Collins Alvin C III 4

What Happened
Alvin C. Collins III, Group President of Fluor Corporation (FLR), was granted/awarded 17,381 performance units on February 16, 2026. The Form 4 reports these as acquired at $0.00 (total reported cash value $0). Per the filing, the units were earned under a 2023 performance award after the applicable three‑year performance period and performance criteria were met; each unit represents the contingent right to receive one share of Fluor common stock.

Key Details

• Transaction date: 2026-02-16; Form 4 filed 2026-02-18 (timely filing).
• Transaction type/code: Award/Grant/Acquisition (A).
• Shares/units awarded: 17,381; reported price: $0.00; reported cash value: $0.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: F1 — these are earned performance units from a 2023 grant subject to a three‑year performance period; each unit represents a contingent right to one share of common stock.
• No 10b5-1 plan, tax‑withholding, or sale noted in this filing.

Context
This transaction is a compensation award (performance units earned after meeting performance goals) rather than an open‑market purchase or sale. Such awards are routine executive compensation and reflect fulfillment of prior grant conditions; they do not necessarily signal a personal buy/sell decision in the market.