Floor & Decor chair exercises options, sells shares
Floor & Decor Holdings, Inc. Executive Chair Thomas V. Taylor reported an exercise-and-sell transaction and a gift of shares.
Rhea-AI Filing Summary
Floor & Decor Holdings, Inc. Executive Chair Thomas V. Taylor reported an exercise-and-sell transaction and a gift of shares. On August 7, 2026, he exercised stock options for 218,189 shares of Class A common stock at an exercise price of $21.00 per share, fully exhausting two option grants. Those 218,189 shares were then sold in open-market transactions at a weighted average price of $62.30 per share. On August 6, 2026, he also made a bona fide gift of 16,969 shares of Class A common stock held indirectly through the Taylor Grantor Retained Annuity Trust to an adult child.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 218,189 shares ($9.01M approx. pre-tax spread)
Exercise and Sale
5 txns
Insider
TAYLOR THOMAS V
Role
Executive Chair
Sold
218,189 shs ($13.59M)
Approx. gross sale proceeds
$13.59M
Approx. exercise cost
$4.58M
Approx. pre-tax spread
$9.01M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F4 | 32,879 | $21.00 | $690K |
| Exercise | Stock Options (right to buy) F4 | 185,310 | $21.00 | $3.89M |
| Exercise | Class A common stock, par value $0.001 | 218,189 | $21.00 | $4.58M |
| Sale | Class A common stock, par value $0.001 F2, F3 | 218,189 | $62.30 | $13.59M |
| Gift | Class A common stock, par value $0.001 F1 | 16,969 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 0 contracts (Direct);
Stock Options (right to buy) — 0 contracts (Direct);
Class A common stock, par value $0.001 — 16,969 shares (Indirect, By the Taylor Grantor Retained Annuity Trust, of which Mr. Taylor is the trustee.);
Class A common stock, par value $0.001 — 229,820 shares (Direct)
Footnotes (4)
- F1. Shares were gifted to an adult child of the reporting person.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.60 to $63.06, inclusive. The reporting person undertakes to provide to Floor & Decor Holdings, Inc., any security holder of Floor & Decor Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the range set forth in this footnote.
- F3. The amount reported in Column 5 of Table I of the reporting person's Form 4 filed on February 26, 2026 inadvertently omitted the effect of the acquisition of 36,582 shares reported on the Form 4 filed on February 25, 2026. The amount in this Form 4 gives effect to the transaction reported herein and all previously reported transactions.
- F4. The option vested as follows: 20% on April 26, 2020, and 40% on each of April 26, 2021 and 2022. The option was set to expire on April 27, 2027.
Key Figures
Shares sold: 218,189 shares
Weighted average sale price: $62.30 per share
Options exercised: 218,189 shares
+3 more
6 metrics
Shares sold
218,189 shares
Class A common stock sold on August 7, 2026
Weighted average sale price
$62.30 per share
Open-market sales on August 7, 2026; trades from $61.60 to $63.06
Options exercised
218,189 shares
Stock options exercised at $21.00 per share on August 7, 2026
Exercise price
$21.00 per share
Conversion or exercise price of the stock options
Gifted shares
16,969 shares
Bona fide gift on August 6, 2026 via Taylor Grantor Retained Annuity Trust
Option expiration date
April 27, 2027
Scheduled expiration of the exercised option grants
Key Terms
weighted average price, bona fide gift, Grantor Retained Annuity Trust, stock option, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Grantor Retained Annuity Trust financial
"By the Taylor Grantor Retained Annuity Trust, of which Mr. Taylor is the trustee."
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
stock option financial
"Stock Option (right to buy)"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Floor & Decor (FND) Executive Chair Thomas V. Taylor report in this Form 4?
Thomas V. Taylor reported exercising 218,189 stock options at $21.00 per share and selling 218,189 shares at a weighted average $62.30 on August 7, 2026, plus a 16,969-share gift on August 6, 2026.
What stock options did Thomas V. Taylor exercise in this Floor & Decor (FND) filing?
He exercised options covering 32,879 shares and 185,310 shares, in total 218,189 shares, each with an exercise price of $21.00 per share. The options had vested previously and were scheduled to expire on April 27, 2027.
Are the exercised Floor & Decor (FND) options still outstanding after this Form 4?
No. The filing shows the two option positions of 32,879 and 185,310 shares each with post-transaction holdings of 0 shares, indicating those specific expiring option grants were fully exercised and are no longer outstanding.
AI-generated analysis. How Rhea-AI works. Not financial advice.
