Form 4: Floor & Decor Executive Brian K. Robbins Reports Stock Disposals for Tax Obligations

Brian K. Robbins, EVP at Floor & Decor Holdings, Inc., reported disposing of shares to cover tax obligations upon vesting of restricted stock, performance stock, and restricted stock units.

Summary

• On February 26 and 27, 2024, Brian K. Robbins, an Executive Vice President at Floor & Decor Holdings, Inc., disposed of Class A common stock.
• The disposals were to satisfy tax withholding obligations upon the vesting of restricted stock, performance stock, and restricted stock units (RSUs).
• The transactions were exempt under Rule 16b-3(e).
• The price for the shares disposed of on February 26, 2024 was $117.11.
• The price for the shares disposed of on February 27, 2024 was $120.55.
• Following these transactions, Robbins directly owns 11,521 shares of Class A common stock.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions for tax purposes, and it doesn't indicate any significant positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of executive compensation and are common across publicly traded companies. They provide transparency into insider transactions.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to tax obligations and do not represent a change in the company's fundamentals.

Key Dates