Floor & Decor EVP surrenders shares for taxes
Floor & Decor Holdings, Inc. executive David Victor Christopherson, EVP, CAO & CLO, reported several Form 4 transactions involving Class A common stock.
Rhea-AI Filing Summary
Floor & Decor Holdings, Inc. executive David Victor Christopherson, EVP, CAO & CLO, reported several Form 4 transactions involving Class A common stock. On February 26–27, 2026, he surrendered shares underlying restricted stock units to cover tax withholding obligations upon RSU vesting, coded as tax-withholding dispositions (Code F) rather than open-market sales. Following these transactions, he directly owned 24,860 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 2,498 shares
Exercise Price or Tax Liability
3 txns
Insider
Christopherson David Victor
Role
EVP, CAO & CLO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A common stock, par value $0.001 | 575 | $69.09 | $40K |
| Exercise Price or Tax Liability | Class A common stock, par value $0.001 | 1,219 | $69.09 | $84K |
| Exercise Price or Tax Liability | Class A common stock, par value $0.001 | 704 | $70.14 | $49K |
Holdings After Transaction:
Class A common stock, par value $0.001 — 24,860 shares (Direct)
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 insider transaction did FND executive David Christopherson report?
David Victor Christopherson reported tax-related share dispositions linked to restricted stock units. On February 26–27, 2026, he surrendered Floor & Decor Class A shares to satisfy RSU tax withholding obligations, recorded under transaction code F, rather than executing open-market stock sales.
Was the FND Form 4 transaction an open-market stock sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares underlying restricted stock units were surrendered to cover Christopherson’s tax liability upon RSU vesting, a transaction type exempt under Rule 16b-3(e) and categorized with code F on the filing.
What is transaction code F in the FND insider filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, Christopherson delivered Floor & Decor shares underlying restricted stock units to satisfy tax withholding due at vesting, rather than paying the obligation in cash.
What role does David Christopherson hold at Floor & Decor (FND)?
David Victor Christopherson serves as Executive Vice President, Chief Accounting Officer, and Chief Legal Officer at Floor & Decor Holdings, Inc. His Form 4 filing reflects personal equity compensation activity and related tax-withholding dispositions tied to his restricted stock unit awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.