $0 | $0 | $0 | $1,125,001 | $562,508 | $687,505 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $503,074 | $574,249 | $688,635 | $1,281,776 | $871,151 | $1,967,300 | $0 | $1,578,900 | $0 | $2,024,980 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $16,911 | $23,240 | $14,035 | $36,815 | $27,442 | $35,791 | $32,100 | $38,531 | $38,806 | $43,824 |
| Total | $1,125,206 | $1,297,835 | $1,602,670 | $4,487,827 | $3,976,328 | $5,728,490 | $4,273,302 | $8,617,438 | $5,052,663 | $7,290,696 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: National Vision Holdings, Inc. DEF 14A filed May 4, 2026, accession 0001140361-26-018642, and prior-year filings. Open the filing on EDGAR.
How this page was built: the National Vision Holdings, Inc. filed document, accession 0001140361-26-018642. Every figure is read from that document and cited to the page and table it appears in. Filed May 4, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 328,948 | $8,536,201 | — |
| PSU | 268,938 | $6,978,941 | — |
| RSU | 164,474 | $4,268,100 | — |
| PSU | 84,962 | $2,204,764 | — |
| RSU | 56,642 | $1,469,860 | — |
| RSU | 44,823 | $1,163,157 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in National Vision Holdings, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments National Vision discloses, by trigger · FY2026| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Retirement | $0 | $2,772,438 | $0 | $2,772,438 |
| Disability | $0 | $16,863,452 | $0 | — |
| Death | $0 | $16,863,452 | $0 | — |
| Change in control and involuntary termination | $4,639,980 | $20,075,205 | $1,071 | — |
| Involuntary termination without cause | $3,754,980 | $0 | $714 | — |
Per the Potential Payments Upon Termination or Change in Control table in National Vision Holdings, Inc.'s FY2026 proxy. Estimates as the company printed them; a dash means it printed no figure.
National Vision’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| L. Reade Fahs · this page | Executive Chairman | $7,290,696 |
| Alexander Wilkes | Chief Executive Officer and Director | $5,198,862 |
| Mark Banner | President of America's Best | $2,277,281 |
| Christopher Laden | Chief Financial Officer | $2,198,659 |
| Jared Brandman | Chief Legal & Strategy Officer, Corporate Secretary | $2,060,916 |
| Bill Clark | Chief People Officer | $1,638,246 |
| Melissa Rasmussen | Former Chief Financial Officer | $1,452,952 |
| Patrick Moore | Special Advisor, Former Interim Chief Financial Officer | $156,665 |
Board service
National Vision board · FY2021–FY2025How this board is paid
Company policy: National Vision pays directors a $80,000 cash retainer and $170,000 in RSUs. As stated in National Vision's FY2025 proxy.
The full National Vision compensation record
free company briefThis page is one person within National Vision's record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the National Vision proxy · each links to its own free briefCompensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are National Vision's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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