Constable David E 4

What Happened David E. Constable, Executive Chairman and Director of Fluor Corporation, had 92,243 shares of FLR withheld on March 6, 2026 to satisfy tax withholding resulting from the vesting of equity awards. The withholding price was $45.08 per share, producing a disposition value of $4,158,314. The Form 4 classifies this as code F (payment of exercise price or tax liability); the shares were withheld automatically upon vesting and no active sell decision was made by the Reporting Person.

Key Details

• Transaction date: 2026-03-06; Form 4 filed: 2026-03-10 (appears timely).
• Transaction code: F (tax withholding/payment of exercise price or tax liability).
• Shares withheld: 92,243 at $45.08 each; total value $4,158,314.
• Awards vested (per footnote): 86,946 restricted stock units and 155,628 performance units.
• Shares owned after transaction: not specified in the filing.
• Footnote: withholding occurred automatically to cover tax obligations; Reporting Person did not make an investment decision to sell.

Context This was an administrative, non-market sale action (share withholding to cover taxes on vested RSUs/performance units), which is common when awards vest. Such withholdings do not necessarily indicate the insider’s view on the company’s prospects; purchases are generally more informative about insider sentiment.