Floor & Decor (FND) EVP & CIO reports RSU tax withholding and performance award shares
Rhea-AI Filing Summary
Floor & Decor Holdings EVP & CIO John J. Adamson reported routine equity compensation activity. On 2/24/2026, he disposed of 253 shares of Class A common stock at a deemed price of $69.61 per share to cover tax withholding on vesting restricted stock units.
On the same date, he acquired 691 shares at $0.00 per share as part of a performance-based stock award granted on 2/24/2025. This sub-tranche was earned after performance conditions were certified on 2/19/2026 and remains subject to time-based vesting through the third anniversary of the grant date.
Positive
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Insights
Routine tax-withholding and performance RSU vesting with no open-market trading.
The transactions show John J. Adamson, EVP & CIO of Floor & Decor Holdings, managing standard equity compensation. He surrendered 253 shares at a deemed $69.61 to satisfy tax withholding triggered by RSU vesting, which is a non-discretionary, administrative disposition.
He simultaneously received 691 shares at $0.00 from a performance award granted on 2/24/2025, earned after meeting performance conditions certified on 2/19/2026. The award tranche still requires time-based service through the third anniversary of grant, so longer-term retention conditions remain in place.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A common stock, par value $0.001 | 253 | $69.61 | $18K |
| Grant/Award | Class A common stock, par value $0.001 | 691 | $0.00 | -- |
Footnotes (1)
- Represents shares underlying restricted stock units ("RSUs") surrendered to satisfy the reporting person's tax withholding obligation upon vesting of the RSUs. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e). Represents one sub-tranche of a performance award granted on 2/24/2025. The amount earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee, which certification occurred on 2/19/2026. The sub-tranche remains subject to time-based vesting conditions through the end of the third anniversary of the date of grant.