FND CEO covers taxes by surrendering 2,461 shares
Floor & Decor Holdings, Inc. director and CEO Bradley Paulsen reported a routine tax-withholding share disposition related to vested equity awards.
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Rhea-AI Filing Summary
Floor & Decor Holdings, Inc. director and CEO Bradley Paulsen reported a routine tax-withholding share disposition related to vested equity awards. On the transaction date, 2,461 shares of Class A common stock were surrendered at a deemed price of $48.30 per share to cover his tax withholding obligation when restricted stock units vested.
The filing describes this as a tax-withholding disposition exempt under Rule 16b-3(e), not an open-market sale. After this transaction, Paulsen directly owns 82,549 shares of Class A common stock, so the withheld amount represents a relatively small portion of his overall holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A common stock, par value $0.001 | 2,461 | $48.30 | $119K |
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).
Key Figures
Key Terms
restricted stock units financial
tax withholding obligation financial
Rule 16b-3(e) regulatory
FAQ
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What did FND CEO Bradley Paulsen report in this Form 4 filing?
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