4Filed Aug 5, 8:00 PM ET
Floor & Decor (FND) EVP John Adamson Surrenders 907 Shares for Taxes
$FND · Floor & Decor Holdings, Inc.Research Summary
AI-generated summary of this SEC filing
Floor & Decor (FND) EVP John Adamson Surrenders 907 Shares for Taxes
What Happened
- John J. Adamson, EVP & CIO of Floor & Decor Holdings, surrendered 907 shares to satisfy tax withholding upon the vesting of restricted stock. The shares were valued at $62.69 each, totaling approximately $56,860. This was a tax-withholding disposition, not an open-market sale.
Key Details
- Transaction date: 2026-08-05; filing date: 2026-08-06 (timely under Section 16 reporting rules).
- Price per share: $62.69; shares surrendered: 907; total value: ~$56,860.
- Transaction code: F (payment of exercise price or tax liability); the withheld shares are a deemed disposition exempt under Rule 16b-3(e) (Footnote F1).
- Footnote F2: This filing corrects an earlier reporting omission and gives effect to this transaction plus previously reported transactions (including a 5,122-share acquisition reported on 2026-02-25).
- Shares owned after the transaction: not specified in the information provided in this summary.
Context
- This was a routine tax-withholding action following restricted stock vesting (common for employee equity awards) rather than a voluntary sale or purchase. Such withholding transactions are administrative and do not necessarily signal insider sentiment about the company.