Davies Nicole 4

What Happened

• Nicole Davies, Executive Vice President, Corporate Development at Fluor Corporation, had 377 shares of common stock withheld to satisfy tax withholding on the vesting of 1,547 restricted stock units (RSUs). The withheld shares were valued at $45.08 each for a total of approximately $16,995. The transaction (code F) is a tax-withholding disposition tied to RSU vesting, not an open-market sale.

Key Details

• Transaction date: March 6, 2026
• Filing date: March 10, 2026 (filed within the Form 4 two-business-day window)
• Shares withheld/disposed: 377 at $45.08 → ~$16,995
• RSUs vested: 1,547 total; 377 shares were withheld to cover taxes
• Shares owned after transaction: not specified in the provided filing
• Footnote: the withholding occurred automatically upon RSU vesting and “no investment decision was made by the Reporting Person.”

Context

• This was a tax-withholding action on vested RSUs (a routine administrative event), not a directional buy or sell indicating market sentiment. Such withholdings are common when restricted stock units vest and should be interpreted as a tax settlement rather than an insider investment choice.