FND.NYSEFloor & Decor Holdings, INC

Form 4: Floor & Decor EVP John Adamson Reports Stock Disposals to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing

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John Adamson, EVP & CIO of Floor & Decor Holdings, Inc., reported disposing of shares to cover tax withholding obligations upon the vesting of restricted stock units.

Summary

  • On February 28, 2025, John Adamson disposed of 487 shares of Class A common stock at a price of $96.63 to cover tax obligations.
  • Following this transaction, Adamson directly owns 17,461 shares of Class A common stock.
  • On March 1, 2025, Adamson disposed of 114 shares of Class A common stock at a price of $96.63 to cover tax obligations.
  • Following this transaction, Adamson directly owns 17,347 shares of Class A common stock.
  • The disposals were exempt under Rule 16b-3(e) as they were related to tax withholding upon the vesting of restricted stock units (RSUs).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

This is a routine Form 4 filing related to executive stock transactions for tax purposes, common among 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

DateDescription
02/28/2025Disposal of 487 shares of Class A common stock at $96.63 per share for tax obligations.
03/01/2025Disposal of 114 shares of Class A common stock at $96.63 per share for tax obligations.
03/04/2025Date of signature by Power of Attorney.

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