PAULSEN BRADLEY 4
Research Summary
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Floor & Decor (FND) CEO Bradley Paulsen Surrenders 2,461 Shares for Taxes
What Happened Bradley Paulsen, CEO of Floor & Decor Holdings, surrendered 2,461 shares underlying vested restricted stock units (RSUs) to satisfy his tax withholding obligation. The shares were valued at $48.30 each, for a total of $118,866. This was a tax-withholding disposition of vested RSUs — a routine administrative transaction, not an open-market sale or a purchase.
Key Details
- Transaction date: May 5, 2026; Filing date: May 7, 2026 (filed within the typical two-business-day Form 4 window).
- Price: $48.30 per share; Total value: $118,866.
- Transaction code: F — payment of exercise price or tax liability (here, tax withholding on RSU vesting).
- Shares retained/owned after the transaction: not specified in the provided filing.
- Footnote: The surrendered shares represent RSUs withheld to cover taxes. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e) (see footnote F1).
Context Withholding shares to cover taxes on vested RSUs is common and generally considered administrative rather than a signal of the insider's view on the stock. This was not an open-market sale; the shares were surrendered to the company to satisfy withholding obligations.