Form 4: Floor & Decor EVP Steven Denny Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
EVP of Store Operations at Floor & Decor Holdings, Steven Alan Denny, reports disposing of shares to cover tax obligations upon vesting of restricted stock units and awards.
Summary
- On February 28, 2025, Steven Alan Denny, EVP of Store Operations at Floor & Decor Holdings, disposed of 208 shares of Class A common stock at a price of $96.63.
- This disposal was to satisfy tax withholding obligations upon the vesting of restricted stock units (RSUs).
- Following this transaction, Denny directly owns 19,154 shares of Class A common stock.
- On March 1, 2025, Denny disposed of 97 shares of Class A common stock at $96.63 to cover tax obligations upon vesting of a restricted stock award.
- After this transaction, Denny directly owns 19,057 shares of Class A common stock.
- These disposals are exempt under Rule 16b-3(e).
Sentiment
Score: 5
Explanation: This is a neutral event. It reflects routine transactions related to executive compensation and tax obligations.
Industry Context
This is a routine filing related to executive compensation and tax obligations. It's common for executives to sell shares to cover taxes when restricted stock or options vest.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Disposal of 208 shares of Class A common stock to cover tax obligations upon vesting of RSUs. |
| 03/01/2025 | Disposal of 97 shares of Class A common stock to cover tax obligations upon vesting of a restricted stock award. |
| 03/04/2025 | Date of signature for the report. |
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