Form 4: Floor & Decor Executive Reports Tax Withholding Transaction
SEC Form 4 Filing
David Victor Christopherson, EVP, CAO & CLO of Floor & Decor Holdings, Inc., reports the surrender of restricted stock to cover tax obligations upon vesting.
Summary
- On March 1, 2024, David Victor Christopherson, EVP, CAO & CLO of Floor & Decor Holdings, Inc., surrendered 178 shares of Class A common stock to satisfy tax withholding obligations.
- The transaction was executed at a price of $121.37 per share.
- Following the transaction, Christopherson directly owns 20,381 shares of Class A common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, and it doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations arising from vested restricted stock, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: surrender of shares for tax withholding. |
| 03/05/2024 | Date of signature for the report. |
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