Morgan Anthony 4
Research Summary
AI-generated summary
Fluor (FLR) Group President Morgan Anthony Sells Shares
What Happened
Morgan Anthony, Group President of Fluor Corporation (FLR), sold 8,500 shares in an open-market transaction on March 6, 2026 at a weighted average price of $44.78, generating about $380,661. On the same date 1,254 shares were disposed to satisfy tax withholding obligations related to the vesting of 5,147 restricted stock units (RSUs); those shares are reported at a weighted average price of $45.08 for $56,530. Both dispositions are reported on the Form 4 filed March 10, 2026.
Key Details
- Transaction dates: March 6, 2026 (reported March 10, 2026). Filing appears timely (filed within required business-day window).
- Open-market sale: 8,500 shares at a weighted avg price $44.78; prices ranged $44.30–$45.13; total ≈ $380,661.
- Tax withholding: 1,254 shares withheld to satisfy taxes on RSU vesting at weighted avg $45.08; total ≈ $56,530.
- RSU vesting: 5,147 RSUs vested; 1,254 shares withheld automatically for taxes.
- 10b5-1 plan: The open-market sales were executed under a 10b5-1 trading plan adopted Dec 5, 2025 (per filing).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
Context
- The open-market sale was executed under a pre-established 10b5-1 plan (routine trading arrangement), and the withheld shares were an automatic tax-withholding on RSU vesting — the filing notes no active investment decision for the withholding. Sales by executives can be routine; purchases are generally more indicative of a positive insider signal.