FLUOR CORP·4

Mar 10, 4:30 PM ET

Collins Alvin C III 4

Research Summary

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Fluor (FLR) Group President Alvin Collins Withholds 7,674 Shares

What Happened

  • Alvin C. Collins III, Group President of Fluor Corp (FLR), had 7,674 shares of common stock withheld on March 6, 2026 to satisfy tax withholding tied to the vesting of equity awards. The withholding was recorded at $45.08 per share for a total value of $345,944.
  • This was not an open-market sale or purchase but an automatic tax-withholding disposition associated with the vesting of restricted stock units (RSUs) and performance units.

Key Details

  • Transaction date and price: 2026-03-06, 7,674 shares at $45.08 each (total $345,944).
  • Report filed: Form 4 filed 2026-03-10 (timely filing).
  • Shares owned after transaction: Not disclosed in the filing.
  • Relevant footnote: The issuer withheld these 7,674 shares to satisfy tax withholding upon the vesting of 10,458 restricted stock units and 17,381 performance units held by the reporting person; withholding occurred automatically and no investment decision was made by the reporting person.
  • Transaction code: F (tax withholding/payment on vesting).

Context

  • This is a routine tax-withholding event related to equity compensation vesting (cashless/clawback-style withholding) and should not be interpreted as an intentional market sell or purchase by the insider.
  • Such withholding transactions are common when equity awards vest and typically do not signal insider sentiment about the company's stock.