Norman Axelrod (NYSE: FND) gets 2,195 RSUs, reports major holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Floor & Decor Holdings director Norman Axelrod reported an equity award of Class A common stock. On February 23, 2026, he acquired 2,195 shares through a grant of Restricted Stock Units (RSUs) valued at $68.34 per share. These RSUs represent a contingent right to receive one share of Class A common stock for each unit and will vest on February 23, 2027.
Following this grant, Axelrod directly holds 8,900 shares. He also reports indirect ownership of 260,961 shares through AS SKIP LLC, where he is the managing member, and 191,080 shares through the Alison K. Axelrod 2012 Family Trust, where he serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
AXELROD NORMAN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock, par value $0.001 | 2,195 | $68.34 | $150K |
| holding | Class A common stock, par value $0.001 | -- | -- | -- |
| holding | Class A common stock, par value $0.001 | -- | -- | -- |
Holdings After Transaction:
Class A common stock, par value $0.001 — 8,900 shares (Direct);
Class A common stock, par value $0.001 — 260,961 shares (Indirect, By AS SKIP LLC, of which Mr. Axelrod is the managing member.)
Footnotes (1)
- [object Object]
FAQ
What did Norman Axelrod report in his latest Form 4 for Floor & Decor (FND)?
Norman Axelrod reported receiving 2,195 Restricted Stock Units of Floor & Decor Class A common stock. The award was granted on February 23, 2026 at $68.34 per share and will vest on February 23, 2027, increasing his direct and reported indirect holdings.
How many Floor & Decor (FND) RSUs did Norman Axelrod receive and when do they vest?
He received 2,195 Restricted Stock Units representing a contingent right to Class A shares. These RSUs vest on February 23, 2027, meaning he will receive the underlying shares on that date if the vesting conditions are satisfied.
What indirect Floor & Decor (FND) holdings associated with Norman Axelrod are disclosed?
The filing reports 260,961 shares held indirectly through AS SKIP LLC, where Axelrod is managing member, and 191,080 shares held indirectly through the Alison K. Axelrod 2012 Family Trust, where he is trustee. These positions are disclosed as indirect beneficial ownership.
What transaction code and type are used for Norman Axelrod’s Floor & Decor (FND) grant?
The transaction is coded “A,” indicating a grant, award, or other acquisition of non-derivative securities. It reflects an equity award of Restricted Stock Units rather than an open-market purchase, with 2,195 units granted at a value of $68.34 per share.