Floor & Decor EVP surrenders shares for taxes
Floor & Decor Holdings EVP & CIO John J Adamson reported a tax-withholding disposition of 907 shares of Class A common stock on August 5, 2026, surrendering restricted stock to cover taxes upon vesting rather than selling shares on the open market.
Rhea-AI Filing Summary
Floor & Decor Holdings EVP & CIO John J Adamson reported a tax-withholding disposition of 907 shares of Class A common stock on August 5, 2026, surrendering restricted stock to cover taxes upon vesting rather than selling shares on the open market. After this transaction, he directly holds 21,592 shares. A footnote explains that this holding figure also corrects earlier ownership reporting by giving effect to a previously reported 5,122-share restricted stock acquisition that had been inadvertently omitted from a prior Form 4 total.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A common stock, par value $0.001 F1, F2 | 907 | $62.69 | $57K |
Footnotes (2)
- F1. Represents shares of restricted stock surrendered to satisfy the reporting person's tax withholding obligation upon vesting of the restricted stock award. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e).
- F2. The amount reported in Column 5 of Table I of the reporting person's Form 4 filed on February 26, 2026 inadvertently omitted the effect of the acquisition of 5,122 shares reported on the Form 4 filed on February 25, 2026. The amount in this Form 4 gives effect to the transaction reported herein and all previously reported transactions.
Key Figures
Key Terms
restricted stock financial
tax withholding obligation financial
deemed disposition regulatory
Rule 16b-3(e) regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FND executive John J Adamson report on this Form 4?
Was John J Adamson’s FND Form 4 transaction an open-market sale?
What prior reporting correction is disclosed in Adamson’s FND Form 4 footnotes?
AI-generated analysis. How Rhea-AI works. Not financial advice.