Floor & Decor (FND) Executive Chair Thomas V. Taylor Exercises Options, Sells Shares

What Happened

• Thomas V. Taylor, Executive Chair and Director of Floor & Decor Holdings, exercised stock options with a $21.00 strike and sold shares the same day. On 2026-08-07 he acquired 218,189 shares by exercise (cost $4,581,969) and sold those 218,189 shares in the open market for a weighted-average $62.30, producing $13,593,175 in gross proceeds.
• The filing also reports additional derivative-related dispositions on 2026-08-07: 32,879 shares (disposed) at $21.00 ($690,459) and 185,310 shares (disposed) at $21.00 ($3,891,510). On 2026-08-06 he made a gift of 16,969 shares to an adult child.

Key Details

• Transaction dates: Aug 6, 2026 (gift) and Aug 7, 2026 (exercises/conversions and sale).
• Prices: exercise strike $21.00; sale weighted-average price $62.30 (sales ranged from $61.60 to $63.06 per footnote).
• Values reported: exercise cost for 218,189 shares $4,581,969; sale proceeds $13,593,175; additional derivative dispositions $690,459 and $3,891,510.
• Footnotes: F1 = gift to an adult child; F2 = sale price is weighted average across multiple trades ($61.60–$63.06); F3 = corrects prior Form 4 holdings reporting; F4 = option vesting schedule and April 27, 2027 expiration.
• Filing timeliness: Form filed 2026-08-10 for transactions on Aug 6–7; this filing appears to be within the SEC’s 2-business-day Form 4 window for these dates.

Context

• This was an exercise of vested options followed by immediate sales (shares sold same day), commonly a cashless exercise/monetization of expiring options rather than a new long-term buy signal.
• The Aug 6 gift is a personal transfer to a family member and does not, by itself, indicate market sentiment.
• For exact post-transaction beneficial ownership, refer to the Form 4 Column 5 and the corrective footnote (F3) in the filing.