Form 4: Floor & Decor EVP John Adamson Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
EVP and CIO of Floor & Decor Holdings, John Adamson, reports disposing of shares to cover tax withholding obligations upon vesting of restricted stock units.
Summary
- On February 26, 2025, John Adamson, EVP & CIO of Floor & Decor Holdings, disposed of 155 shares of Class A common stock at a price of $102.41 per share to cover tax obligations.
- Following this transaction, Adamson directly owns 18,205 shares.
- On February 27, 2025, Adamson disposed of 257 shares of Class A common stock at a price of $96.82 per share for the same reason.
- Following this transaction, Adamson directly owns 17,948 shares.
Sentiment
Score: 7
Explanation: The document reflects routine transactions related to executive compensation and tax obligations, which are neither particularly positive nor negative. The transactions are expected and do not indicate any fundamental issues with the company.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations and do not represent a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Disposal of 155 shares of Class A common stock at $102.41 per share. |
| 02/27/2025 | Disposal of 257 shares of Class A common stock at $96.82 per share. |
| 02/28/2025 | Date of signature by Power of Attorney. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.