Breuer James R 4

What Happened

• James R. Breuer, CEO of Fluor Corporation (FLR), was credited with 17,381 shares on 2026-02-16 as an award (Form 4 reported 2026-02-18). The transaction is recorded as an acquisition at $0.00 per share because these were earned performance units rather than a cash purchase. No immediate sale occurred — this is a compensation award, not an open-market buy or sale.

Key Details

• Transaction date: 2026-02-16; Filing date (Form 4): 2026-02-18 (timely within the two-business-day window).
• Transaction type/code: A — Grant/Award/Other acquisition.
• Shares involved: 17,381 performance units; reported acquisition price: $0.00.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: These are earned performance units from a 2023 grant with a three-year performance period; each unit represents the contingent right to receive one share of Fluor common stock once conditions are met.

Context

• This award reflects compensation tied to previously established performance criteria being met; it does not represent an open-market endorsement or personal cash investment by the CEO. Performance-unit grants are common executive pay and may be subject to vesting, tax withholding, or conversion into actual shares per plan terms.