Alexander Michael E. 4/A
Research Summary
AI-generated summary
FLUOR Group President Michael E. Alexander Withholds 1,463 Shares
What Happened
- Michael E. Alexander, Group President of Fluor Corp (FLR), had 1,463 shares withheld to satisfy tax withholding related to the vesting of 6,001 restricted stock units (RSUs) on March 6, 2026. The withholding was executed at $45.08 per share, totaling approximately $65,952. This was an automatic tax-withholding action, not a discretionary sale.
Key Details
- Transaction date: 2026-03-06 (withholding on RSU vesting)
- Transaction type/code: Tax withholding (F)
- Shares withheld/disposed: 1,463 shares at $45.08 each → ~$65,952
- RSUs vested: 6,001 units
- Shares owned after transaction (as reported in the Original Filing): 66,523.1910 shares of common stock
- Filing: This is a Form 4/A (amendment) filed 2026-05-08 correcting an omission in the original Form 4 filed 2026-03-10; the withholding occurred automatically and no investment decision was made by the reporting person.
Context
- This is a routine tax-withholding (cashless surrender) tied to RSU vesting, not an open-market sale or purchase by the insider. Such withholdings are administrative and common following vesting and generally do not by themselves signal insider intent to buy or sell additional shares.