Floor & Decor (NYSE: FND) EVP nets RSU award and withholds shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Floor & Decor Holdings EVP merchandising Ersan Sayman reported routine equity compensation activity involving restricted stock units. On 2/24/2026, he surrendered 693 shares of Class A common stock at a deemed price of $69.61 per share to cover tax withholding on vested RSUs, a disposition treated as exempt under Rule 16b-3(e).
On the same date, he acquired 1,954 shares through a granted sub-tranche of a performance award originally granted on 2/24/2025, which became 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. Following these transactions, his directly held stake increased to 52,337 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SAYMAN ERSAN
Role
EVP - MERCHANDISING
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A common stock, par value $0.001 | 693 | $69.61 | $48K |
| Grant/Award | Class A common stock, par value $0.001 | 1,954 | $0.00 | -- |
Holdings After Transaction:
Class A common stock, par value $0.001 — 50,383 shares (Direct)
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.
FAQ
What insider transactions did Floor & Decor (FND) EVP Ersan Sayman report?
Ersan Sayman reported two equity compensation-related transactions on 2/24/2026: surrendering 693 shares to cover tax withholding on vested RSUs and acquiring 1,954 shares from a performance award sub-tranche that had met its performance conditions and remains subject to time-based vesting.
What stock award did the Floor & Decor (FND) EVP receive in this Form 4?
He acquired 1,954 shares of Class A common stock from one sub-tranche of a performance award granted on 2/24/2025. The award was earned after performance conditions were certified on 2/19/2026 and remains subject to additional time-based vesting requirements until the third anniversary of grant.
Were the Floor & Decor (FND) insider transactions open-market buys or sells?
Neither transaction was an open-market trade. The 693-share disposition was a tax-withholding surrender tied to RSU vesting, and the 1,954-share increase came from a grant or award sub-tranche of a performance-based equity grant, both categorized as compensation-related movements rather than market purchases or sales.