Cook Tracey H 4
Research Summary
AI-generated summary
Fluor (FLR) CHRO Tracey Cook Receives RSU Vesting; 276 Shares Withheld
What Happened Tracey H. Cook, Chief Human Resources Officer of Fluor Corporation (FLR), had 1,080 restricted stock units (RSUs) vest on March 6, 2026. To satisfy the resulting tax withholding obligation, the company automatically withheld 276 shares of common stock (disposed) at an effective price of $45.08 per share, totaling approximately $12,442. This was a routine tax-withholding action tied to RSU vesting, not an open-market sale decision by the insider.
Key Details
- Transaction date: March 6, 2026 (reported on Form 4 filed March 10, 2026).
- Action: Tax withholding on RSU vesting (transaction code F).
- Shares withheld/disposed: 276 shares at $45.08 each; total value ≈ $12,442.
- RSUs vested: 1,080 units.
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: Withholding occurred automatically upon vesting; the reporting person did not make an active investment decision.
- Filing timeliness: Filed within a few days of the transaction (no late filing noted).
Context Tax-withholding disposals on vesting are common and generally routine; they do not necessarily indicate the insider is reducing their overall stake by choice. For retail investors, purchases or voluntary sales by insiders are typically more informative about sentiment than automatic withholding transactions.