Floor & Decor (NYSE: FND) EVP surrenders stock to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Floor & Decor Holdings, Inc. executive David Victor Christopherson, EVP, CAO & CLO, reported several Form 4 transactions involving Class A common stock. On February 26–27, 2026, he surrendered shares underlying restricted stock units to cover tax withholding obligations upon RSU vesting, coded as tax-withholding dispositions (Code F) rather than open-market sales. Following these transactions, he directly owned 24,860 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Christopherson David Victor
Role
EVP, CAO & CLO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A common stock, par value $0.001 | 575 | $69.09 | $40K |
| Tax Withholding | Class A common stock, par value $0.001 | 1,219 | $69.09 | $84K |
| Tax Withholding | Class A common stock, par value $0.001 | 704 | $70.14 | $49K |
Holdings After Transaction:
Class A common stock, par value $0.001 — 26,079 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did FND executive David Christopherson report?
David Victor Christopherson reported tax-related share dispositions linked to restricted stock units. On February 26–27, 2026, he surrendered Floor & Decor Class A shares to satisfy RSU tax withholding obligations, recorded under transaction code F, rather than executing open-market stock sales.
Was the FND Form 4 transaction an open-market stock sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares underlying restricted stock units were surrendered to cover Christopherson’s tax liability upon RSU vesting, a transaction type exempt under Rule 16b-3(e) and categorized with code F on the filing.
What is transaction code F in the FND insider filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, Christopherson delivered Floor & Decor shares underlying restricted stock units to satisfy tax withholding due at vesting, rather than paying the obligation in cash.
What role does David Christopherson hold at Floor & Decor (FND)?
David Victor Christopherson serves as Executive Vice President, Chief Accounting Officer, and Chief Legal Officer at Floor & Decor Holdings, Inc. His Form 4 filing reflects personal equity compensation activity and related tax-withholding dispositions tied to his restricted stock unit awards.