TAYLOR THOMAS V 4

What Happened

• Thomas V. Taylor, Executive Chair and director of Floor & Decor (FND), had 3,593 shares withheld to cover tax obligations upon RSU vesting (3,593 shares × $69.61 = $250,109) and was credited with 12,537 shares as a performance-based RSU sub‑tranche (acquired at $0.00).
• The withheld shares were a tax-withholding disposition (not an open‑market sale). The 12,537 awarded shares are part of a performance award and remain subject to time‑based vesting.

Key Details

• Transaction date(s): 2026-02-24; Filing date: 2026-02-26 (appears timely; Form 4 usually must be filed within 2 business days).
• Withheld/disposed: 3,593 shares at $69.61 each — total value ≈ $250,109 (code F: tax withholding).
• Acquired: 12,537 RSUs at $0.00 (code A: grant/award).
• Shares owned after transaction: Not specified in the information provided.
• Footnotes:
  • F1: The 3,593 shares were surrendered to satisfy withholding on vested RSUs; the deemed disposition is exempt under Rule 16b‑3(e).
  • F2: The 12,537 shares are one sub‑tranche of a performance award granted 2/24/2025; award payout was certified 2/19/2026 and remains subject to time‑based vesting through the end of the third anniversary of the grant.

Context

• The 3,593-share "sale" was a tax-withholding action (routine administrative step) rather than an open-market sale; such withholding is common and not a clear signal of insider sentiment.
• The 12,537 RSUs represent a performance award that has been earned/certified but still vests over time — these are potential future shares rather than immediately tradable stock.