Floor & Decor Holdings, Inc.·4

Mar 2, 4:05 PM ET

TAYLOR THOMAS V 4

Research Summary

AI-generated summary

Updated

Floor & Decor (FND) Exec Chair Thomas V. Taylor Sells Shares

What Happened Thomas V. Taylor, Executive Chair and director of Floor & Decor Holdings, reported the disposition of 16,148 shares as payment of tax withholding on vested RSUs. The filings show three withholding dispositions: 3,016 shares on 2026-02-26 at $70.14 ($211,542); 2,870 shares on 2026-02-27 at $69.09 ($198,288); and 10,262 shares on 2026-02-27 at $69.09 ($709,002). The combined value of the withheld shares is approximately $1,118,832. These were surrendered to satisfy tax obligations related to RSU vesting (not an open-market sale).

Key Details

  • Transaction types: Reported as "payment of exercise price or tax liability" (code F) — RSU tax withholding.
  • Dates and prices:
    • 2026-02-26: 3,016 shares @ $70.14 = $211,542
    • 2026-02-27: 2,870 shares @ $69.09 = $198,288
    • 2026-02-27: 10,262 shares @ $69.09 = $709,002
  • Total shares surrendered: 16,148; total value ≈ $1,118,832.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnote: F1 — Shares represent RSUs surrendered to satisfy tax withholding upon vesting; deemed disposition of withheld shares is exempt under Rule 16b-3(e).
  • Filing date: 2026-03-02 (check the Form 4 for any timeliness notes; none specified here).

Context These transactions reflect routine tax-withholding on RSU vesting rather than an intentional open-market sale or purchase. Such withholding dispositions are common and are generally considered administrative — they do not necessarily signal the insider’s view of the company’s prospects.