Floor & Decor CFO reports RSU tax share disposals
Floor & Decor Holdings EVP & CFO Bryan Langley reported small share disposals tied to tax withholding on equity awards.
Rhea-AI Filing Summary
Floor & Decor Holdings EVP & CFO Bryan Langley reported small share disposals tied to tax withholding on equity awards. On February 26–27, he surrendered 319, 273 and 270 shares of Class A common stock at prices around $69–$70 per share.
According to the footnote, these shares came from vested restricted stock units and were withheld to cover his tax obligations, rather than sold in open-market transactions. After the latest transaction on February 27, he directly owned 28,541 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 862 shares
Exercise Price or Tax Liability
3 txns
Insider
LANGLEY BRYAN
Role
EVP & CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A common stock, par value $0.001 | 273 | $69.09 | $19K |
| Exercise Price or Tax Liability | Class A common stock, par value $0.001 | 270 | $69.09 | $19K |
| Exercise Price or Tax Liability | Class A common stock, par value $0.001 | 319 | $70.14 | $22K |
Holdings After Transaction:
Class A common stock, par value $0.001 — 28,541 shares (Direct)
Footnotes (1)
- F1. 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).
FAQ
What did Floor & Decor (FND) executive Bryan Langley report on this Form 4?
Bryan Langley, EVP & Chief Financial Officer, reported three small dispositions of Class A common stock. The shares were surrendered to cover tax withholding on vested restricted stock units, rather than sold in the open market, and qualify as exempt under Rule 16b-3(e).
AI-generated analysis. How Rhea-AI works. Not financial advice.