Fields Mark E 4

4 · FLUOR CORP · Filed Feb 23, 2026

AI-generated summary of this filing

Updated Feb 23, 2026

Fluor (FLR) Group President Mark Fields Exercises Options, Sells Shares

What Happened

Mark E. Fields, Group President of Fluor Corp (FLR), exercised 5,178 stock options on Feb 19, 2026 (exercise price $46.07, total cost $238,550) and sold the 5,178 shares the same day in multiple open-market transactions for total proceeds of $271,114. The exercise and immediate sale means the transaction acted as a cashless exercise in practice. The net pre-tax difference between sale proceeds and exercise cost was about $32,564.
The filing shows the option leg was converted/terminated as part of the exercise (derivative disposal entry at $0.00).

Key Details

Transaction date: Feb 19, 2026; Form 4 filed Feb 23, 2026 (covers transactions on Feb 19).
Exercise: 5,178 shares acquired at $46.07 each (total $238,550).
Sales (open-market):
- 2,059 shares at $51.58 — $106,210
- 2,318 shares at $52.68 — $122,108
- 801 shares at $53.43 — $42,796
- Total sales proceeds: $271,114.
Footnotes: Sales prices are weighted averages reported across multiple trades with price ranges: $51.17–$52.15 (F1), $52.17–$53.10 (F2), and $53.16–$53.66 (F3). Options vested in three equal annual installments beginning Mar 6, 2017 (F4).
Shares owned after the transactions were not specified in the provided filing details.
Transaction codes: M = exercise/conversion of derivative; S = sale (open-market).

Context

Because Fields exercised options and sold the same number of shares on the same day, this functions like a cashless exercise (common when executives realize option value or cover exercise/tax costs). This is a routine insider transaction and does not, by itself, indicate future company performance.

Form 4

Period: 2026-02-19

GROUP PRESIDENT

Transactions

Exercise/Conversion
Common Stock
2026-02-19$46.07/sh+5,178$238,550→ 199,691.8 total
Sale
Common Stock
[F1]
2026-02-19$51.58/sh−2,059$106,210→ 197,632.8 total
Sale
Common Stock
[F2]
2026-02-19$52.68/sh−2,318$122,108→ 195,314.8 total
Sale
Common Stock
[F3]
2026-02-19$53.43/sh−801$42,796→ 194,513.8 total
Exercise/Conversion
Employee Stock Option (Right to Buy)
[F4]
2026-02-19−5,178→ 0 total
Exercise: $46.07Exp: 2026-02-23→ Common Stock (5,178 underlying)

Footnotes (4)

[F1]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $51.17 to $52.15, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[F2]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $52.17 to $53.10, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[F3]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $53.16 to $53.66, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[F4]The options vested in three equal annual installments beginning on March 6, 2017.

Signature

/s/ Eric P. Helm by Power of Attorney|2026-02-23

1 file