Form 4: Floor & Decor EVP Steven Denny Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
EVP of Store Operations at Floor & Decor Holdings, Steven Denny, reports disposing of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 26, 2025, Steven Denny, EVP of Store Operations at Floor & Decor Holdings, disposed of 327 shares of Class A common stock at a price of $102.41.
- Following this transaction, Denny directly owns 20,124 shares.
- On February 27, 2025, Denny disposed of 762 shares of Class A common stock at a price of $96.82.
- Following this transaction, Denny directly owns 19,362 shares.
- The disposals were to satisfy tax withholding obligations upon the vesting of restricted stock units (RSUs).
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to routine stock disposals for tax purposes, with no indication of strategic shifts or concerns.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Disposal of 327 shares of Class A common stock at $102.41. |
| 02/27/2025 | Disposal of 762 shares of Class A common stock at $96.82. |
| 02/28/2025 | Date of signature by Power of Attorney. |
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