4/A: Floor & Decor Executive Amends SEC Filing to Correct Option Exercise Reporting

Trevor Lang, President of Floor & Decor Holdings, Inc., amended a previous SEC Form 4 filing to accurately reflect a stock option exercise on February 28, 2024.

Summary

• Trevor Lang, President of Floor & Decor Holdings, Inc., filed an amendment to his Form 4 on November 5, 2024, to correct an error in the original filing from March 1, 2024.
• The amendment addresses the failure to report a stock option exercise that occurred on February 28, 2024.
• The original filing only reported the sale of shares received upon exercise of the option and shares surrendered for tax withholding.
• The corrected filing reflects an addition of 13,000 shares to the number of shares beneficially owned and a reduction of 13,000 derivative securities beneficially owned.
• The reported option is fully vested and exercisable at a price of $9.99.
• A Limited Power of Attorney was executed on September 6, 2024, granting David Christopherson and Stacy Ingram the authority to act on behalf of Trevor Lang for Section 16 reporting purposes.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain any information that would significantly impact investor sentiment positively or negatively. The correction of the error is a positive sign of transparency.

Industry Context

This filing is a routine disclosure related to executive stock option exercises, which are common in publicly traded companies to incentivize and reward management.

Key Dates