Davies Nicole 4
Research Summary
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Fluor (FLR) EVP Nicole Davies Receives Restricted Stock Award
What Happened Nicole Davies, Executive Vice President of Corporate Development at Fluor Corp (FLR), received a grant of 6,987 restricted stock units (RSUs) on 2026-02-20. The Form 4 lists the acquisition price as $0.00 (transaction code A — award/grant). This is a compensation grant rather than a market purchase or sale.
Key Details
- Transaction date: 2026-02-20; reported on Form 4 filed 2026-02-24 (appears timely).
- Transaction type/code: Award/Grant (A); acquisition price reported $0.00 for 6,987 RSUs.
- Shares owned after transaction: Not specified in the filing provided.
- Footnote F1: RSUs vest in three equal annual installments beginning March 6, 2027.
- No sale or purchase executed — this is a compensation award.
Context Restricted stock units are equity awards that convert into actual shares only as they vest; they are commonly used for executive compensation and retention. Grants like this reflect company compensation decisions and do not by themselves indicate insider buying or selling sentiment.