Christopherson David Victor 4
Research Summary
AI-generated summary
Floor & Decor (FND) EVP David Christopherson Surrenders RSUs for Taxes
What Happened
David Victor Christopherson, EVP, CAO & CLO of Floor & Decor (FND), had a total of 2,498 restricted stock units (RSUs) withheld to satisfy tax withholding obligations upon vesting. The withholding occurred on Feb 26–27, 2026, comprising 704 shares at $70.14 ($49,379), 575 shares at $69.09 ($39,727), and 1,219 shares at $69.09 ($84,221), for aggregate value of roughly $173,327. These were not open-market sales but shares surrendered to cover taxes.
Key Details
- Transaction dates and prices: 2026-02-26 (704 shares @ $70.14); 2026-02-27 (575 shares @ $69.09 and 1,219 shares @ $69.09).
- Total shares surrendered: 2,498; total value ≈ $173,327.
- Transaction code: F (tax withholding on vested RSUs). Footnote: RSUs were surrendered to satisfy tax withholding; the deemed disposition is exempt under Rule 16b-3(e).
- Shares owned after the transaction: not specified in this filing.
- Filing: Form 4 filed 2026-03-02 (appears timely given the Feb 26–27 transaction dates).
Context: This is a routine tax-withholding disposition of vested RSUs rather than an open-market sale or purchase. Such withholdings are administrative and do not by themselves indicate an insider’s view on the company’s stock.