Floor & Decor (NYSE: FND) EVP granted 5,122 RSUs vesting 2027-2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Adamson John J reported acquisition or exercise transactions in this Form 4 filing.
Floor & Decor Holdings, Inc. executive vice president and chief information officer John J. Adamson received an equity award of 5,122 shares of Class A common stock in the form of restricted stock units at a reference price of $68.34 per share. These RSUs each represent a right to receive one share of Class A common stock and will vest in three equal installments on February 23 of 2027, 2028, and 2029, subject to continued service and applicable conditions. Following this award, Adamson directly holds 22,469 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Adamson John J
Role
EVP & CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock, par value $0.001 | 5,122 | $68.34 | $350K |
Holdings After Transaction:
Class A common stock, par value $0.001 — 22,469 shares (Direct)
Footnotes (1)
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FAQ
What did Floor & Decor (FND) EVP John Adamson receive in this Form 4 filing?
John J. Adamson received 5,122 restricted stock units, each representing one share of Class A common stock. The grant reflects equity-based compensation and increases his direct holdings to 22,469 shares after the award.
At what price were John Adamson’s FND RSUs granted in this transaction?
The RSUs were reported with a reference price of $68.34 per share. This price is used for reporting purposes and does not necessarily represent a cash purchase, since the transaction reflects an equity grant, not an open-market buy.
What is the vesting schedule for John Adamson’s 5,122 FND RSUs?
The 5,122 restricted stock units vest ratably on February 23 of 2027, 2028, and 2029. This means one-third of the units convert into Class A shares each year, assuming continued satisfaction of applicable service conditions.
Is John Adamson’s FND Form 4 transaction a stock purchase or a grant?
The transaction is a grant of restricted stock units classified as an acquisition under code “A.” It represents equity compensation rather than an open-market stock purchase, and the units vest over time instead of being immediately tradable.