Floor & Decor EVP granted 7,317 RSUs in stock
DENNY STEVEN ALAN reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
DENNY STEVEN ALAN reported acquisition or exercise transactions in this Form 4 filing.
Floor & Decor Holdings executive Steven Alan Denny received an equity award in the form of restricted stock units. He was granted 7,317 RSUs of Class A common stock at a reference price of $68.34 per share, increasing his directly held Class A shares to 26,222.
The RSUs represent a right to receive one share of Class A common stock for each unit and will vest in three equal installments on February 23, 2027, February 23, 2028, and February 23, 2029, aligning his compensation with longer-term company performance.
Positive
- None.
Negative
- None.
Insights
Executive received time-vested RSU grant, a routine long-term incentive award.
Executive vice president Steven Alan Denny was granted 7,317 restricted stock units of Floor & Decor Holdings Class A common stock. The award is classified as a grant or other acquisition, not an open-market purchase, and lifts his directly held Class A shares to 26,222.
The RSUs vest ratably on February 23, 2027, February 23, 2028, and February 23, 2029, encouraging multi-year retention and performance focus. As a standard equity compensation event with no disclosed sale, this appears neutral from an investment thesis perspective.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock, par value $0.001 | 7,317 | $68.34 | $500K |
Footnotes (1)
- F1. Comprised of Restricted Stock Units ("RSUs") that represent a contingent right to receive one share of the Issuer's Class A common stock. The RSUs vest ratably on February 23 of each of 2027, 2028, and 2029.
FAQ
What did Floor & Decor (FND) executive Steven Alan Denny report in this Form 4?
What type of security did Steven Alan Denny acquire in Floor & Decor (FND)?
How many Floor & Decor (FND) RSUs were granted to Steven Alan Denny and at what price?
When do Steven Alan Denny’s Floor & Decor (FND) RSUs vest?
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