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Floor & Decor Holdings, Inc.·4

Mar 2, 4:02 PM ET

SAYMAN ERSAN 4

Research Summary

AI-generated summary

Updated

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.