FND EVP logs RSU tax-withholding share dispositions
Floor & Decor Holdings EVP of Merchandising Ersan Sayman reported tax-related share dispositions tied to restricted stock unit (RSU) vesting.
Rhea-AI Filing Summary
Floor & Decor Holdings EVP of Merchandising Ersan Sayman reported tax-related share dispositions tied to restricted stock unit (RSU) vesting. On February 26, 2026 and February 27, 2026, RSUs were settled and a portion of the underlying Class A common shares was surrendered to satisfy tax withholding obligations.
These Form 4 entries, coded "F," reflect tax-withholding dispositions rather than open-market sales. Following the latest transaction on February 27, 2026, Sayman directly owned 51,239 shares of Floor & Decor Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 1,098 shares
Exercise Price or Tax Liability
3 txns
Insider
SAYMAN ERSAN
Role
EVP - MERCHANDISING
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A common stock, par value $0.001 | 218 | $69.09 | $15K |
| Exercise Price or Tax Liability | Class A common stock, par value $0.001 | 540 | $69.09 | $37K |
| Exercise Price or Tax Liability | Class A common stock, par value $0.001 | 340 | $70.14 | $24K |
Holdings After Transaction:
Class A common stock, par value $0.001 — 51,239 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 insider activity did FND executive Ersan Sayman report on this Form 4?
Ersan Sayman reported tax-withholding dispositions of Floor & Decor Class A shares linked to vested RSUs. Shares were surrendered to cover tax obligations, not sold in the open market, as indicated by transaction code F and the accompanying footnote.
What does transaction code F mean in this FND Form 4 filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. Here, it shows RSU-related shares were withheld or surrendered to cover Sayman’s tax obligations upon vesting of his restricted stock units.
What role does insider Ersan Sayman hold at Floor & Decor Holdings (FND)?
Ersan Sayman is reported as Executive Vice President – Merchandising at Floor & Decor Holdings. His Form 4 reflects equity compensation activity and related tax-withholding share dispositions in the company’s Class A common stock.
Does this FND Form 4 suggest a change in insider sentiment or just tax withholding?
The Form 4 reflects tax-withholding dispositions tied to RSU vesting rather than discretionary stock sales. Shares were delivered to satisfy tax obligations, so the filing mainly documents compensation-related mechanics, not a strategic change in Sayman’s ownership stance.
AI-generated analysis. How Rhea-AI works. Not financial advice.