Executive at Floor & Decor (NYSE: FND) awarded 8,780 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Christopherson David Victor reported acquisition or exercise transactions in this Form 4 filing.
Floor & Decor Holdings, Inc. executive David Victor Christopherson, EVP, CAO & CLO, received a grant of 8,780 shares of Class A common stock in the form of Restricted Stock Units at a reference price of $68.34 per share. These RSUs represent a right to receive one share each and will vest in three equal installments on February 23 of 2027, 2028, and 2029. After this award, he holds 34,781 shares of Class A common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Christopherson David Victor
Role
EVP, CAO & CLO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock, par value $0.001 | 8,780 | $68.34 | $600K |
Holdings After Transaction:
Class A common stock, par value $0.001 — 34,781 shares (Direct)
Footnotes (1)
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FAQ
What did Floor & Decor (FND) executive David Christopherson receive in this Form 4?
David Christopherson received 8,780 Restricted Stock Units tied to Floor & Decor Class A common stock. Each RSU represents a contingent right to one share, granted at a reference price of $68.34 per share as part of his equity compensation.
How do the RSUs granted to Floor & Decor (FND) EVP David Christopherson vest?
The 8,780 RSUs granted to David Christopherson vest in three equal installments. They vest ratably on February 23 of 2027, 2028, and 2029, meaning one-third of the award becomes deliverable as shares on each of those three vesting dates.
Is the Floor & Decor (FND) Form 4 transaction a stock purchase or an award?
The transaction is reported as a grant or award acquisition, not an open-market stock purchase. Christopherson received 8,780 Restricted Stock Units as equity compensation, classified under a grant, award, or other acquisition code, rather than buying shares on the market.
What type of security was involved in this Floor & Decor (FND) insider transaction?
The security involved is Floor & Decor Class A common stock with a par value of $0.001 per share. The grant was made in the form of Restricted Stock Units, each representing a contingent right to receive one share of this Class A common stock upon vesting.