Equity award to Floor & Decor (NYSE: FND) EVP Ersan Sayman
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SAYMAN ERSAN reported acquisition or exercise transactions in this Form 4 filing.
Floor & Decor Holdings EVP Ersan Sayman received an equity award of 7,317 restricted stock units (RSUs) of Class A common stock at a reference price of $68.34 per share. These RSUs give a contingent right to one share each and vest in three equal installments on February 23 of 2027, 2028, and 2029. Following this grant, Sayman directly holds 58,393 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SAYMAN ERSAN
Role
EVP - MERCHANDISING
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock, par value $0.001 | 7,317 | $68.34 | $500K |
Holdings After Transaction:
Class A common stock, par value $0.001 — 58,393 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Floor & Decor (FND) report for Ersan Sayman?
Floor & Decor (FND) reported that EVP of Merchandising Ersan Sayman received a grant of 7,317 restricted stock units of Class A common stock. These units represent a contingent right to receive shares as they vest over time under the company’s equity compensation program.
What are the vesting terms of Ersan Sayman’s new Floor & Decor (FND) RSUs?
The 7,317 restricted stock units granted to Ersan Sayman at Floor & Decor (FND) vest ratably on February 23 of 2027, 2028, and 2029. Each vesting date delivers one-third of the award, assuming continued satisfaction of the applicable vesting conditions.
Is Ersan Sayman’s Floor & Decor (FND) transaction a stock purchase or an award?
The transaction for Ersan Sayman at Floor & Decor (FND) is an equity award, not an open-market stock purchase. It is classified as a grant or award acquisition of 7,317 restricted stock units, issued as part of compensation rather than bought on the stock market.
What type of security was granted to Ersan Sayman by Floor & Decor (FND)?
Floor & Decor (FND) granted Ersan Sayman restricted stock units tied to its Class A common stock, par value $0.001 per share. Each RSU represents a contingent right to receive one share of Class A common stock as the award vests on the specified future dates.