Floor & Decor (FND) EVP Adamson exercised options, sold 4,240 shares at $79.219
Rhea-AI Filing Summary
John J. Adamson, EVP & CIO of Floor & Decor Holdings, Inc. (FND), reported both an option exercise and a sale on 08/07/2025. He exercised 4,240 stock options with an exercise price of $21.00 per share and acquired 4,240 Class A shares. The filing also shows a sale of 4,240 Class A shares at $79.219 per share. After the reported transactions the form lists 21,587 shares following the acquisition line and 17,347 shares following the sale line; Table II reports 17,099 derivative securities beneficially owned following the transactions. The filing explicitly states the reported option is fully vested and exercisable. The report identifies the filer as an officer and indicates direct ownership for the reported positions.
Positive
- Option exercise disclosed: 4,240 options were exercised at an exercise price of $21.00 per share.
- Vested status confirmed: the filing states the reported option is fully vested and exercisable.
Negative
- Insider sale disclosed: 4,240 Class A shares were sold at $79.219 per share.
- Net beneficial ownership decreased on the sale line: the filing lists 17,347 shares following the reported sale.
Insights
TL;DR: Insider exercised 4,240 options at $21 and sold 4,240 shares at $79.219; routine compensation liquidity event.
The filing documents a simultaneous exercise and sale for the same number of shares, showing an exercise price of $21.00 and a sale price of $79.219. The transactions changed the reported beneficial ownership figures to 21,587 and then 17,347 shares on the two non-derivative lines, with 17,099 derivative securities shown in Table II. This pattern is consistent with option exercises followed by disposition of shares; the filing notes the option was fully vested and exercisable. Impact on valuation is not stated and depends on total outstanding stock and market reaction.
TL;DR: Officer disclosure shows standard exercise and sale activity; disclosure appears complete and notes vested status.
The Form 4 identifies the reporting person as an officer (EVP & CIO) and reports both acquisition via option exercise and an equal-sized sale on the same date. The form explicitly states the option is fully vested and exercisable, which addresses common governance transparency concerns. The filing is signed under power of attorney per the report. There are no other governance actions or departures disclosed in this document.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 4,240 | $0.00 | -- |
| Exercise | Class A common stock, par value $0.001 | 4,240 | $21.00 | $89K |
| Sale | Class A common stock, par value $0.001 | 4,240 | $79.219 | $336K |
Footnotes (1)
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