FLUOR CORP·4

Feb 24, 4:30 PM ET

Hammonds Kevin B 4

Research Summary

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Fluor (FLR) CLO Kevin Hammonds Receives Restricted Stock Award

What Happened
Kevin B. Hammonds, Chief Legal Officer of Fluor Corporation (FLR), was granted 11,643 restricted stock units (RSUs) on 2026-02-20. The Form 4 records the award at $0.00 per share (no cash paid at grant). The RSUs vest in three equal annual installments beginning March 6, 2027.

Key Details

  • Transaction date: 2026-02-20; transaction type: Award/Grant (code A) of 11,643 RSUs; reported value: $0.00.
  • Vesting: Granted as restricted stock units that vest in three equal annual installments starting March 6, 2027 (footnote F1).
  • Shares owned after transaction: Not specified in the provided filing.
  • Filing date/timeliness: Form filed 2026-02-24 — within the standard two-business-day Form 4 reporting window.
  • No 10b5-1 plan, tax-withholding, or immediate sale reported in this filing.

Context
RSU grants are a form of compensation that vest over time and do not represent an immediate market purchase or sale. Such awards are common for executives and are intended to align long-term incentives with shareholders; they should not be interpreted as a direct near-term buy/sell signal.