Adamson John J 4
4 · Floor & Decor Holdings, Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Floor & Decor (FND) EVP John J. Adamson Sells Shares to Cover Taxes
What Happened
John J. Adamson, EVP & CIO of Floor & Decor Holdings, surrendered a total of 408 shares underlying vested restricted stock units (RSUs) to satisfy tax withholding obligations. The transactions: 154 shares at $70.14 on 2026-02-26 ($10,802) and 254 shares at $69.09 on 2026-02-27 ($17,549), for an aggregate value of roughly $28,351. These were deemed dispositions to cover taxes (not open-market sales).
Key Details
- Transaction dates and prices:
- 2026-02-26: 154 shares @ $70.14 = $10,802
- 2026-02-27: 254 shares @ $69.09 = $17,549
- Total surrendered: 408 shares, ~ $28,351.
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: F1 — shares represent RSUs surrendered to satisfy tax withholding upon vesting; the deemed disposition is exempt under Rule 16b-3(e).
- Filing timeliness: Report filed 2026-03-02 for transactions on 2026-02-26 and 02-27 — the filing appears timely (within the two business-day Form 4 window).
Context
This was a tax-withholding event tied to RSU vesting (code F), a routine administrative transaction rather than an open-market sale or a purchase that signals a change in insider sentiment. Such withholdings are common when equity awards vest and do not necessarily reflect the insider’s view on the company’s stock.
Insider Transaction Report
- Tax Payment
Class A common stock, par value $0.001
[F1]2026-02-26$70.14/sh−154$10,802→ 17,631 total - Tax Payment
Class A common stock, par value $0.001
[F1]2026-02-27$69.09/sh−254$17,549→ 17,377 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).