LANGLEY BRYAN 4

What Happened

• Bryan Langley, Chief Financial Officer of Floor & Decor Holdings, exercised stock options on May 18, 2026. He paid $9.99 per share to acquire 1,159 shares, for a total cash outlay of $11,578. The filing indicates the underlying shares were not sold after exercise.

Key Details

• Transaction date: 2026-05-18
• Exercise price and acquisition: 1,159 shares @ $9.99 = $11,578 (code M — option exercise)
• Filing date / report period: 2026-05-18 (filed same day)
• Shares owned after transaction: not specified in the provided filing excerpt
• Footnotes:
  • F1: This was a cash exercise of expiring stock options without a subsequent sale of the underlying shares.
  • F2: The options vested in five equal annual installments on Sept 30 of 2017–2021.
• No indication this filing was late.

Context

• This was a cash exercise (not a cashless exercise or an immediate sale), so Langley retained the acquired shares rather than selling them to cover exercise costs or taxes. For retail investors, exercises increase an insider’s shareholdings but do not necessarily signal a change in sentiment; the filing is a routine reporting of option exercise.