Floor & Decor EVP reports RSU tax share surrenders
Floor & Decor Holdings, Inc. executive vice president and chief information officer John J. Adamson reported two small share disposals related to tax withholding on vested restricted stock units.
Rhea-AI Filing Summary
Floor & Decor Holdings, Inc. executive vice president and chief information officer John J. Adamson reported two small share disposals related to tax withholding on vested restricted stock units. On February 26, 154 Class A shares at $70.14 were surrendered, followed by 254 shares at $69.09 on February 27. After these transactions, he held 17,377 shares directly. The footnote explains these were shares underlying RSUs surrendered to cover tax obligations, and the deemed dispositions are exempt under Rule 16b-3(e), indicating they were administrative, not open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A common stock, par value $0.001 | 254 | $69.09 | $18K |
| Exercise Price or Tax Liability | Class A common stock, par value $0.001 | 154 | $70.14 | $11K |
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 John J. Adamson report in this Form 4?
What is the transaction code F used in the Floor & Decor (FND) Form 4?
Were Adamson’s Floor & Decor (FND) transactions open-market sales?
What role does John J. Adamson hold at Floor & Decor (FND)?
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