Fluor (FLR) Group President Michael E. Alexander Withholds 678 Shares

What Happened
Michael E. Alexander, Group President of Fluor Corporation, had 678 shares of FLR withheld to satisfy tax withholding on the vesting of 2,783 restricted stock units. The withheld shares were valued at $45.08 each, totaling $30,564, and the withholding occurred on March 6, 2026. This was an automated tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: March 6, 2026; filing date: March 10, 2026 (filed within the two-business-day window).
• Shares withheld: 678 at $45.08; total value $30,564.
• Related award: 2,783 restricted stock units vested on March 6, 2026 (678 shares withheld to cover taxes).
• Shares owned after transaction: not specified in the provided excerpt.
• Footnote: Withholding occurred automatically upon vesting; the reporting person made no investment decision regarding the withholding.

Context
Tax-withholding on RSU vesting is routine and typically does not signal insider buying or selling intent—it's a disposition to cover tax liability. This was not a market sale or a purchase; it reflects the mechanics of equity compensation vesting rather than a trade-based opinion on the company's prospects.