DENNY STEVEN ALAN 4
4 · Floor & Decor Holdings, Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Floor & Decor (FND) EVP Denny Alan Surrenders 1,033 Shares for Taxes
What Happened
Denny Steven Alan, EVP – Store Operations at Floor & Decor (FND), surrendered a total of 1,033 restricted stock units (RSUs) to satisfy tax withholding upon vesting. The withholding entries were: 276 shares @ $70.14 on 2026-02-26 ($19,359), 218 shares @ $69.09 on 2026-02-27 ($15,062), and 539 shares @ $69.09 on 2026-02-27 ($37,240). The combined value of the withheld shares is approximately $71,661. This was a tax-withholding disposition of vested RSUs, not an open-market sale.
Key Details
- Transaction dates and prices:
- 2026-02-26: 276 shares @ $70.14 = $19,359
- 2026-02-27: 218 shares @ $69.09 = $15,062
- 2026-02-27: 539 shares @ $69.09 = $37,240
- Total shares surrendered: 1,033; total value ≈ $71,661.
- Filing: Form 4 filed 2026-03-02 reporting transactions on 2026-02-26 and 2026-02-27. (No late-filing flag provided in the supplied data.)
- Shares owned after the reported transactions: not specified in the provided filing summary.
- Footnote: The transactions represent RSU shares surrendered to satisfy tax withholding upon vesting. The deemed disposition of the withheld shares is exempt under Rule 16b-3(e) (routine tax withholding).
Context
This was a routine tax-withholding transaction tied to RSU vesting (a common occurrence when equity awards vest). Such withholding does not necessarily signal the insider’s view on the company’s prospects, since the shares were surrendered to cover taxes rather than sold in the open market for liquidity or investment reasons.
Insider Transaction Report
- Tax Payment
Class A common stock, par value $0.001
[F1]2026-02-26$70.14/sh−276$19,359→ 19,888 total - Tax Payment
Class A common stock, par value $0.001
[F1]2026-02-27$69.09/sh−218$15,062→ 19,670 total - Tax Payment
Class A common stock, par value $0.001
[F1]2026-02-27$69.09/sh−539$37,240→ 19,131 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).