Floor & Decor Holdings, Inc. Announces 2024 Annual Meeting of Stockholders
Ticker: FND · Form: DEF 14A · Filed: Mar 19, 2024 · CIK: 1507079
Sentiment: neutral
Topics: Proxy Statement, Annual Meeting, Shareholder Vote, Virtual Meeting, Corporate Governance
TL;DR
<b>Floor & Decor Holdings, Inc. will hold its 2024 Annual Meeting of Stockholders virtually on May 8, 2024, requiring advance registration for certain shareholders.</b>
AI Summary
Floor & Decor Holdings, Inc. (FND) filed a Proxy Statement (DEF 14A) with the SEC on March 19, 2024. The Annual Meeting of Stockholders for Floor & Decor Holdings, Inc. will be held on May 8, 2024, at 11:00 AM Eastern Time. The meeting will be conducted virtually via remote communication at http://web.lumiagm.com/271307858. Stockholders need a meeting password and an 11-digit control number from their proxy card or voting form for admission. Shares held through intermediaries (banks, brokers) require advance registration with proof of a 'legal proxy'. Registration for intermediary-held shares must be completed by May 1, 2024, 5:00 PM Eastern Time.
Why It Matters
For investors and stakeholders tracking Floor & Decor Holdings, Inc., this filing contains several important signals. This filing is a Definitive Proxy Statement (DEF 14A), indicating the company is formally soliciting shareholder votes for its annual meeting. The virtual format and specific registration requirements for shareholders holding shares through intermediaries highlight the company's efforts to ensure all eligible shareholders can participate in corporate governance.
Risk Assessment
Risk Level: — Floor & Decor Holdings, Inc. shows moderate risk based on this filing. The filing is a routine proxy statement for an annual meeting and does not contain new financial or operational information that would significantly alter the risk profile.
Analyst Insight
Stockholders should review the proxy materials to understand the proposals being voted on and ensure they complete any necessary registration steps to participate in the May 8th Annual Meeting.
Key Numbers
- May 8, 2024 — Annual Meeting Date (Floor & Decor Holdings, Inc. Annual Meeting of Stockholders)
- 11:00 AM Eastern Time — Annual Meeting Time (Floor & Decor Holdings, Inc. Annual Meeting of Stockholders)
- May 1, 2024 — Registration Deadline (For shares held through intermediaries)
Key Players & Entities
- Floor & Decor Holdings, Inc. (company) — Registrant and company holding the Annual Meeting
- May 8, 2024 (date) — Date of the Annual Meeting
- 11:00 AM Eastern Time (time) — Time of the Annual Meeting
- Equiniti Trust Company, LLC (company) — Administrator for registration and proxy tabulation
- May 1, 2024 (date) — Deadline for registration for intermediary-held shares
FAQ
When did Floor & Decor Holdings, Inc. file this DEF 14A?
Floor & Decor Holdings, Inc. filed this Proxy Statement (DEF 14A) with the SEC on March 19, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Floor & Decor Holdings, Inc. (FND).
Where can I read the original DEF 14A filing from Floor & Decor Holdings, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Floor & Decor Holdings, Inc..
What are the key takeaways from Floor & Decor Holdings, Inc.'s DEF 14A?
Floor & Decor Holdings, Inc. filed this DEF 14A on March 19, 2024. Key takeaways: The Annual Meeting of Stockholders for Floor & Decor Holdings, Inc. will be held on May 8, 2024, at 11:00 AM Eastern Time.. The meeting will be conducted virtually via remote communication at http://web.lumiagm.com/271307858.. Stockholders need a meeting password and an 11-digit control number from their proxy card or voting form for admission..
Is Floor & Decor Holdings, Inc. a risky investment based on this filing?
Based on this DEF 14A, Floor & Decor Holdings, Inc. presents a moderate-risk profile. The filing is a routine proxy statement for an annual meeting and does not contain new financial or operational information that would significantly alter the risk profile.
What should investors do after reading Floor & Decor Holdings, Inc.'s DEF 14A?
Stockholders should review the proxy materials to understand the proposals being voted on and ensure they complete any necessary registration steps to participate in the May 8th Annual Meeting. The overall sentiment from this filing is neutral.
How does Floor & Decor Holdings, Inc. compare to its industry peers?
Floor & Decor Holdings, Inc. operates in the retail lumber and building materials dealer sector, focusing on flooring and related home improvement products.
Are there regulatory concerns for Floor & Decor Holdings, Inc.?
This filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies from shareholders.
Industry Context
Floor & Decor Holdings, Inc. operates in the retail lumber and building materials dealer sector, focusing on flooring and related home improvement products.
Regulatory Implications
This filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies from shareholders.
What Investors Should Do
- Review the proxy statement for details on proposals and voting matters.
- If holding shares through a broker, ensure timely submission of 'legal proxy' for virtual meeting registration.
- Note the virtual format and access requirements for the May 8th Annual Meeting.
Key Dates
- 2024-05-08: Annual Meeting of Stockholders — Key date for shareholder participation and voting
- 2024-05-01: Registration Deadline for Intermediary-Held Shares — Crucial deadline for shareholders holding stock via brokers/banks to register for the virtual meeting
Year-Over-Year Comparison
This is a Definitive Proxy Statement (DEF 14A) filed for the upcoming annual meeting, distinct from previous filings which might have included quarterly or annual financial reports.
Filing Stats: 4,706 words · 19 min read · ~16 pages · Grade level 13.8 · Accepted 2024-03-19 08:01:20
Key Financial Figures
- $0.001 — f record of our common stock, par value $0.001 per share ("common stock"), at the clos
Filing Documents
- tm242709d2_def14a.htm (DEF 14A) — 1622KB
- bc_fiscal-4clr.jpg (GRAPHIC) — 66KB
- bc_fndnetincome-4clr.jpg (GRAPHIC) — 175KB
- bc_fndnetsales-4clr.jpg (GRAPHIC) — 179KB
- bc_fndpeergroup-4clr.jpg (GRAPHIC) — 237KB
- lg_floordecor-4c.jpg (GRAPHIC) — 22KB
- pc_election-4clr.jpg (GRAPHIC) — 44KB
- pc_gender-4c.jpg (GRAPHIC) — 29KB
- pc_race-4c.jpg (GRAPHIC) — 55KB
- px_24floordecor1pg1-bwlr.jpg (GRAPHIC) — 815KB
- px_24floordecor1pg2-bwlr.jpg (GRAPHIC) — 571KB
- tb_elements-4c.jpg (GRAPHIC) — 50KB
- 0001104659-24-035904.txt ( ) — 7910KB
- fnd-20231228.xsd (EX-101.SCH) — 9KB
- fnd-20231228_def.xml (EX-101.DEF) — 6KB
- fnd-20231228_lab.xml (EX-101.LAB) — 28KB
- fnd-20231228_pre.xml (EX-101.PRE) — 5KB
- tm242709d2_def14a_htm.xml (XML) — 183KB
Security Ownership of Certain Beneficial Owners and Management
Security Ownership of Certain Beneficial Owners and Management 59 2025 Annual Meeting 62 i TABLE OF CONTENTS 2500 Windy Ridge Parkway, SE Atlanta, GA 30339 PROXY SUMMARY We are providing these materials in connection with the 2024 Annual Meeting of Stockholders (the "Annual Meeting") of Floor & Decor Holdings, Inc., a Delaware corporation (the "Company," "we," "us" or "our"). This summary highlights information contained elsewhere in this proxy statement. This summary does not contain all of the information that you should consider. Please read the entire proxy statement carefully before voting as it contains important information about matters upon which you are being asked to vote. TIME 11:00 A.M. Eastern Time on Wednesday, May 8, 2024 PLACE http://web.lumiagm.com/271307858 RECORD DATE You are entitled to vote only if you were a stockholder of record at the close of business on March 13, 2024. Agenda and Voting Recommendations Proposal Board Recommendation See Page (1) To elect eleven directors for a one-year term expiring at the 2025 Annual Meeting of stockholders once their respective successors have been duly elected and qualified or until their earlier resignation or removal. FOR each Nominee 7 (2) To ratify the appointment of Ernst & Young LLP as independent auditors for our 2024 fiscal year. FOR 21 (3) To approve, by non-binding vote, the compensation paid to our named executive officers for the fiscal year ended December 28, 2023, as disclosed in these proxy materials (commonly known as a "say-on-pay" proposal). FOR 56 (4) To recommend, by non-binding vote, the frequency of future advisory votes on executive compensation (commonly known as a "say-on-frequency" proposal). 1 year 57 (5) To transact such other business as may properly be brought before the Annual Meeting or any adjournment or postponement thereof. 62 Board of Director Nominees The following table provides summary in