SAYMAN ERSAN 4
4 · Floor & Decor Holdings, Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Floor & Decor EVP Ersan Sayman Surrenders RSUs to Cover Taxes
What Happened
Ersan Sayman, EVP — Merchandising at Floor & Decor (FND), surrendered 1,098 restricted stock units (RSUs) to satisfy tax withholding when those RSUs vested. The transactions were reported as withholding (tax) dispositions, not open-market sales: 340 shares at $70.14 ($23,848), 218 shares at $69.09 ($15,062), and 540 shares at $69.09 ($37,309), totaling roughly $76,219.
Key Details
- Transaction dates and prices:
- 2026-02-26: 340 shares @ $70.14 — $23,848
- 2026-02-27: 218 shares @ $69.09 — $15,062
- 2026-02-27: 540 shares @ $69.09 — $37,309
- Transaction code: F — shares surrendered to satisfy tax withholding on RSU vesting.
- Footnote: The withheld shares are a deemed disposition exempt under Rule 16b-3(e) (routine tax withholding on awards).
- Filing: Form 4 filed 2026-03-02. Based on the transaction dates, this appears to be within the two-business-day reporting window.
- Shares owned after the transactions: Not specified in the provided filing details.
Context
This was a routine tax-withholding event (common when RSUs vest) rather than an open-market sale or a purchase. Such withholdings are administrative and generally not considered a directional insider signal about company prospects.
Insider Transaction Report
- Tax Payment
Class A common stock, par value $0.001
[F1]2026-02-26$70.14/sh−340$23,848→ 51,997 total - Tax Payment
Class A common stock, par value $0.001
[F1]2026-02-27$69.09/sh−218$15,062→ 51,779 total - Tax Payment
Class A common stock, par value $0.001
[F1]2026-02-27$69.09/sh−540$37,309→ 51,239 total
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).