Adamson John J 4

What Happened John J. Adamson, EVP & CIO of Floor & Decor Holdings, had two related transactions reported for 2026-02-24. He was credited with 691 shares as a sub-tranche of a performance-based restricted stock unit (RSU) award (no cash paid). At the same time, 253 shares were surrendered/treated as disposed to satisfy tax withholding on vesting at a price of $69.61 per share, totaling $17,611. The withholding disposition is routine and does not necessarily reflect a market sell decision.

Key Details

• Transaction dates: 2026-02-24 (reported on Form 4 filed 2026-02-26). Filing appears timely (within typical 2-business-day window).
• Disposition: 253 shares withheld for tax at $69.61 each = $17,611.
• Acquisition: 691 RSUs reported as granted/earned (acquisition value reported as $0 for grant).
• Footnotes:
  • F1: Withheld shares represent RSUs surrendered to satisfy tax withholding; deemed disposition exempt under Rule 16b-3(e).
  • F2: The 691 shares are one sub-tranche of a performance award originally granted 2/24/2025; payout was certified 2/19/2026 and remains subject to time-based vesting through the third anniversary of the grant.
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context

• These were not open-market purchases/sales but an award vesting event plus tax withholding. The 691 RSUs are performance-based and still subject to time vesting, so they are not immediately free-trading shares.
• Withholding of shares to cover taxes is a common administrative step and is generally considered routine rather than an indicator of insider sentiment.