Hammonds Kevin B 4
4 · FLUOR CORP · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Fluor (FLR) CLO Kevin Hammonds Withholds 845 Shares for Taxes
What Happened
Kevin B. Hammonds, Chief Legal Officer of Fluor Corp (FLR), had 845 shares of Fluor common stock withheld on March 6, 2026 to satisfy tax withholding resulting from the vesting of 2,783 restricted stock units (RSUs). The withheld shares were valued at $45.08 each, totaling $38,093. This was a tax-withholding disposition (transaction code F), not an open‑market sale — the filing notes the withholding occurred automatically and no investment decision was made by the reporting person.
Key Details
- Transaction date: 2026-03-06; Form 4 filed: 2026-03-10 (appears timely; Form 4s are due within two business days)
- Transaction type/code: Tax withholding — F
- Shares withheld/disposed: 845 shares @ $45.08 = $38,093
- RSUs vested: 2,783 total (withholding used to satisfy tax obligation)
- Shares owned after transaction: Not reported in this filing
- Footnote: Withholding was automatic upon vesting; reporting person did not make an investment decision
Context
Tax-withholding withholding of shares on vested RSUs is a routine administrative action and does not necessarily indicate insider sentiment about the stock. Purchases or voluntary sales are generally more informative about an insider’s market view; this filing documents a standard payroll/tax event.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-06$45.08/sh−845$38,093→ 27,071 total
Footnotes (1)
- [F1]In connection with the vesting of 2,783 restricted stock units held by the Reporting Person on March 6, 2026, the Issuer has withheld 845 shares of common stock to satisfy the resulting tax withholding obligation. The withholding of the shares occurred automatically upon the vesting of the units, and as such, no investment decision was made by the Reporting Person.